3 days ago
One of the reasons socialist French President – Hollande – declined from contesting for second term was that he wasn’t sure of facing a virtual opponent with great knowledge of how it operates: the financial world.
Three months after regulators quietly approved an increment in fuel prices, following claims by marketers that they can no longer sustain operations and sell at the regulated price of N165 per litre...
Vice President Yemi Osinbajo has proposed a Debt-For-Climate (DFC) Swap deal that could significantly advance global net-zero emission targets, facilitate energy access and develop African countries.
David Adonri, an economist and Vice Chairman of Highcap Securities Limited, is a strong advocate of fiscal discipline and a lean government.
22 Oct 2021
Notwithstanding the economic recovery recorded in the sub-Saharan Africa region, as well as the modest growth projections for the remaining part of 2021 and 2022, the International Monetary Fund
8 Oct 2021
President Muhammadu Buhari, yesterday, before a joint session of the National Assembly, unveiled a record N16.39 trillion ‘‘Budget of Economic Growth and Sustainability’’ for 2022...
25 Jul 2021
The new Petroleum Industry Bill states that oil-producing communities should be allocated three per cent of the profits made from oil proceeds.
31 May 2021
The recent approval of two fresh foreign loans of $1.5 billion and €995 million respectively, by the Senate has raised a lot of concerns among many stakeholders in the country.
8 Nov 2020
82.9 Million Nigerians Currently Live Below Poverty Line— ActionAid Lead Director of the Centre for Social Justice (CSJ), Mr. Eze Onyekpere, has said Nigeria is broke and is borrowing money to service old debts. Speaking at a two-day National Summit on Tax and Development, organised by ActionAid Nigeria, in Abuja, Onyekpere said continued borrowing to…
21 Aug 2020
I welcome the House of Representatives decision to probe the $400 million Chinese loan. But the probe appears to primarily focus on the sovereign clause in the loan agreement.
14 Jun 2020
The Abuja Municipal Area Council (AMAC) in the Federal Capital Territory (FCT) is currently owing local contractors over N12b debts
15 Apr 2020
Travel agencies in the country are on the verge of being thrown into heavy debts as customers continue to press for the refund of unused tickets, though the requests are being declined by many foreign airlines.