The federal government has been advised to only channel borrowed funds to specific infrastructure projects rather than increasing its debt profile for recurrent expenditure, especially the...
Just as the rising oil price is moving close to $80 on US crude inventory drop, Nigerian petroleum industry observers have predicted that sooner than later,...
The Federal Government through the Debt Management Office DMO may be considering a $2.5 billion Eurobond in the first quarter of this year. Director-General of the...
Brent oil prices hit $71 per barrel on Thursday, January 25, for the first time since 2014 as the dollar continued to weaken and crude inventories...
In spite of the optimism expressed by the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele about the possibility of reduction in the Monetary...
By Chioma Obinagwam The Central Bank of Nigeria (CBN) has spent $15.9 billion in nine months in its weekly intervention in the foreign exchange (forex) market, Managing Director,...
The House of Representatives on Thursday passed the Petroleum Industry Governance bill through its third and final reading. The final report of the bill with the...
Early morning stock market data indicates investors are dumping Diamond Bank shares in droves. The share price is currently 9% down. The stock opened trading this...
The Federal Ministry of Finance and the Bank of Industry (BoI), have signed a memorandum of understanding (MoU) to recover an outstanding N17.5 billion loan being...
China says its bilateral trade with Nigeria in 2017 stood at 12.3 billion dollars. Deputy Chinese Ambassador to Nigeria, Mr Lin Jing said that the trade...