FG Restructures Debt Profile, to Issue Dollar-backed Treasury Bills

Badly weighed down by the debilitating effect of Nigeria’s huge debts, the Federal Government on Wednesday sought a way out, approving the issuance of dollar-backed Treasury bills even as it extended the maturity period from between 91 and 364 days to two and three years respectively. The initiative, according to an economic expert, who spoke to THISDAY Wednesday, is an impressive policy via IFTTT