Focus on Domestic Lending, PwC Urges FG The Pricewater-houseCoopers Nigeria has advised the Federal Government to focus on domestic sources of funds to finance the deficit...
Allow Consumers to Buy Meters, FG Tells NERC The Federal Government has directed the Nigerian Electricity Regulatory Commission to reinstate the regulation that allows power consumers...
IMF: Debt Service May Consume 60% of Govts’ Revenues The International Monetary Fund (IMF) has warned that Nigeria and other oil producing countries in Africa may...
We’ve Paid 62 Contractors N50bn this Year – Osinbajo Vice President Yemi Osinbajo on Thursday announced that since the beginning of this year, the Federal Government...
Power Transmission Capacity Increases by 600MW, Says TCN The Transmission Company of Nigeria on Thursday announced that the country’s power transmission capacity had increased by 600...
Airbus, Boeing Interested in Nigeria’s National Carrier – FG The Federal Government has said that two major internationally renowned aircraft manufacturers, Airbus and Boeing, have indicated...
Troubled Nigerian Oil Firm, Seven Energy, to Sell Assets After several defaults on its debt-servicing obligations, Seven Energy, an indigenous oil and gas exploration, development, production...
$5.5bn Borrowing: FG Meets Global Investors in US Friday The Federal Government is set to meet global debt investors this week as it looks to sell...
3,050MW Plant: FG, Chinese Bank Negotiate $4.92bn Loan The Minister of Power, Works and Housing, Babatunde Fashola, announced on Wednesday that the Federal Government had commenced...
TSA: $21.3m Trapped in Heritage Bank, NPA Tells Reps About $21.3m of Federal Government’s funds held for the Nigerian Ports Authority by Heritage Bank had been...
