The Nigeria Extractive Industries Transparency Initiative said the debt burden of the 36 states of the federation rose to over N3.342tn at the end of 2016.
According to NEITI, Lagos, Delta, Osun and Akwa Ibom topped the chart of highly indebted states with N1.262tn, representing...
To boost bilateral ties and increase inflows of foreign direct investments, stakeholders within Nigeria and Norway have sought opportunities in the non-oil sector in addressing economic challenges bedevilling the two nations.
Besides, the Nigerian Export Promotion Council (NEPC) has identified a potential earning of $18...
The Federal Government has accused a former Governor of Benue State, Gabriel Suswam, and two others of diverting the sum of N9.79bn, part of which was meant for police reform programme and Subsidy Reinvestment and Empowerment Programme.
The SURE-P scheme was set up by the...
New facts have emerged that majority of inmates which constitute about 72 percent in prison facilities across Nigeria are awaiting trial persons.
The current population of prisoners in Nigeria is put at 68,110 which comprises of 66,774 males and 1336 females. The information which was...
Hopes of unanimity of positions and harmony of fiscal and monetary policies appear dim following an alleged demand for a review of the powers of the Central Bank of Nigeria, CBN, by the Ministry of Finance. Minister of Finance, Mrs. Kemi Adeosun and Governor...
The two arms of the National Assembly, NASS, yesterday approved President Muhammadu Buhari’s request to raise additional $500 million eurobond from the international capital market to fund the 2016 Budget deficit. In the Senate, the approval was given, following an executive communication from the...
