As the fuel scarcity continues, the Peoples Democratic Party (PDP) has accused the All Progressives Congress (APC) Government of being silent over reports of fraud in the oil regime whereby […]
Business
FG Borrows N5trn From Pension Funds
The federal government has borrowed a whopping N5 trillion from the N7.3 trillion pension funds saved since the commencement of the Contributory Pension Scheme (CPS) in 2004. Investigations revealed that […]
FAAC Reports NNPC To NEC Over Missing $1.4b Remittance
There is $1.486 billion generated from gas sales from the Nigeria Agip Oil Company (NAOC) divested assets between January 2013 and December 2016? The Federation Accounts Allocation Committee (FAAC) and the Nigerian […]
Four Million Nigerians Lost Jobs In 2017 Alone – National Bureau Of Statistics
Between January and September this year, a total number of 4.07 million Nigerians became unemployed, an analysis of the unemployment report for the third quarter released by the National Bureau […]
DMO Lists $300m Diaspora Bond, $3bn Eurobond Bond On NSE, FMDQ Thursday
The Debt Management Office, DMO, will on Thursday list a $300 million Diaspora Bond and $3 billion Eurobonds in the International Capital Market (ICM) on The Nigerian Stock Exchange (NSE) […]
FG Begins Sale Of N10.69b Debut Green Bond
The issuance of the debut FGN Green Bond worth N10.69 billion has commenced. The exercise kicked off on Monday, December 18, 2017 and will end on Wednesday, December 20, 2017. […]
Nigeria Remains Investors’ Choice – IMF
The International Monetary Fund (IMF) has said Nigeria remains investors’ choice, saying, it was pleasantly surprised to receive numerous indication of interest by investors eager to invest in Nigeria. Senior […]
NNPC Adopts 24 Hour Depot, Retail Services To Clear Fuel Queues
The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the […]
FG Set To Issue Debut Green Bond In Domestic Market
The Debt Management Office (DMO) has announced that, as part of the preparations towards the Issuance of the first Sovereign Green Bond, it would sensitise prospective investors in the Bond […]
Nigerian Ports Authority Resolves Dispute With Intels, Contract To Be Restored
The business dispute between the Nigerian Ports Authority and Intels Nigeria Limited over revenue sharing structure and payment procedure now stands resolved, the NPA has said. The maritime agency is […]
