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N115bn Worth Of Bonds To Be Auctioned Nov 21 By FG

N115bn Worth Of Bonds To Be Auctioned Nov 21 By FG   The Debt Management Office has said the Federal Government will auction by subscription N115bn worth of bonds on November 21. In a circular by the DMO on its website on Tuesday, the breakdown of the...

FG Borrowed Over N2trn To Fund 2017 Budget, Says DMO

FG Borrowed Over N2trn To Fund 2017 Budget, Says DMO   The Federal Government borrowed a total of N2.32tn in 2017 to fund deficit in the budget, the Debt Management Office has said. DMO said this in its 2017 Annual Report obtained by our correspondent in Abuja...

$956m Power Transmission: FG, Foreign Agencies Agree To Sign Deals

$956m Power Transmission: FG, Foreign Agencies Agree To Sign Deals   The Federal Government and multilateral donor agencies are set to sign off three key transmission projects worth $956m in November. It was gathered in Abuja on Monday that the projects would be executed by the Transmission...

FG: 15 Public Enterprises Fail To Remit N8.1trn In 5yrs

FG: 15 Public Enterprises Fail To Remit N8.1trn In 5yrs   The Federal Government has said 15 public enterprises failed to remit a total of N8.1trn between 2010 and 2015. The Minister of Information and Culture, Alhaji Lai Mohammed, who disclosed this in Lagos, yesterday, said public...

Minimum Wage: Strike Looms As FG, Govs Meeting Deadlock

Minimum Wage: Strike Looms As FG, Govs Meeting Deadlock   The strike threatened by Nigeria’s organised labour appears imminent as the meeting between the federal government’s Economic Management Team (EMT) and state governors on labour’s quest for a new minimum wage failed to reach consensus on...

FG Begins Soft Loans Disbursement In Edo

FG Begins Soft Loans Disbursement In Edo   The Federal Government under its micro-credit scheme, TraderMoni, has commenced the disbursement of soft loans to micro scale entrepreneurs in Edo State. Vice President, Yemi Osinbajo had in June announced the new scheme as a national social intervention programme...