Rising debt servicing cost can impede growth – CBN
The Central Bank of Nigeria has expressed concern over the rising cost of debt service being incurred by the Federal Government. The CBN, in its
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NCAA to sanction airlines over N22b debts
Nigerian Civil Aviation Authority (NCAA) has concluded plans to embark on recovery of over N22 billion owed aviation agencies by indigenous carriers in the last
NIMASA D-G says re-establishment of national fleet imminent
Mr Bashir Jamoh, the Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), has reaffirmed the agency’s commitment to the establishment of a strong and sustainable
Analyst expresses concerns over rising inflation, increased public debt
• Projects economy to record headwinds in Q4 2020, Q1 2021 U.S. election outcome to influence financial markets, global oil prices Nigeria, Africa’s largest economy
BPE denies diverting N2.5 bn from PHCN to acquire property
The Bureau of Public Enterprises (BPE), says its officials did not divert N2.5 billion from Power Holding Company of Nigeria (PHCN) to buy property in Aso
EndSARS: Sanwo-Olu signs executive order to rebuild Lagos
Lagos State Governor, Babajide Sanwo-Olu, on Wednesday signed an executive order establishing the “Lagos State Rebuild Trust Fund´´ toward rebuilding the state. Signing the executive
Group tasks youths on peaceful coexistence, unity of Nigerians
The Inter-Faith Dialogue Forum for Peace (IDFP), has urged Nigerian youths to stand up and ensure unity and peaceful coexistence, which is paramount for sustainable
2021 proposed N6tn loans: PDP, APC clash over FG’s fresh plans, MAN demands caution
Buhari has insatiable appetite for loans, we’ll soon borrow from Togo – PDP Opposition party disturbed we’re succeeding where it failed, says APC The Peoples
Trump considers legal battle as Biden leads in US presidential election
Biden – 253; Trump – 213 •Candidate with 270 electoral college votes wins Democratic Presidential candidate, Joe Biden took significant strides towards winning the presidency
AMCON rejects Pan Ocean Oil’s settlement proposal
The Asset Management Corporation of Nigeria (AMCON) has rejected debt settlement terms proposed by an oil firm, Pan Ocean Oil Corporation Nigeria Limited. Pan Ocean’s
