Rising Foreign Loans Risky for Exchange Rate – IMF The International Monetary Fund says the Federal Government’s plan to refinance local loans with increased foreign loans...
AfDB Cancels $400m Loan to Nigeria The African Development Bank has called off a loan to Nigeria that would have helped fund the country’s budget, the...
Israeli Firm to Secure Nigeria’s Maritime Space The Federal Government has contracted an Israeli firm to handle the security of the nation’s waterways and maritime facilities...
IMF Wants Nigeria to Stop Tax Holidays The International Monetary Fund has advised the Federal Government to urgently revisit tax holidays and exemptions given to companies....
Middle East Investors Move to Take Over Nigerian Airports Some stakeholders in the aviation sector, including members of the National Assembly, are worried that investors from...
NNPC Begins Oil Exploration in Nasarawa Oil search in Nigeria’s inland basins has received a boost following the commencement of exploration activities in the Nasarawa State’s...
FG, Dangote, Others Sign $1.1bn Pact for 540MW Plant The Federal Government and the developers of the 540-megawatts Qua Iboe Power Plant signed a Power Purchase...
FEC Approves Draft 2018 Appropriation Bill The Federal Executive Council on Thursday approved the draft 2018 Appropriation Bill, paving the way for President Muhammadu Buhari to...
Don’t Expect Commodity Shake-up Next Year, W’Bank Tells Nigeria The World Bank says the big drop in export commodity prices that led to significant economic shocks...
Road Construction: FG Approves Tax Relief for Private Sector The Federal Executive Council on Thursday approved the establishment of the Road Trust Fund Structure for the...