BUSINESS
Nigeria Reaching Maximum Capacity To Borrow, Says El- Rufai
Governor Nasir El-Rufai of Kaduna State has revealed that the country is about reaching its maximum capacity to borrow, hence the need to improve...
FG To Sell Afam Power Plant For N105 Billion
The federal government will realise the sum of N105 billion from the privatisation of Afam Power Plant. The Director-General of the Bureau of Public...
Nigeria’s Debt To Hit N38 Trillion Next Year – Finance Minister
Zainab Ahmed, the minister of finance, budget and national planning, has projected that Nigeria’s debt profile would hit N38.68 trillion by December 2021. Speaking when...
FG Seeks Fresh $1.2 Billion Loan From Brazil
The Federal Government is seeking a $ 1 .2 bn external borrowing from Brazil to finance agricultural programmes in the 2021 budget. A request...
Nigerian Refineries Damaged Beyond Turnaround Maintenance – NNPC
The Nigerian National Petroleum Corporation (NNPC) yesterday attributed the prolonged neglect of overhauling the refineries in the country to the delay in making them...
US Oppose Okonjo-Iweala’s Election As WTO DG, Give Reasons
The United States has explained why it is against the election of Ngozi Okonjo-Iweala as the next director-general of the World Trade Organisation (WTO). In...
FG Rejects Proposal To Fix Ports’ Scanners With N753m
There is an indication that the five faulty scanners at the Apapa ports have been abandoned as the Federal Government rejects proposal to repair...
Banks Lose Over N1bn As Hoodlums Wreck ATMs, Branches
Deposit Money Banks (DMBs) in the country likely lost over a billion naira, last week, to the destruction of their facilities across the country...
Ban Tomato Importation, Dangote Tells FG
The Managing Director of Dangote Tomato Processing plant in Kadawa, Kano State, Abdulkarim Kaita has on Thursday called on the Federal government to ban...
I Won’t Sign 2021 Budget If Provision For Victims Of Police Brutality Is Excluded – Gbajabiamila
The Speaker of the House of Representatives, Femi Gbajabiamila, has disclosed that he will not sign the 2021 budget if provision for compensation to...
