Under Buhari, External Debt Rises By $15.3bn   The nation’s external debt stock rose by 148 per cent in almost four years of the President Muhammadu Buhari administration, data from the Debt Management Office showed. The external debt soared to $25.61bn on March 31, 2019 from $10.32bn...

43 Days After Budget Assent, FG Yet To Fund Capital Projects   forty-three days after the 2019 budget was signed into law by President Muhammadu Buhari, the Federal Government has yet to release funds to Ministries, Departments and Agencies for the implementation of capital projects. Buhari had...

Absence Of Cabinet Hinders Afam, Yola Power Firms Sale The failure of President Muhammadu Buhari to constitute the Federal Executive Council is stalling the conclusion of the sale of Afam Power Plc and the Yola Electricity Distribution Company, an investigation has shown. Members of the National...

Nigeria Wants Fair Trade As Buhari Signs AfCFTA Nigeria became the 53rd country to join the African Continental Free Trade Area on Sunday after President Muhammadu Buhari signed the AfCFTA Agreement in Niamey, Niger Republic. The Republic of Benin also joined the group, bringing to 54,...

Buhari, Others Back Insurance Industry Recapitalisation   President Muhammadu Buhari, the Managing Director, Access Bank Plc, Herbert Wigwe; the Director-General of the Budget Office of the Federation, Mr Ben Akabueze, and other stakeholders in the financial services sector on Monday backed the plan to recapitalise the...

Buhari Appoints Thomas John As Acting NNPC Board Chairman   President Muhammadu Buhari has appointed Dr Thomas John as the acting alternate chairman of the Governing Board of the Nigerian National Petroleum Corporation, bringing to an end the tenure of the former Minister of State for...