Govt’s Local Debt Hits N10.8tn, Owes Foreign Creditors $11.5bn As of September 30, 2016, the Federal Government’s indebtedness to local creditors stood at N10.8tn, while external...
FG to Reduce Agencies Operating in Ports to Six The Federal Government is currently working towards streamlining the number of agencies operating in the nation’s ports...
FG Seeks $2.3bn Loans From W/Bank, China The Federal Government is seeking to borrow at least $1bn from the World Bank and another $1.3bn from China’s...
Budget Faces Hurdle as MDAs Fail to Provide Details The passage of the 2017 Appropriation Bill by the National Assembly has suffered a setback. It was...
Buhari Needs ‘Longer Period of Rest’ Says Presidency The presidential office on Tuesday said President Muhammadu Buhari needs more rest, even after spending a month in...
Federal Secretariat in Darkness Over N120m Electricity Debt Government activities at the Federal Secretariat complex, Abuja have been grounded for nearly a week due to power...
NNPC Records $2.45bn Crude oil Export Sale in One Year The Nigerian National Petroleum Corporation (NNPC) has said that $2.4 billion export sale was recorded in...
Fitch Re-affirms BoI’s Rating at AA+ Negative revision due to health of economy Fitch Ratings has re-affirmed Bank of Industry Limited’s (BoI) National long-term rating at...
The Evolving EU-Nigeria Social, Economic Alliance The European Union (EU) has had a lot of successes since it was founded on November 1, 1993, in Maastricht,...
Kachikwu Clarifies Nigeria’s $100bn Loss to Militancy in Niger Delta The Minister of State for Petroleum, Dr. Ibe Kachikwu, has clarified the $50-$100 billion said to...