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...
ERGP: FG to Hire Malaysian Economic Experts for N458m The Federal Executive Council on Wednesday approved the retention of Malaysian consultants to help conduct a study...
Nigeria’s Debt Grows by N8tn in Two Years Nigeria’s total debt stock rose by N8tn between September 2015 and September 2017, according to statistics provided by...
Senate Approves $5.5bn Foreign Loan as External Debt Rises to $15.4bn The Senate Tuesday approved the request by the executive to raise $3 billion from the...
Oil Falls for Third Day over Rising US Shale Output Crude oil prices dropped for a third day from close to two-year high yesterday as rising...
2018 budget: FG Targets N311bn From Asset sale, Privatisation The Federal Government is aiming to generate of N311bn from privatisation of public properties and the sale...
NNPC Operations Not Yet Fully Transparent The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said that reforms initiated by the federal government to...
