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CBN Director, Corporate Communications, Isaac Okorafor, said the sale in the Chinese Yuan was done through a combination of Spot and Short-tenored Forwards.
The bureau’s “Nigerian Domestic and Foreign Debt’’ Q2 2018 report released in Abuja, said the country’s domestic debt stood at N3.48trillion.
The Director-General of the Bureau of Public Enterprises, Alex Okoh, said on Thursday in Abuja that the payments were approved by the National Council on Privatisation, chaired by Vice President Yemi Osinbajo.
The long-running case revolves around the 2011 purchase by Italian oil company Eni and Anglo-Dutch peer Royal Dutch Shell of Nigeria’s OPL 245 offshore oilfield for about $1.3 billion
The party said in a statement on Thursday that President Muhammadu Buhari should speak out on this act of corruption under his watch, particularly following allegations that funds released for the phantom project were diverted to finance…
Adebisi told newsmen on Thursday in Keffi, Nasarawa State that the grant by the World Bank would be disbursed to the NBS through the National social Safety Net Coordinating Office.
The Nigerian Investment Promotion Commission has released the report of investment profile of 45.74 billion dollars for 42 projects in nine states and the Federal Capital Territory in the first half of 2018.
The Minister of Mines and Steel Development, Alhaji Abubakar Bwari, says for the Federal Government to provide the enabling environment for business to thrive, it must look at the untapped potential of geothermal energy.
The minister had alleged that the Dickson led administration had incurred the N800 billion domestic and 216 million dollars external from 2012 till date in spite of getting over N1.2 trillion from the federation account for the same period.
The Statistician General of the Federation, Yemi Kale, says the National Bureau of Statistics will commence the Nigeria Living Standard Survey from September 27.
The Chairman of AON, Capt. Nogie Meggisson, said that the move was in response to cries for reason put forward by the operators.
The General Manager, Public Relations, NCAA, Sam Adurogboye, who confirmed the development in said on Thursday in Lagos that defaulting airlines would face severe sanctions.
Terver Akase, the governor’s Chief Press Secretary, stated this in a statement on Thursday in Makurdi.
Some stakeholders on Thursday urged the Federal Government to allow private investors’ full operation of the power sector in order to boost effectiveness and enhance economic growth.