The DMO in a recent Press Release has clarified the plans of the Federal Government to source for capital from the International Financial Markets. In the Press Release, the DMO […]
Business
DMO Solicits Media Support In Debt Management
The Director General of the Debt Management Office (DMO), Ms. Patience Oniha, has solicited the support of the media in informing Nigerians on the management of the country’s debt stock […]
FG Offers Monthly Savings Bond At 13.535%, 14.535% For Retail Investors
The Federal Government has offered for subscription two-year and three-year Savings Bonds to investors at 13.535 per cent and 14.535 per cent, respectively from Monday, August 7 to Friday, August […]
Estimated 0.8% Growth Won’t Dent Nigeria’s Jobless, Poverty Levels – IMF
The International Monetary Fund (IMF) says 0.8 per cent projected economic growth for Nigeria in 2017 will “not make a dent in reducing unemployment and poverty. In a statement released […]
World Bank Approves $57 billion For Nigeria, Other Sub-Sahara African Countries
The World Bank Group has announced the approval of $57 billion for Nigeria and other sub-Saharan African countries for the next three years. A statement posted on the bank’s website […]
African Business Summit In US has No African Delegates. Their Visas Were Denied
There were reportedly no African delegates at a summit about sustainable development in Africa after they were all denied visas to enter the US. The African global economic and development […]
Abacha’s Son Fights To Reclaim $1.3bn Oil Bloc, Sues FG, Shell, Agip
Son of the late military Head of State, Gen. Sani Abacha, Mohammed, had begun a legal battle to reclaim the $1.3 billion Oil Prospecting Licence (OPL) 245, which was allocated […]
U.S. Gives Reasons For deporting Nigerians With Valid Visa
The United States Embassy in Abuja on Wednesday provided a possible reason for the deportation of a Nigerian believed to be a victim of the ongoing immigration overhaul by the […]
Senate Strips President, Minister Of Power To Allocate Oil Blocs
The President and the Minister of Petroleum Resources may be stripped of power to allocate oil blocs.This major change, we gathered, was part of the Petroleum Governance Bill (PIGB) undergoing […]
CBN Pegs Dollar Rate For School Fees, PTA At N375 Per 1US$
In line with its determination to boost dollar supply in the economy as well as to bridge the wide gap between the interbank foreign exchange (FX) market and the parallel […]
