Nigeria’s total debt stock stood at $53.46 billion as at end-March 2013. This is the aggregate of Federal Government, State governments and Federal Capital Territory (FCT)...
Weekly trading on the Nigerian Stock Exchange (NSE) opened on a positive note as the All-Share Index appreciated marginally by 0.07 per cent. The index rose...
Economics is a science of choice. Decision making involves making a choice. Among competing wants, preference has to be put on scale and selection made on...
Former South African President, Mr. Thabo Mbeki said that African leaders launder about $50 billion into foreign banks annually. Mbeki made the revelation in Abuja Nigeria....
The hunt for Royal Dutch Shell’s next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last...
Nigeria’s poverty rate should be falling faster given its economic growth this decade, an official of the International Monetary Fund said. The share of citizens Nigerians...
The Central Bank of Nigeria (CBN) has retained the lending rate at 12 per cent, the Governor, Malam Sanusi Lamido Sanusi, said. Sanusi stated this on...
The Nigeria Sovereign Investment Authority, NSIA, has disclosed the allocation of its $1 billion (about N155 billion) take-off of capital to the three statutory funds through...
The naira eased against the U.S. dollar on the inter-bank market on Wednesday as strong demand from importers of fuel and other goods drained liquidity in...
President Goodluck Jonathan has approved the appointment of new chief executive officers for three parastatal agencies. The appointees are Mr Benjamin Dikki, Director-General, Bureau of Public Enterprises; Mr...
By Omoh Gabriel There are things that look so ordinary that we all take for granted. We are so familiar with them that there importance is...
The Debt Management Office has said that Nigeria will continue to maintain a debt to Gross Domestic Product threshold of 40 per cent considering the economic...
Weekly transactions on the Nigerian Stock Exchange (NSE) opened on Monday on a bearish note with the major equities recording price losses. The market indices recorded...
—-oil revenue exceeded budget estimate —-non oil revenue drops By Omoh Gabriel The total federally collected revenue stood at N2. 425.3 trillion in the first three...
Nigeria is a country of 167 million people by the current population estimate. Just as the population is fast growing, so are the ideas of how...