As Nigeria continues to dither over the Petroleum Industry Bill, which has suffered setbacks in two consecutive legislative tenures, Ghana has passed its own petroleum bill into law in a bid to lure investments. Ghana’s legislature passed the Petroleum Production...

The Federal Government is set to borrow $1bn from the international capital market to fund its expansionary budget and stimulate economic growth as inflation, slow growth and other challenges continue to hit the economy. Consequently, the Debt Management Office is...

The Federal Government borrowed a total of N600bn between January and June this year to augment the shortfall in revenue caused by various challenges affecting oil and non-oil receipts. The amount, which was borrowed from the domestic market, was contained...

Nigerians should prepare for another increase in the pump prices of petrol, due to the continued scarcity of foreign exchange to finance the importation of the product, oil marketers have said. According to them, the United States dollar hit an...

There is a crack in the ranks of the Niger Delta Avengers (NDA). This came to the fore as a splinter group renounced its membership of the dreaded and destructive Niger Delta Avengers and embraced dialogue, promising to expose other...

In order to optimally manage and plan their foreign exchange (FX) requirements and transactions more easily, manufacturers in country have started taking advantage of the over-the-counter (OTC) FX Futures market. This is just as the Managing Director/CEO of FMDQ, Mr....