Investors Commit N3.36trn To FG Bonds   Investors committed about N3.36tn to Federal Government bonds between January and December 2021, according to an analysis of the FGN Bond Auction results available on the website of the Debt Management Office. Bond oversubscriptions hit N1.61tn within the period under...

External Reserves Slides To Four Months Low At $39.98bn   The external reserves have fallen below the $40bn mark to the lowest point in over three months, figures from the Central Bank of Nigeria have revealed. The reserves dropped to $39.82bn on February 2, 2022 from $40.53bn...

FG Shops For N5.9trn To Deliver Multiple Rail Projects As China Ditters With a protracted delay from China in opening up funds for Nigeria, the federal government is turning to the British market where it expects to raise $14.4 billion (about N5.993 trillion) at least...

  By Abdulrahman Abdulraheem  The PAMO University of Medical Sciences, located in Port Harcourt, Rivers state capital, has been thrown into turmoil and uncertainty over a major disagreement between the management of the School and parents of the students.  Parents are up in arms against the Management...

The Senate Committee on Public Accounts has cleared the Bureau of Public Enterprises (BPE) of allegations of financial impropriety brought against it by the Office of the Auditor General of the Federation (OAuGF). This is contained in a statement issued by Mr Ibeh Chidi,...

'Nigeria To End 2022 With N12.6trn Deficit'   The Group Managing Director, Cowry Asset Management Limited, Mr. Johnson Chukwu has projected that Nigeria may end 2022 with N12.6trillion deficit He noted that with narrow expectation of revenue generation, the federal government’s projection of increasing revue in 2022...