Nigeria Should Prepare For Unstable Loan Markets - IMF
The International Monetary Fund (IMF) has advised Nigeria and other developing economies with large foreign currency borrowings and external financing need to prepare for turbulence in financial markets.
The Washington-based lender also...
2022 Budget: Senate approves N215.8bn for FIRS
The Senate has approved N215.8 billion as budget for the Federal Inland Revenue Service (FIRS) for the 2022 fiscal year.
The budget was approved in plenary on Wednesday.
It was sequel consideration of a report...
NNPC Presents N3trn Subsidy Bill For 2022 To FEC
The Nigerian National Petroleum Company, NNPC, Limited has presented to the Federal Executive Council FEC a bill of N3 trillion as what is required in 2022 for payment of petroleum subsidy.
This...
Bond Investors To Get N605bn Repayment
Bond investors may receive N605 billion in repayment of the principal amount and last coupon on maturing Federal Government of Nigeria (FGN) Bonds, while disbursements are expected to be made to the three tiers...
African Airlines’ Passenger Traffic Crashes By 65% - IATA
The International Air Transport Association says African airlines’ passenger traffic has fallen by 65% due to the increasing impact of the Omicron variant of Covid-19.
A new report by IATA, the global...
Nigeria Targets $40bn Investments In Digital Infrastructure
The Federal Government is targeting $40billion private capital investments in digital infrastructure and facilitating the formation of up to $1 billion in private equity.
The government estimates public investment of N150billion, according to National...
