The Director-General of the Debt Management Office, Patience Oniha, on Thursday claimed that borrowing to finance…
Category: Business
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Shipowners, Ex-NIMASA DG Demand Probe Of $195m Fund
A former Director-General of the Nigeria Maritime Administration and Safety Agency, Temisan Omatseye and Ship Owners…
FAAC: Federal Govt, States And LGAs Share N590.546bn For February (See Details)
The sum of N590.546bn was shared as allocations between the Federal, State and Local Government Areas…
Massive Job Loss Looms As Forex Scarcity Bites Harder
Nigerians may lose their jobs following the lingering foreign exchange scarcity and the economic challenges facing…
NGX: Equity Capitalisation Drops To ₦25.46 As Investors Lose ₦16.56bn
Shareholders at the Nigerian stock market suffered a loss on Monday following the crash in equity…
NGX: FCMB, ETranzact, Fidelity Bank Leads Equity As Investors Splash ₦20.6bn On 2.4bn Shares
First City Monument Bank (FCMB) Group Plc, ETranzact International Plc, and Fidelity Bank Plc led equity…
Manufacturing Trade Deficit Hits N27.33tn In Two Years – NBS Report
Data from the National Bureau of Statistics, NBS, has revealed that the value of manufactured goods…
NGX: ETranzact Lead Trading As Investors Lose N38.02bn
ETranzact led the trading equities on Friday as investors at the Nigerian stock market lost N38.02…
Customs Backs CBN E-Invoicing Policy, Despite Protests
The Nigeria Customs Service (NSC) has supported Central Bank of Nigeria e-invoicing and e-valuation policy, which…
Buhari Govt Borrowed ₦6.64tn In 2021, Serviced Debt With ₦2.93tn – DMO
The Debt Management Office (DMO) has disclosed that the Nigerian Government borrowed ₦6.64 trillion in 2021…