The Federal Government is planning to borrow N105bn ($345m) in local currency - denominated bonds at an auction on October 12, the Debt Management Office has said.
The DMO said that it would raise N35bn each from debt maturing in...
The International Monetary Fund has cut its 2017 economic growth forecast for Nigeria.
The Washington-based lender said in its World Economic Outlook Report that Nigeria’s economy would contract by 1.7 per cent this year and expand 0.6 per cent in...
The Nigerian Civil Aviation Authority has summoned officials of Emirates Airlines to a meeting today, as it continues its investigations into allegations that the airline recently asked its passengers travelling out of Nigeria to pay for air tickets in...
The Federal Government plans to spend an estimated N6.812tn as its budget for 2017.
The figure is about 13.3 per cent or N806bn above the N6.06tn budgeted for 2016.
These details were contained in the 2017-2019 Medium-Term Expenditure Framework and Fiscal...
A total of N168.77bn foreign capital escaped Nigeria within seven months, the foreign portfolio investment (FPI) record of the country reveals.
A document obtained by Daily Trust from the Nigeria Stock Exchange (NSE) shows that from January to July, this...
President Muhammadu Buhari has said that between March and July 2016, a space of five months, the activities of militants in the Niger Delta region resulted to Nigeria’s transmission system experiencing up to 16 system collapses.
Buhari stated that the...
