The Federal Government is planning to borrow N120bn ($387m) in local-currency denominated bonds at an auction on September 14, the Debt Management Office has said. The DMO said it would raise N40bn each from debt maturing in 2021, 2026 and...

Vice-President Yemi Osinbajo says Nigeria has been losing one million barrels of crude oil daily in the last six months due to the activities of pipeline vandals. Osinbajo, who is the head of President Muhammadu Buhari’s economic team, disclosed this...

The devaluation of the naira slashed Nigeria’s trade deficit by 44 per cent to N196.5bn in June, from N351.3bn in March, the National Bureau of Statistics said on Tuesday. The bureau said the value of exports increased by 63 per...

Forty Chinese engineers have visited the site of the 3050 WM Mambilla hydro-power project at Gembu in Taraba State. The high profile visit which took place weekend is preparatory to the take off of the project, official sources told Daily...

NCC optimistic of 30% penetration by 2018 The Nigerian Communications Commission (NCC), monday in Lagos, revealed that broadband penetration in the country has moved from 10 per cent in 2014 to 14 per cent in 2016. It also assured Nigerians of...

...To launch revised national policy on food and Nutrition today ...WHO confirms third polio case The federal government monday painted a rather unflattering picture of the state of nutrition in the country, saying about 53 percent of Nigerian children under the age...