Nigeria’s Parliament to probe state oil company over ‘under-remittances’
Nigerian lawmakers of the lower house on Tuesday voted a motion to investigate state oil firm over ‘insufficient’ remittances to government coffers. The move comes […]
Kemi Adeosun
Nigeria Has not Applied for IMF Assistance, Finance Minister
Nigeria’s Finance Minister, Kemi Adeosun said over the weekend that the West African nation has not applied for financial assistance from the International Monetary Fund […]
Nigeria: Gov’t to chase 23,000 ghosts on payroll
Nigerian Minister of Finance, Kemi Adeosun on Thursday said 23,000 ghost workers unraveled in the Federal Civil Service in the West-African nation would be handed […]
Nigeria needs $1 bln budget support loan from AfDB
The African Development Bank (AfDB) on Tuesday said the federal government of Nigeria had requested a ‘Budget Support Loan’ of $1 billion to enable it […]
Nigeria plans up to $5bn Eurobond in 2016
Nigerian Federal Government plans to borrow up to $5 billion in 2016, from multiple sources, including the Eurobond market, to plug its deficit as the […]
IMF’s Lagarde visits Nigeria
The Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde starts a four-day working visit to Nigeria on Monday. The international lender said […]
Nigeria: Ex-Banker Appointed Finance Minister
Five months after taking office in Africa’s largest economy and biggest oil exporter, Nigerian President Muhammadu Buhari named former investment banker, Kemi Adeosun, to take […]