By Odunewu Segun Nigeria’s could have serious problems implementing the 2017 and very likely, 2018 budget following a the recent announcement by the African Development Bank...
Two high ranking ministers, Rotimi Amaechi of the transport ministry and the Minister for Finance, Kemi Adeosun, are currently at loggerhead on the use of the...
The Federal Government of Nigeria, FGN, through the Debt Management Office, DMO, today, Wednesday, October 25, 2017, conducted a bond auction exercise at the domestic market....
Nigerian Senate has resolved to intervene in the $1.2b debt crisis rocking Etisalat Nigeria and urged relevant financial agencies of the Federal Government to investigate the...
The World Bank has said Nigeria may be heading for serious financial crisis following the decision of the government to seek for more loans to...
By Odunewu Segun Indigenous oil and gas operator Seven Energy International Limited may be for a rough time following its inability to fulfill payments on two...
Nigeria’s Access Bank said on Wednesday it had booked a 4 billion naira ($13 million) impairment on its loan to troubled telecoms firm 9mobile, formerly known...
Commercial banks reduced their lending to the economy by N292 billion in the second quarter (Q2) of 2017, latest report by National Bureau of Statistics has...
After Wednesday’s Federal Executive Council meeting in Abuja, Minister of Finance, Mrs. Kemi Adeosun told journalists that instead of borrowing Naira, Nigeria is now borrowing in...
Investigations by National Daily revealed that erstwhile chairman of Etisalat Nigeria Mr. Hakeem Bello-Osagie has launched out in search of investment partners to buy the mega shares in...