Exclusive articles:
FG intends to use bonds and promissory notes to pay off its N1.7 trillion energy debt
By issuing bonds and promissory notes, the Federal Government of Nigeria intends to pay off around N1.7 trillion in outstanding electrical debt.
This strategy is...
FG is considering a new N7.24 trillion loan to stabilize the economy
In 2024, the Nigerian government intends to take out a further N7.24 trillion in loans to finance an intervention plan intended to boost the...
Naira Remains Stable Across FX Markets, Dollar Sales Increase by 94.46%
Dollar sales at the official market increased by 94.46 percent on Tuesday, marking a notable uptick. The value of the naira remained stable on...
FX turnover plummets by 42.92% on June’s first trading day
On Monday, June 3, 2024, the official foreign currency (FX) market in Nigeria had a sharp decline in turnover, plunging by 42.92%.
On the opening...
FG seeks $7 billion in foreign direct investment from the oil industry – Wale Edun
The country's economy is expected to be boosted by a $7 billion Foreign Direct Investment (FDI) in the oil sector, according to Wale Edun,...
