Federal Government is seeking to borrow yet another $5.5 billion form external sources to fund the 2017 budget that is about to run its full circle....
The federal government 2017 budget is being partly financed with money recovered from treasury looters, President Muhammadu Buhari has said. The recovered funds being used, according...
The International Monetary Fund grew slightly more optimistic over the last three months about global growth but clearly remained concerned about risks. The IMF’s new forecast...
Nigerian Gas Processing and Transportation Company Limited, NGPTC, one of the subsidiaries of the Nigerian National Petroleum Corporation, NNPC, has announced a 16.8 increase in its...
President Muhammadu Buhari has nominated Mrs Aishah Ahmad for Senate confirmation as Deputy Governor of the Central Bank of Nigeria (CBN). She is to replace...
The Federal Government is has begun plans to shutdown the National Economic Reconstruction Fund (NERFUND) over non-performance and non performing loans of over N17.5 billion. A source...
The Federal Government has released the proceeds of the N100 billion Sukuk bond for the construction of 25 key economic road projects of the Federal Ministry...
The Central Bank of Nigeria (CBN), in continuation of its efforts to sustain FOREX liquidity in the country, intervened in the inter-bank Foreign Exchange Market to...
The Presidency has listed 57 achievements recorded by President Muhammadu Buhari’s administration in the last two and half years in commemoration of Nigeria’s 57th Independence anniversary....
Africa Development Bank (AfDB) has said that it would promote remittances into Africa from its Diaspora community to boost the region’s economic growth. This fact was...
Ecobank said it has entered into partnership with Visa to launch Ecobank Scan+Pay with mVisa solutions to its consumers. The bank said that the strategic...
Honourable Minister of Agriculture and Rural Development Chief Audu Ogbe has said that Nigeria exported N30 billion worth of agricultural products in the first three months...
Federally collected revenue recorded an appreciable increase as a result of the recent rise in oil earnings and other sources in August, leading to the Federation...
Debt Management said it raised N243.7 billion at a bond auction almost twice the amount it had initially put on offer for subscription, as local funds...