archiveMay 11, 2017

At an auction on Wednesday, the federal government raised N110 billion worth of bonds to mature in 2021, 2027 and 2037. The bond obtained from its website of the Debt Management Office (DMO) shows that fewer bonds were sold at the auction than the N140 billion anticipated. It also said...

The Managing Director, Oando Plc, Mr Wale Tinubu on Thursday said that the company would seek approval from the Federal Government for the refurbishment of one or two refineries to end fuel importation in the country. Oando boss broke the good news at the Facts behind the Figures presentation of...

The National Assembly onThursday, for the first time, published the details of its budget, beginning with the 2017 budget, to underscore transparency as earlier promised by the President of the 8th Senate, Dr. Bukola Saraki. Revealing to newsmen on Thursday, Senate President, Bukola Saraki, in a series of tweets, said...

...We support him as Acting President The Northern Elders Forum (NEF) on Thursday urged Acting President Yemi Osinbajo to ignore mischief makers seeking to pitch him against President Muhammadu Buhari and the Northern people, stressing that they were totally in support of him as the Acting President. Speaking with newsmen,...

The National Assembly (NASS) on Thursday passed Nigeria’s 2017 N7.44 trillion naira ($24.4 billion) budget. The lawmakers said the passage of the budget was to finally end recession in the country, the first after another in 25 years in the country. AP reports quoting Senate President Bukola Saraki to the...

The Federal Ministry of Finance has released details of the N1.2 trillion capital releases made in the 2016 Budget as it now closes. In consequence, the Federal Government is said to have increased focus on capital expenditure going by its policy, thus the following releases were made: Power, Works and...

‎ A former governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, has said the CBN’s official exchange rate of N306 to the dollar has become redundant. Soludo who said this on Wednesday in a keynote address he presented at the eight annual Pan-Africa Investor Conference organised by...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 3.18 per cent, while the year-to-date return stood at 5.76 per cent. The All-Share Index closed at 28,423.70 against the previous close of 27,546.68 while Market Capitalization closed at ₦9.825 trillion against previous close of ₦9.522...

Acting President Yemi Osinbajo, SAN, has stated that President Muhammadu Buhari knows Nigeria's capacity is limitless in terms of what we can produce, even as he disclosed that in his relationship with the President in the last two years, he has been treating him more like a brother and a...