The pound advanced today after Britain’s centre-left Labour Party clinched an expected landslide election victory to end 14 years of right-wing Conservative rule. London’s benchmark FTSE 100 index gave up early gains following news that Keir Starmer will become Britain’s new prime minister after Labour trounced Rishi Sunak’s Conservatives as W...
•Nigerian debt problem The Debt Management Office (DMO), yesterday revealed that Nigeria’s sovereign debt as at September 30, 2023 was N87.91 trillion or $14.35 billion. The figure represents the domestic and external debts of the federal government, the 36 states and the Federal Capital Territory. At N87.91 trillion, the total public debt sto...

