Sectoral interventions save Nigeria N1.3tn annual import bill – CBN
The Central Bank of Nigeria (CBN) has said its interventions in key sectors of the economy through its development finance role have
Nigeria owes IOCs $3.501bn in cash-call – NEITTI
Nigeria has significantly reduced the accumulated debt it owes International Oil companies (IOCs) for cash-call for oil and gas
68% of Nigeria’s N25.7tn debt is domestic – DMO
The Debt Management Office has said out of Nigeria’s total debt profile of N25.7tn as of June 2019, external borrowing accounts for
Investors lose N57bn as bears take centre stage
By Omobayo Azeez The equities market shed N57 billion on Wednesday, mostly brought about by losses incurred by 15 stocks. This loss
693 agric projects aided with loans of N101bn by NIRSAL
Since its incorporation in 2013 by the Central Bank of Nigeria, a total of N101bn has been facilitated by the Nigerian Incentive-Based
Lack of rail transport in seaports worries NPA
By Samson Echenim Absence of rail transportation system in Nigerian ports has continued to be a source of worry to the Nigerian Ports
Hard times emerges in states as revenues shrink, wage bills rise
Investigations showed in the last four months, states’ allocations from the Federation Account had been on the decline. It was further
NCC to punish telecom operators for ignoring customers’ complaints
Telecom operators who fail to attend to their customers’ complaints within 24 hours will have to face the wrath of the Nigeria
Federal Government reimburses states N157.3bn in tax arrears
The Federal Government of Nigeria has paid N157.35 billion to all the states in the federation. The money represents pay-as-you-earn