Highly Indebted States: Lagos Debt Hits N1.043trn in 2018- Investigation … High Indebted States: Lagos, Rivers, Osun, Kaduna, Imo .… Low Indebted States: Yobe, Jigawa, Kwara, Ondo, Ebonyi Lagos State, South West Nigeria, is number one among the Highly Indebted States in Nigeria in both external and...

Nigeria’s Growing Insurance Capital Attracts Foreign Firms Higher capital requirements for insurers in Nigeria are set to provoke a wave of consolidation, with foreign players in the driver’s seat. Analysts believe that, consolidation will most likely help the new rules to work. The National Insurance Commission...

Nigeria Must Be Ready For Next Global Economic Crisis, Says Emefiele Governor of Central Bank of Nigeria, Godwin Emefiele, on Wednesday, said Nigeria must prepare for the next global economic crisis. Emefiele said this while delivering a lecture titled: ‘Beyond the Global Financial Crisis: Monetary Policy...

W/Bank Grants Nigeria 30yrs To Repay $350m Rural Power Fund Nigeria will have about 30 years to repay the World Bank the $350 million it borrowed from it to fund the expansion of access and supply of electricity to rural communities, educational institutions and underserved...

Report Says "Nigeria Attracted N7.6bn Greenfield Capital Investment In 2018" Nigeria attracted N7.6bn cross-border greenfield capital investment in 2018, according to the latest report by fDi Market Intelligence, a research unit of Financial Times. A greenfield investment is a type of foreign direct investment where a...

US Refiners Increase Crude Imports From Nigeria, Others Refiners in the United States have turned to several lesser-used oil suppliers in the wake of US sanctions that restricted usual providers of widely-used grades as they gear up for peak driving season. Nigeria, Iraq, Brazil and Angola...