Nigerian Breweries registers N100bn commercial paper on FMDQ exchange
The FMDQ Securities Exchange Limited (FMDQ Exchange) has officially announced the registration of Nigerian Breweries’ N100billion Commercial Paper (CP) on its platform. FMDQ in a
Author : Our Reporter
10% of fuel subsidy can improve transport system, says firm
Nigeria’s Indigenous tech-powered mobility company, Nairaxi has stated that 10 per cent of the current N6.4 trillion being spent on fuel subsidy could go a
21 ships discharge petroleum products, others at Lagos ports
The Nigerian Ports Authority (NPA) on Wednesday said 21 ships had arrived Lagos ports and were discharging petroleum products, bulk wheat, general cargo, frozen fish,
Axxela: Natural gas provides cost-effective energy
Natural gas provides a cost-effective and more-reliable alternative energy source to power Nigeria’s industrial rediscovery and meet its vast energy need. In its latest report
‘Why Nigeria must adopt floating exchange model to meet forex obligations’
The Nigerian government must urgently adopt a floating exchange rate model that can converge all six different rates in the market to tackle the lack
LCCI, NACCIMA urge FG to address crude oil theft, rising debt profile
The Organised Private Sector (OPS) has called on the Federal Government to address crude oil theft and other macroeconomic fundamentals to navigate the Nigerian economy
Why we’re not in hurry to resume Abuja-Kaduna train services – FG.
The Federal Government on Wednesday gave reasons why it is not in a hurry to resume train services on the Abuja-Kaduna corridor, adding that doing
Biden announces nearly $3 bn in Ukraine weapons aid
President Joe Biden announced nearly $3 billion in military aid to Kyiv on Wednesday — the biggest US package so far — to mark Ukraine’s
Stakeholders express concern as Nigeria’s debt hits $100 billion
Stakeholders at the African Conference on Debt and Development (AFCODD) have raised concerns about Nigeria’s rising debt profile as the country’s debt stock stood at
Nigeria urgently needs to increase revenue generation and collection – DMO
The Debt Management Office (DMO) says Nigeria needs to earn higher revenue and manage its debt profile more efficiently. The Director-General, Mrs Patience Oniha made
