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Category: Economy

Economy

Foreign investors seek 7% yield on Nigeria’s Eurobond

Iheanyi Ejiofor February 9, 2017 headline

With agency report Foreign investors attending the federal government’s international road show on the upcoming $1 billion Eurobond are seeking interest rate (yield) of above seven percent on the bond.…

Read More Foreign investors seek 7% yield on Nigeria’s Eurobond
Economy

Rotimi Amechi lied to Nigerians- Senate

Iheanyi Ejiofor February 8, 2017 headline

Chidi Samuel The Senate on Wednesday refuted the claims by Mr Rotimi Amaechi, the Minister of Transport that the National Assembly was yet to approve loans that would be used…

Read More Rotimi Amechi lied to Nigerians- Senate
Economy

We have $220m stuck in Nigeria, Egypt, says Ethopian Airlines

Iheanyi Ejiofor February 8, 2017 headline

Ethopian Airlines says it has not been able to repatriate about $220m from Nigeria, Egypt and some African countries. The airline attributed this development to foreign exchange shortages in the…

Read More We have $220m stuck in Nigeria, Egypt, says Ethopian Airlines
Economy

Nigeria plans to salvage economy

Iheanyi Ejiofor February 7, 2017 headline

Nigeria has set new measures on the platform of Economic Recovery and Growth Plan (ERGP) to recover the economy from recession. Budget and National Planning minister Udo Udoma announced the…

Read More Nigeria plans to salvage economy
Economy

Power sector privatisation, a national fraud – Saraki

Iheanyi Ejiofor February 7, 2017 headline

Chidi Samuel Senate President Bukola Saraki on Tuesday called out the regime of former President Goodluck Jonathan for the way and manner it handled the privatisation of the power sector.…

Read More Power sector privatisation, a national fraud – Saraki

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