Nigeria’s Debt Service Bill Tops N4tr in Three Years By the end of 2017, Nigeria would have spent N4.1 trillion on debt servicing. The 2017 budget...
Federation Earned $61.2bn from 1.28bn Barrels of Oil in 21 Months The Nigeria Extractive Industries Transparency Initiative (NEITI) has put Nigeria’s aggregate crude oil production and...
New Zealand Economy Grows Faster Than Forecast New Zealand’s economy grew faster than economists forecast last quarter as construction boomed and consumer spending increased. While revisions...
NLC to Monitor Disbursement of Paris Debt Refunds The Nigeria Labour Congress has called on its chairmen in the 36 states of the federation to monitor...
Naira Slides to N492 at Parallel Market The Naira continued to depreciate against the greenback at the parallel market as demand for the dollars outstrips forex...
BUA Set to Complete $300m Sokoto Cement Plant The BUA Group’s cement subsidiary, CCNN (also known as Sokoto Cement), expects its new 1.5- million-metric-tonnes-per-annum cement plant...
Our Ports Are Ready for Full Utilisation Nigeria’s main ports, Apapa Port and Tin Can Island Port as well as other four ports (Onne, Rivers, Warri,...
Investment Inflow Into Nigeria Shrinks by $4.5bn The level of investment inflow into the country recorded a huge decline of $4.51bn from the $8.08bn in the...
$30bn Loan Rejection Won’t Affect 2017 Budget The Presidency on Wednesday said the rejection of the proposed $29.96bn external borrowing plan of President Muhammadu Buhari-led administration...
Lagos Funds Pension Scheme With N125.94bn Lagos State Government has so far spent N125.94bn on the Contributory Pension Scheme since its inception nine years ago. The...