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FG borrows N600bn annually to augment staff salaries, says SGF

FG borrows N600bn annually to augment staff salaries, says SGF

The Federal Government of Nigeria has disclosed that its borrows internally over N600 billion annually to pay salaries of its workforce adding that with the way things are going many States may not be able to pay salaries in the next three to four months.

Oil hits 2016 high of 43 dollars a barrel

Oil hits 2016 high of 43 dollars a barrel

Oil reached a 2016 high, hitting 43 dollars a barrel on Tuesday, and supported by hopes that upcoming meeting of oil producers will agree on steps to tackle a supply glut.