FG to borrow N5.8trn through treasury bills sales
Treasury Bills are short-term (less than one year) debt instruments used by the apex bank to borrow money from the public on behalf of the federal government.
Looting, arrests follow South Africa’s anti-immigrant protests
Police were out in force for the protests, announcing Wednesday that most were peaceful but around 900 people were arrested over the day, some for looting.
APC retains Akpabio, 4 Govs for Senate race
By Omeiza Ajayi ABUJA: The ruling All Progressives Congress APC has retained Senate President Godswill Akpabio and several other ranking lawmakers among those whose nomination documents have been processed via the candidates’ nomination portal of the Independent National Electoral Commission INEC. Sources familiar with the exercise disclosed that Akpabio, Deputy Senate President Jibrin Barau, Senate […]
Power Debt Crisis: Atiku demands full audit of FG’s N501b bond interventions
Atiku asked why fresh interventions remained necessary if earlier ones had worked, and why creditors were disputing the government’s claim that the debts were substantially cleared.
Nigeria has moved from economic decline to stability, says Oyedele
By Inncent Anaba The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has said Nigeria has successfully moved from a period of economic decline and volatility to one of increasing stability, adding that the Federal Government is now focused on accelerating inclusive growth that delivers tangible benefits to citizens and businesses. […]
IMF raises concerns over unrecorded spending in Nigeria’s recent fiscal accounts
The IMF’s Resident Representative in Nigeria, Christian Ebeke, disclosed this on Wednesday during a meeting with business executives in Lagos.
