…Naira will become stronger once Refinery starts production The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery, upon which the hope of the…
Read More Dangote’s 650,000bpd Refinery 97% Completed, says NMDPRA
The government also plans to refinance domestic debt obligations that are due this year and next, while the country’s 20 trillion naira ($45.4 billion) in outstanding borrowings from the central…
Read More Nigeria exploring debt restructuring, says Zainab Ahmed
Our reporter| Kaduna state governor, Nasir El-Rufai on Thursday said the Federal Government has failed in the oil and gas business and should get out of the sector. El –…
Read More FG should get out of oil & gas, they have failed – El-Rufai
Our reporter| The federal government is considering tapping into the newly created fund by the International Monetary Fund (IMF), minister of finance and budget planning, Zainab Ahmed has said. Ahmed,…
Read More FG considering additional borrowing from IMF
Our reporter| The World Bank has debarred five Nigerian firms and individuals for engaging in corrupt practices. The bank also ratified the action of the African Development Bank (AfDB) which…
Read More World Bank blacklists seven Nigerian companies, individuals over corruption