AUGUST 30th, 2017
- Hits: 67
Nigeria’s External Debt May Hit N6.31tn in 2018
Following the move by the federal government to issue foreign bonds to refinance maturing naira-denominated treasury bills, Nigeria’s external debt has been estimated to increase by about 46per cent to N6.31 trillion ($20.6 billion) by the end of 2018.
AUGUST 29th 2017
- Hits: 70
PMB, Adeosun, Emefiele Meet Over Economy, Budget Performance
President Muhammadu Buhari yesterday met with the Minister of Finance, Mrs Kemi Adeosun, her Budget and National Planning counterpart, Senator Udoma Udo Udoma and governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, to deliberate on the state of the nation’s economy.
AUGUST 25th, 2017
- Hits: 91
BUHARI SIGNS EXTRADITION TREATY WITH UAE, OTHER PACTS TO CHECK GRAFT, BOOST ECONOMY
President Muhammadu Buhari Thursday in Abuja signed nine international agreements, including an extradition treaty with the United Arab Emirates (UAE), aimed at strengthening the anti-corruption war, boosting the economy and improving security in the country.
AUGUST 24th, 2017
- Hits: 79
Government to earn $8.75m from new 175,000bpd oil production
The Federal Government’s revenue drive has got a lift with additional $8.750 million or N2.668 billion to be derived from fresh 175,000 barrels of oil equivalent per day from Shell’s Gbaran-Ubie Phase 2.
AUGUST 23rd 2017
- Hits: 95
FG may adopt selective minimum wage increase –Osinbajo
Vice President Yemi Osinbajo says the Federal Government may consider increasing workers’ remuneration package, especially bonuses of certain government agencies, instead of increasing wages across board.
AUGUST 22nd, 2017
- Hits: 92
FG Spent N1.3trn On Capital Projects In 2016 – Osinbajo
Vice President Yemi Osinbajo hinted yesterday that the federal government spent N1.3 trillion on capital projects from the 2016 budget appropriation.
AUGUST 21st, 2017
- Hits: 85
Nigeria’s debt reaching critical levels — NEITI
ABUJA — The Nigeria Extractive Industries Transparency Initiative, NEITI, Sunday, expressed concern over Nigeria’s level of indebtedness, declaring that Nigeria’s debt in relation to revenues appears to have reached critical levels.