The Acting President, Prof. Yemi Osinbajo, has requested approval of the House of Representatives for fresh $1.28bn and €9m loans under the 2016-2018 External Borrowing (Rolling) Plans of the Federal Government. A letter he wrote to the House of Representatives on the matter was read...

The Federation Accounts Allocation Committee (FAAC) yesterday shared N415.730 billion among the three tiers of government- federal, states and local government areas (LGAs) for the month of April 2017. According to the Accountant General of the Federation, Idris Ahmed, who spoke after the Committee’s meeting...

Nigeria’s Gross Domestic Product (GDP) contracted by -0.52 per cent (year-on-year) in real terms in the first quarter (Q1) of 2017, a report by the National Bureau of Statistics (NBS), has indicated. The NBS report, tagged, ‘Nigerian Gross Domestic Product Report for first quarter 2017’...

Twenty-nine ships, laden with petroleum products, food items and other goods, are expected to arrive Apapa and Tin-Can Island ports in Lagos between now and June 3rd. According to “Shipping Position’’’, a publication of the Nigerian Ports Authority (NPA), the ships contained buck wheat, bulk...

... Ag President holds interactive session with a large cross section of public, civil servants this week The Buhari administration will drive the new executive orders signed last week vigorously in its determination to significantly transform the business environment and how government business is done...

The Nigerian delegation to the 42nd annual meeting of the just-ended Islamic Development Bank had during a business meeting with the IsDBG Vice-President for Operations, Nigeria’s former Minister for Finance, Dr. Mansur Muhtar, urged the Bank to fast-track the implementation of ongoing projects being...