Business

In a statement made available to our correspondent in Abuja on Tuesday, the  DMO said the total public debt stock comprising the Federal Government, the 36 states and the Federal Capital Territory, stood at N20.37tn as of September 30.
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The Ministry of Mines and Steel Development has spent N700 million to develop Web Portal to improve ‘Ease-of-Doing-Business’ in the mining sector.
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Oil prices hit their highest levels early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests. Brent futures, the…
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The Minister of Finance, Mrs. Kemi Adeosun, has explained that the federal government is not desirous of borrowing fresh loans, but seeking to refinance what is known as legacy or inherited debts.
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Crude oil price rose towards $59 per barrel wednesday to sustain Tuesday’s rallies where it gained one per cent after the Saudi Energy Minister, Khalid al-Falih, said the focus remained on reducing oil stocks in industrialised countries to…
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Accountant-General of the Federation, Mr Ahmed Idris, said the Federal Government, States and Local Governments shared N558.082 billion in October compared to N637.704 shared in September. Idris made this known at the end of the monthly…
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President Muhamadu Buhari on Tuesday in Niamey, Republic of Niger, urged member countries of the Economic Community of West African States to to tread carefully in pushing for a single currency in the sub-region by 2020. He cited the…
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There seems to be no end in sight to the downward operational performance of Nigeria’s refineries since the beginning of 2017 despite several interventions made to reinvigorate the facilities by the Nigerian National Petroleum Corporation.
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Minister of State for Budget and National Planning, Mrs Zainab Ahmed, says the Federal Government is on course to presenting the 2018 budget proposal to the National Assembly in October. Ahmed said this at a news conference at the end of…
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Nigeria Labour Congress (NLC), on Friday, picketed the offices of Abuja Environmental Protection Board (AEPB) and telecommunications giant, MTN, for allegedly engaging in casualisation of workers and denying them their privileges.
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