Court Says EFCC Lack Powers to investigate or recover civil contract debts A Federal High Court, sitting in Ibadan has ruled that the Economic and Financial Crimes Commission (EFCC) lack powers to arrest anyone or investigate cases of debt recovery...

Minister Says N15bn Green Bond to Finance Agric, Others ….as Udoma lobbies IFC on funding critical infrastructure Nigeria’s Finance Minister, Zainab Shamsuna Ahmed, has said that the Federal Government is set to issue a second N15 billion Green Bond to finance...

 AfDB Approves $15 million Investment package for InfraCredit The Board of the African Development Bank (AfDB) has approved a $15-million investment package to Infrastructure Credit Guarantee Company (InfraCredit), to support infrastructure financing through the domestic debt capital markets in Nigeria. The...

Appraising SEC’s Recent Market Development Initiatives Appraising the performance of the Nigerian investment market space the past year, reflects a sector that has continued to respond proactively to emerging global trends following innovative strategies being adopted by those saddled with...

Chevron, Anadarko Petroleum in $33b Acquisition deal Chevron announced Friday that it will purchase Anadarko Petroleum in a cash-and-stock deal worth $33 billion, in what could launch a wave of consolidation as the big oil companies seek to exploit the...

Nigeria, others Spent $5.2trn on fuel subsidy- IMF Boss, Lagarde Nigeria and other global oil players have spent a total of $5.2 trillion on fuel subsidy, the Managing Director International Monetary Fund (IMF) Christine Lagarde has said at the ongoing...