Newspaper Headlines: FG plans N26trn borrowing, N29trn for debt servicing

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Newspaper Headlines: FG plans N26trn borrowing, N29trn for debt servicing
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Nigeria's independent online newspaper

Reports on Nigeria’s soaring debt profile, naira depreciation, and rising cost of petrol, permeate the front pages today.

The Nation reports that Wale Edun, minister of finance, said the federal government is confident that its home-grown policies can revive the economy. The newspaper says the All Progressives Congress in the United States has raised the alarm over an alleged plot by some members of the National Democratic Coalition to discredit President Bola Tinubu.

Daily Independent reports that healthy competition, which kept banks on their toes in the past, is gradually diminishing following the deployment of financial technology. The newspaper says the Peoples Democratic Party is optimistic of victory at the supreme court ahead of the presidential election appeal verdict.

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