Nigeria’s total public debt stock, comprising the Federal Government, states and Federal Capital Territory (FCT), stood at N20.373 trillion as at September 30, 2017, showing a marginal increase of 3.6 per cent from the N9.637 trillion as at June...

The Central Bank of Nigeria on Tuesday sold dollars at N306 for the second time, after maintaining a level around 305/dollar on the official spot market for two months, traders said. The move was minor, to signal a change in...

The Ministry of Finance has said that the $500 million loan it seeks the Senate’s approval to access will be used in empowering the poor in the country. The Permanent Secretary of the Ministry, Mahmoud Isa-Dutse, while appearing before the...

About $500 million (N152.5 billion) extra is required to fix design anomalies in the on-going airport terminal buildings in four locations in the country Daily Trust has learnt. The new terminal buildings, conceived by the previous administration, in Abuja, Kano,...

Power distribution companies are going to start paying interest on the debt they owe the electricity Market Operator since the commencement of the Transitional Electricity Market in January 2015, the Federal Government has declared. It was gathered that the government,...

MINISTER of Power, Works and Housing, Babatunde Fashola, has revealed how the Federal Government recovered $64,630,065 electricity debt from the Republic of Niger and Benin Republic. The minister, who spoke in Asaba, capital of Delta State, yesterday, said the recovery...