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Akpobolokemi ballooned budget to embezzle NIMASA’s N687.2m, witness alleges

…As DMO says Investors bid N234bn for N150bn bonds offer*** A prosecution witness, Mr Ekene Nwakuche, has told an...

$165m Blue Water Estate berths in Lagos

…FG to issue N150bn bond Feb 20*** A Real estate firm Elalan Group and a leading pan-African investment firm with...

Arms deal: FG yet to probe Buhari’s NSA, minister

…As Nigeria spends N5.468tr on debt servicing in 39 months*** Over two years after they were recommended for probe,...

FG’s mounting debt, counterproductive to economic growth- NECA

…As FAAN Boss says new airports terminals cost effective*** The Nigeria Employers’ Consultative Association (NECA) on Tuesday warned that Nigeria’s...

Level of liquidity may be responsible for dwindling bonds subscription- DMO

…As Crisis rocks NASSI, members sack DG over alleged fraud*** Bonds auction results in the past few months for...

Oil marketers order shutdown of depots over N800b subsidy debts

...As Appeal Court nullifies conviction of Shell MD, others*** DEPOT and Petroleum Products Marketing Association (DAPPMA) yesterday directed its members to shutdown services as from...

N800bn subsidy debts: Oil marketers beg FG for urgent settlement

...As Society of Engineers urged for NSE inclusion in charting Nigeria's technological revolution*** Over burden excruciating pains of debts, the nation's Oil marketers on...

August bond auction oversubscribed by N10.09bn – says DMO

…As MTN seals N200b deal with 12 lenders*** The  Debt Management Office (DMO) said the Federal Government’s bond auction for August conducted on Wednesday was oversubscribed by...

NNPC, investors to relocate refinery from Turkey to Nigeria

…As Nigeria borrows N2.75tn in one year*** The Nigerian National Petroleum Corporation on Tuesday announced plans to establish a 100,000-barrels-per-day brownfield refinery each in Port...

Stocks on NSE extend losing streak by 0.19%

...As DMO says FG is offering N90bn subscription bond by auction for Aug. 15*** Stocks on Nigerian Stocks Exchange (NSE) extended their losing streak on...
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