$235bn Investments Lost Over Delay In PIA – Sylva   The Federal Government on Tuesday said Nigeria lost an estimated $235bn worth of investments in the oil and gas sector for delaying the passage of the Petroleum Industry Bill by about...

Pensioners Receive N17bn Unfunded Liabilities 30 Years After   The federal government has paid over N17 billion unfunded liabilities to pensioners after 30 years. The payment is a significant part of the outstanding pension liabilities owed to pensioners of defunct agencies on...

Naira Slides Ahead Of Yuletide, Exchange For 570/$   The naira continued its downward trend as the dollar was sold for N570 in the parallel market on Tuesday. Operators, who spoke to our correspondent, said the dollar was bought and sold for...

Reps Okay Fresh $5.8bn Loan, $10m Grant For Fed Govt   The House of Representatives, on Tuesday, approved external borrowings totaling $5,803,364,553.50 and a grant of $10,000,000 for the Federal Government as part of the proposed 2018–2020 External Borrowing (Rolling) Plan...

Nigeria Secures $210m AfDB Loan To Boost Agriculture   The African Development Bank’s Board of Directors announced on Tuesday the approval of a $210m loan for Nigeria’s Special Agro-Industrial Processing Zones, which it said would boost the agricultural sector. The AfDB said...

Nigeria’s Debt Hits N38trn, Rises By N2.54trn In Three Months - DMO   The Debt Management Office on Tuesday disclosed that Nigeria’s public debt was N38.005tn as of the end of the third quarter of 2021. In a press statement titled, ‘DMO...