Nigeria Seeks to Diversify From Oil With $41 Billion of Rail Nigeria has started a $41 billion railway expansion to reduce dependence on oil and diversify...
Knocks for Govt’s Plan to Exempt Firms from Tax The Federal Government’s plan to exempt 27 industries from paying companies’ income tax for three years, with...
Dangote to Sell N200b shares in Block Divestment Dangote Industries Limited (DIL), the majority core investor in Dangote Cement Plc, plans to sell shares valued at...
Mobil Oil Nigeria Changes Name to Double One The Nigerian Stock Exchange (NSE) at the weekend formally changed the name of Mobil Oil Nigeria to 11...
NSC, NNPC, NEXIM Bank, Others Partner on Truck Park The Nigerian Shippers Council (NSC) said, it is collaborating with the Nigerian National Petroleum Corporation (NNPC), NEXIM...
Nigeria’s Domestic Debt Refinancing Strategy Obinna Chima examines the federal government’s public debt restructuring plan by way of refinancing maturing treasury bills with cheaper and longer...
Market Experts Explain Low Patronage of FGN Savings Bonds Capital market operators have advised the Debt Management Office (DMO) to embark on more aggressive awareness creation...
Apapa Gridlock: Council, NPA, Others Endorse Prosecution of Traffic Violators The Apapa Local Government Area, Nigerian Ports Authority (NPA) and other stakeholders Tuesday agreed that owners...
Local Rice Production Hits 15m Tonnes Local rice production in Nigeria has now reached 15 million metric tonnes annually, the government has claimed. It said the...
CBN Injects $364m Into Inter-bank FX Market The Central Bank of Nigeria has intervened in the Inter-Bank market to the tune of $364m to sustain liquidity...