Nigeria to introduce a 15-year debt maturity for the first time – DMO
Patience Oniha, DMO boss Foreign investors cut their participation in Nigerian government bond auctions last year, buying just 4.39% of all bonds issued compared with the previous year when…
FAAC: State Govts receive N191.3bn for the month of December
The Federation Accounts Allocation Committee (FAAC) has shared N716.298 billion to the three tiers of government for the month of December 2019. The Permanent Secretary, Ministry of Finance, Budget and…
Rice sufficiency: Lagos AFAN acquires 200 hectres of land for rice farming
The All Farmers Association of Nigeria (AFAN), Lagos State Chapter, says it has acquired 200 hectares of farmland for rice cultivation in Epe area of the state. Mr…
Trump urges Boeing to move fast in resolving 737 MAX issues
U.S. President Donald Trump U.S. President Donald Trump has urged Boeing Co to move quickly to resolve issues with the grounded 737 MAX, noting the planemaker’s significant impact on…
We’ll solve our infrastructure challenges using PPP – Sanwo-Olu
L-R: Special Adviser to the Governor on Works and Infrastructure, Engr. Aramide Adeyoye; Director, Centre for International Advanced and Professional Studies, Prof. Anthony Kila; Special Adviser to the Governor…
Each person on earth owes $32,500 as global debt hits $257 trillion
Global debt is expected to climb to a new all-time high of more than $257 trillion in the coming months, the Institute of International Finance estimated on Monday, adding there…
‘AfDB’s annual private sector investment lending jumps to $2bn in 10 years’
The African Development Bank (AfDB) Group says its annual private sector investment lending has increased from about 300 million dollars to two billion dollars in ten years. The bank’s Communication…
Nigerians to pay 7.5% VAT as Buhari signs Finance Bill into law
President Muhammadu Buhari on Monday signed the 2020 Finance Bill into law.Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, confirmed this development in a statement…
Alleged revenue indebtedness: FG withdraws case against MTN Nigeria
MTN Nigeria Communications Plc on Friday said its case with the Federal Government over alleged revenue indebtedness of N242.24 billion and $1.28 billion had been withdrawn. MTN Nigeria stated…
Zenith Bank takes banking to the people with operation Retail Storm
Zenith Bank has started the year boldly with operation Retail Storm in which the bank staff mounted branded stands at strategic parts of Lagos to woo customers and bring its…