Latest data from the Debt Management Office (DMO), which oversees the Nigerian government's debt management, shows that more than three-quarters of the states in the country reduced their loans over the past 15 months. This is due to an increase in fund allocations by the Federal Government from the consolidated revenue account following an increase in liquidity attributed to the removal of petrol subsidy. Thami Ngubeni spoke to Shuaibu Idris, the CEO of Time-Line Consult Limited...

<p>Latest data from the Debt Management Office (DMO), which oversees the Nigerian government's debt management, shows that more than three-quarters of the states in the country reduced their loans over the past 15 months. This is due to an increase in fund allocations by the Federal Government from the consolidated revenue account following an increase in liquidity attributed to the removal of petrol subsidy. Thami Ngubeni spoke to Shuaibu Idris, the CEO of Time-Line Consult Limited...</p>

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

<p>In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.</p>