Nigeria, Sub-Saharan African Countries’ Debts Rise by 550% to $200bn – Report

The total borrowing from the international debt markets by Nigeria and other countries in the sub-Saharan African countries has jumped

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Delta Govt. to Begin Construction of 30,000bpd Modular Refineries

The Delta State Government on Monday announced that it would commence the construction of three modular refineries with total crude

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Gov. Ugwuanyi assents 2018 budget of N103.5bn

Gov. Ifeanyi Ugwuanyi of Enugu State on Monday signed the 2018 budget of N103.5 billion into law. Signing the document

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Adeosun Urges IMF, World Bank to Label Tax Evasion, Malpractices By Multinationals As International Corrupt Practices

Nigeria’s Minister of Finance, Kemi Adeosun, has called for the designation of tax malpractices by Multinational Corporations in Nigeria and

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Power sector losing N24bn monthly to imported fuel – Fashola

The Nigerian electricity supply industry is losing an estimated N24bn monthly as a result of the importation of fuel such as diesel for alternative sources of energy, the Minister of Power, Works and Housing, Babatunde Fashola, has said.

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FG will expose tax debtors with bank account data — Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, has advised wealthy Nigerians to take advantage of the Voluntary Assets and Income Declaration Scheme to regularise their tax status and escape unsavoury consequences.

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Why Nigerians are not feeling impact of budget – Expert

The structure of Nigeria’s budget whereby huge amount of money is allocated to recurrent spending and debt servicing have been identified as major reasons why Nigerians are not feeling the impact of budgetary spending.

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FG won’t divert N2.4tn capital budget to fund elections –Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, has said the Federal Government’s 2018 capital budget of N2.4tn would be strictly deployed to fund infrastructural projects across the country, particularly the completion of ongoing projects.

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$2.5bn foreign borrowing’ll not increase total debt – DMO

The planned borrowing of $2.5bn from foreign sources will not increase the nation’s total debt commitment, the Debt Management Office

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Africa’s economy to pick up in 2018 – UN

Africa’s economy is expected to grow 3.5 per cent in 2018, an increase of 0.3 percentage points from 2017, a

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Leather Industry Can Create 700,000 Jobs – Minister

Nigeria can generate over 700,000 jobs from the leather industry, Minister of Science and Technology, Dr Ogbonnaya Onu, said on

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Osinbajo Inaugurates AfDB Country Office

Vice President Yemi Osinbajo on Thursday inaugurated the Country Office of the African Development Bank and hailed the banks $6bn

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JUST IN: Osinbajo, state govs meet on economic issues

Vice-President Yemi Osinbajo is currently presiding over the first National Economic Council meeting of the year. The meeting which started

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Inflation Rate Drops to 15.37% in December – NBS

The National Bureau of Statistics on Tuesday released the Consumer Price Index which measures inflation with the rate dropping from

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