Oil prices shot up over four per cent to their highest level since 2015 early on Monday after OPEC and other producers over the weekend in Vienna reached first output cut deal since 2001 . They jointly reduced output in...

As part of efforts by the present administration to check housing deficit, the Federal government has launched the N13 Billion Federal Civil Servants Mortgage Refinancing Scheme by the Nigeria Mortgage Refinance Company Plc (NMRC). Finance Minister, Kemi Adeosun at the...

The Senate has said even though President Muhammadu Buhari will present the 2017 Appropriation Bill to the National Assembly next Wednesday, it will not consider the bill until the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper it...

The Debt Management Office (DMO) says it has raised the entire N1.18 trillion domestic component of the 2016 approved borrowing to fund the economy this fiscal year. Addressing members of the Senate Committee on Local and Foreign Debts, the Director...

The Federal Government has said it was looking the way of the International Monetary Fund, IMF, and the World Bank for some of its external borrowings to boost the economy out of recession. According to the government, both institutions have...

A bill seeking to set aside 20 percent of the country’s annual budget for constituency projects scaled through second reading at the Senate. If the bill becomes law, the constituency projects will get at least N1.4 trillion out of the...