Reps To NPA: Resolve $753m, N1.61bn Debts Immediately   The House of Representatives’ Committee on Public Accounts, on Tuesday, ordered the Nigerian Ports Authority to immediately call a meeting with firms operating Nigeria’s ports to determine their actual indebtedness to the Federal Government. This is based on...

2023 Budget'll Be Presented To NASS Next Month — Akabueze   The executive will present the 2023 Federal Government budget proposal to the National Assembly by September. Director-General, Budget Office of the Federation Mr. Ben Akabueze, revealed this at the commencement of the training of Budget Officers...

Nigeria’s External, Domestic Debt Service Gulps N15.22trn   Nigeria in the past 10 years has spent a whopping sum of N15.22trillion to service its domestic and external debts, data gathered on the official website of Debt Management Office (DMO) has revealed. Thorough analysis of the DMO numbers...

FG To Raise N225bn New Bonds From Investors The federal government will today conduct its regular primary auction of new bond issuances with a view to raising additional N225 billion from the domestic capital market. Investment firms at the weekend doubled up efforts at pre-auction marketing...

External Reserves Sheds $337m In Two Weeks Nigeria’s external reserves fell by $337 million in the first two weeks of August, maintaining its declining trend since the middle of last month. Data from the Central Bank of Nigeria showed that the external reserves fell to $38.882...

Despite Economic Challenges, Insurance Sector Recorded 6.2% Growth In Q1, 2022   The National Insurance Commission (NAICOM), has said that in spite of macro economic challenges which has bedeviled businesses in Nigeria, insurance sector recorded a year-on-year growth rate of 6.2 per cent at the end...