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Nigerian T-bills Oversubscribed By N132bn

Nigerian T-bills Oversubscribed By N132bn     The Nigerian Treasury Bills auctioned for the month of May was oversubscribed by N132bn. The Debt Management Office disclosed this on its website on Wednesday, adding that a total of N33bn was offered while it recorded a total subscription of N165.56bn. The...

Refineries Lost N132bn Last Year – NNPC

Refineries Lost N132bn Last Year - NNPC   The operating deficit recorded by the nation’s refineries rose by 39 per cent to N132.5bn in 2018, compared to the previous year, data from the Nigerian National Petroleum Corporation showed on Tuesday. The refineries posted a loss of N95.09bn...