Nigeria’s Debt Profile Stands at N24.387trn Nigeria’s total debt as at December 31, 2018 stands at N24.387 trillion or $79.437 billion. Director General of the Debt Management Office, Patience Oniha who stated this Thursday in Abuja also revealed that the figure...

IMF supports VAT Raise The International Monetary Fund (IMF) has expressed its support for the federal government’s plan to reform and raise value-added-tax (VAT). At the conclusion of the IMF Executive Board 19 Article IV Consultation with Nigeria, the financial institution...

Air Peace Orders 30 New Jets in $2.1bn Deal Air Peace, has set a continental record with an order for 30 brand new Embraer 195-E2 aircraft in a deal involving $2.1billion The deal, which was unveiled during Embraer Business Meeting with...

Crown Refinery Partners Ondo Government on $500m Modular Refinery A modular refinery Firm, Crown Refinery & Petrochemical Limited, is partnering the Ondo State Government in a $500m Modular refinery. The Memorandum of Understanding (MoU) was signed by the state Governor, Mr....

FEC approves N5.5bn for youth empowerment The Federal Executive Council (FEC) on Wednesday approved N5.5 billion for the training and provision of devices to 12,000 youths in N-Power Knowledge Multi-Track Youth Empowerment Programme. The Minister of Budget and National Planning, Sen....

Salaries and Wages Commission pushes for Comprehensive Job Evaluation National Salaries, Incomes and Wages Commission, NSIWC has attributed frequent agitation for increment and review of salaries by MDAs to delay in job evaluation. Executive Chairman of the Commission High Chief Richard...