Chris Ugwu

1 day ago | thewhistler.ng | Chris Ugwu

[mc4wp_form id=33047] A former Director-General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, has called for a fundamental reform of public debt management frameworks in Nigeria and other African countries to link debt financing more directly with economic productivity.

2 days ago | thewhistler.ng | Chris Ugwu

[mc4wp_form id=33047] The World Bank Group and the International Atomic Energy Agency (IAEA) have entered into a formal agreement to support the safe, secure, and responsible use of nuclear power in developing countries. The agreement, signed by World Bank President Ajay Banga and IAEA Director General Rafael Mariano Grossi, marks the World Bank’s first reengagement with nuclear energy in decades and signals a broader shift in global development policy.

2 days ago | thewhistler.ng | Chris Ugwu

[mc4wp_form id=33047] Africa received over $95bn in remittances in 2024, with Nigeria, Egypt, and Morocco emerging as the top beneficiaries, according to the State of Africa’s Infrastructure Report 2025 released by the Africa Finance Corporation (AFC). The figure nearly matched the total foreign direct investment (FDI) inflow into the continent for the same year, underscoring the growing significance of diaspora remittances as a critical source of external financing.

3 days ago | thewhistler.ng | Chris Ugwu

[mc4wp_form id=33047] The Nigeria Association of Small and Medium Enterprises (NASME) has called on the federal government to adopt a revolving fund mechanism for micro, small, and medium enterprises (MSMEs), arguing that the current one-off intervention funds are inadequate to address the sector’s long-term financing needs.

4 days ago | thewhistler.ng | Chris Ugwu

[mc4wp_form id=33047] The Federal Government has raised ₦100bn through its June 2025 bond auction, according to the Debt Management Office (DMO). The funds were raised from the sale of two bond instruments aimed at financing the national budget and managing domestic debt obligations for the 2025 fiscal year. The auction featured two separate bonds, each with a face value of ₦50bn. The first offering was a five-year re-opening bond with a coupon rate of 19.30 per cent, maturing on April 17, 2029.