NIGERIA’s total public debt stock rose from N41.60trillion (100.07 billion dollars) in March to N42.84trillion (103.31 billion dollars) in June. The Debt Management Office (DMO), led by Patience Oniha, provided the figure in a statement on Tuesday. The total debt…
THE director general of the Budget Office of the Federation, Mr Ben Akabueze has said, there is a need for urgent and decisive measures the country must take to avert the public debt crisis among which is the removal of…
THE Managing Director of a Kaduna-based agribusiness, ECOBasic Seeds Company Limited, Brighton Karume, said the insecurity bedevilling the north-western region is hampering the organisation’s efforts in meeting its target of providing seedlings for farmers in the region. If not brought…
THE group chief executive officer of the Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari, has said that the Nigeria-Morocco Gas Pipeline Project will create wealth, and improve the standard of living of countries within the African region. Speaking yesterday…
THE Nigerian Civil Aviation Authority (NCAA) has suspended the Air Transport Licence (ATL) of Azman Air over its failure to remit N1. 2billion funds collected from air travelers on its behalf to its coffers. However, the chairman, Azman Air, Abdulmunaf…
PRESIDENT Muhammadu Buhari has applauded the Central Bank of Nigeria (CBN) for effectively ensuring financial system stability in the country over the years. President Buhari made the commendation yesterday at the 15th Annual Banking & Finance Conference of the Chartered…
THE Federal Government has suspended its proposed excise duty on telecommunication services. The Minister of Communications and Digital Economy, Isa Pantami announced this on Monday during the inaugural meeting of the Presidential Committee on Excise Duty for the Digital Economy…
THE Director, Turner & Townsend, Austria, Bruce Haswell has said that Lagos is the most expensive place to build in Africa at $2,056 per m2, comparing to Kampala for less than half of this per square meter. He stated this…
NIGERIA is set to host the 16th edition of African Cashew Alliance Conference, the president, National Cashew Association of Nigeria (NCAN), Mr Joseph Ajanaku has said. The annual conference with the theme; “Strengthening Sustainable Kernel And By-Products Marketing In The…
(), a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers to have virtual international bank accounts for free and…
