Government Spends N2.4tr on Fuels, Lubricants Import The Federal Government spent N2.4 trillion on the importation of fuels and lubricants in 2016, according to the National...
World Bank to Raise $1.6b to Combat Hunger in Nigeria, Others World Bank Group President Jim Yong-Kim on Thursday said the bank was working toward raising...
Domestic Debt Stock Rises to N11.05tn The country’s total domestic debt profile rose to N11.05 trillion as at December 30, 2016, compared to N10.84 trillion in...
IBEDC Needs N60bn for Metering Ibadan Electricity Distribution Company has said it needs between N30bn and N60bn to supply one million meters to its customers, decrying...
FG to Raise N213.7bn Treasury Bills Next Week The Federal Government plans to raise N213.75bn ($681m) from short-dated Treasury bills at an auction on March 15,...
FG Optimistic Nigeria Will Exit Recession This Year The federal government on Wednesday expressed optimism that the Nigerian economy was on the path of recovery, assuring...
Oranto Petroleum Invests $500m in South Sudan Oil Block Nigeria’s Oranto Petroleum Limited has said it has signed oil sharing agreement with South Sudan covering the...
NLC Accuses FG of Stalling N56,000 Minimum Wage The Nigeria Labour Congress has accused the Federal Government of intentionally delaying the constitution of a tripartite committee...
Fashola’s Ministry Frustrating us The Lagos State Governor, Mr. Akinwunmi Ambode, has said his administration’s effort to reconstruct the International Airport Road from Oshodi is being...
Nigerian Breweries Inaugurates N11bn Ota Plant Former President Olusegun Obasanjo and Ogun State Governor, Ibukunle Amosun, on Wednesday inaugurated the new plant of the Nigerian Breweries...