Nigeria’s debt stock hits N24.387tr, says DMO

Nigeria’s total debt profile as at December 31 last year, stood at N24.387trillion or $79.437billion, according to official figures. Director-General of the Debt Management Office (DMO), Mrs Patience Oniha, made the disclosure... Read more »

Forex Intervention: CBN injects $247.8m, CNY 34.8m into retail SMIS

The Central Bank of Nigeria (CBN) on Friday, April 5, 2019, made an intervention of $247.8million in the retail Secondary Market Intervention Sales (SMIS) and CNY 34.8million in the spot and shorttenored... Read more »

2019 guber polls tally: APC 15 states, PDP 14

The governorship elections of March 9 have now been officially concluded, nearly a month after voters first headed to the poll. Following a rash of supplementary polls, the final collation came in Rivers State... Read more »

David Malpass emerges World Bank’s 13th President

The Executive Directors of the World Bank on Friday unanimously selected David Malpass as President of the World Bank Group for a five-year term beginning on Tuesday, April 9, 2019. The Board... Read more »

Okorocha fails in bid to secure court order against INEC

The embattled governor of Imo State, Owelle Rochas Okorocha has failed in his bid to secure a court order directing INEC to issue him a Certificate of Return as the Senator-elect for... Read more »

Suspended CJN Onnoghen resigns

The suspended Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, has resigned from office. A senior lawyer in suspended CJN’s defence team in his trial at the Code of Conduct Tribunal (CCT)... Read more »

No food insecurity in Nigeria, Buhari’s support group tells UN

The Buhari Media Organisation (BMO) has dismissed UN report that Nigeria is among countries suffering food insecurity in the world. The organization said in a statement in Abuja on Thursday that the... Read more »

Nigeria attracted $6bn FDI in 3 months, says CBN

The Central Bank of Nigeria (CBN) has disclosed the country attracted $6 billion foreign investments in the first three months of the year. Speaking with journalists at the end of the Bankers... Read more »

Oil exploration in North continues, says Baru

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has disclosed that oil exploration in the North will continue until it is found. Baru said this would... Read more »

Only 1 of 100 graduates get job in Nigeria, says SMEDAN DG

The Director General of Small and Medium Enterprises Development Agency (SMEDAN), Dr. Dikko Umaru Radda has lamented that unemployment in Nigeria has reached a crisis situation, with only one out of every... Read more »
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