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The Minister of Transportation, Mr Rotimi Amaechi, has said that Nigeria is already repaying China loans. Amaechi stated this when he appeared on a live television...
The Nigeria National Petroleum Corporation (NNPC) has dismissed the reports on missing 48 million barrels of crude. There were reports that senior NNPC officials sold 48...
The Minister of Transportation, Mr. Rotimi Amaechi, has said if Nigeria defaults on loans repayment, China has the right to take over those assets and run...
Nigeria is awaiting the return of $200 million from The Netherlands and Switzerland, as part of OPL 245 Malabu Oil. Minister of Justice Abubakar Malami, made...
The Federal Government on Thursday said it had identified oil and non-oil initiatives that could help the country generate between N13tn to N18tn and achieve its...
The federal government intends to borrow N4.28 trillion in 2021 to fund its budget deficit. This is according to the 2021-2023 medium-term expenditure framework (MTEF) and...
The country’s foreign reserves fell by $454.05m from $36.57bn on June 1 to $36.12bn on July 15, the latest figures from the Central Bank of Nigeria...
The African Development Bank Group, AfDB has appointed Rabah Arezki as Chief Economist and Vice President, Economic Governance and Knowledge Management. The appointment takes effect from...
Guidelines on the Global Standing Instruction (GSI) issued by the Central Bank of Nigeria, has granted banks the right to seize loan defaulters’ money in other...
Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala, has advised governments across the world to be more transparent and accountable amid the coronavirus pandemic. She observed that many...