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FG issues N59.53 billion in August bond auction – DMO

The Debt Management Office (DMO) on Wednesday, issued N59.53 billion Federal Government bonds for the three tenors it offered to various investors who subscribed at the auction.

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Seme - Mile 2 road

Failed Seme – Mile 2 road: Nigerians transport goods from Cotonou through Northern Benin Republic

FOLLOWING the collapse of the Seme – Mile 2 expressway in Lagos, Nigerian importers who patronise Cotonou port in the Benin Republic have resorted to trucking their consignments through the northern Benin Republic before entering into Nigeria and then truck to the southern and other parts of the country. The distance covered on this new route is more than 2000 kilometres instead of the less than 300 kilometres covered through the Seme border.

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