Nigeria spent N3.1trn on domestic debt servicing in Q1 – DMO
The Debt Management Office, DMO, has said the federal government spent N3.14 trillion on servicing its domestic debt in the first quarter (Q1) of 2026.
Viju Pulp milk gets experts endorsement
Food Technology experts in the country has identified the health benefits of the newly introduced viju pulp drink, saying that the product, because of its low sugar content, will help bring about a reduction in the risks of diabetes in adults.
Promasidor to build water treatment plant for community
Promasidor Nigeria Limited, makers of Cowbell milk, has pledged to build a water treatment plant and review its scholarship scheme for the Isolo community.
Banks should tie more employees’ pay to risk-Fed
Large banks need to tie more employees’ compensation to the risks their decisions pose to their institutions, through such things as deferred pay, the Federal Reserve said in a report released on Wednesday.
IMF warns countries may need to reverse budget cuts
Europe’s stronger economies should avoid imposing drastic budget cuts at the expense of growth, a report by the International Monetary Fund has said.
AAAN Commends Etisalat’s support to LAIF AwardsThe Executive Board of the
Association of Advertising Agencies of Nigeria (AAAN) has commended Etisalat Nigeria for its support and contributions towards the success of the 2011 edition of LAIF Awards.
Fuel subsidy: Finally! Government shows courage
FINALLY! The Federal Government has exhibited single minded determination regarding the removal of fuel subsidy, a programme that has occupied national discourse in the last 19 years – with government going back and forth and organised Labour playing to the gallery at every opportune moment.
Single window contract was a fraud – Amiwero
THE President of the National Council of Managing Directors of Licensed Customs Agents, NCMDLCA Mr Lucky Amiwero said that the proposed Single Window Technologies for easy clearance of cargoes at the ports was a fraud against the nation’s economy.
NIMAREX Cmtee decries exclusion of Nigerians from 12bn fuel imports
THE Committee on the Nigerian Maritime Exposition, NIMAREX 2012 has decried the non participation of indigenous maritime operators in the importation of over 12billion liters of petroleum products annually.
NIMASA, IMO plan response to pirates’ attack
THE Federal Government through the Nigerian Maritime Administration and Safety Agency, NIMASA, and the International Maritime Organisation, IMO are currently working out plans to tackle the menace of pirate attacks against vessels in the Nigeria territorial waters.
Stakeholders parley on financial sector risks
Stakeholders in the Nigerian financial sector led by the Central Bank of Nigeria, CBN, Access Bank Plc, multinational financial and investment firms such as Goldman Sachs, Deutsche Bank, Citi Bank, Morgan Stanley, J P Morgan Chase among others, will be brainstorming on ways to curb the incidences of liquidity risk, foreign exchange risks and counter party risks on the Nigerian financial sector.
