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FG raises 141 bln naira in treasury at lower yields

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LAGOS, SEPTEMBER 22, 2016 - The federal government sold 140.88 billion naira ($448 million) worth of short-dated treasury bills at an auction on Wednesday attracting...

Nigeria’s Forcados oil exports to restart, October list published

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LONDON, SEPTEMBER 22, 2016 - Exports of Nigeria's Forcados crude stream oil are set to resume at the end of September for the first time...

Lafarge raises 60 bln naira in bond issues

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LAGOS, SEPTEMBER 22, 2016 - Lafarge Africa said on Thursday it has raised 60 billion naira ($184 million) by issuing three and five-year bonds through...

How states, LGs, FG shared N2.53trn in 7 months

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ABUJA, SEPTEMBER 22, 2016 - The federal, states and local governments have shared N2.53 trillion as proceeds of revenues from the Federation Account from...

Water scarcity in Sokoto caused by epileptic power supply – Board

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SOKOTO, SEPTEMBER 22, 2016 - Sokoto State Water Board on Thursday attributed current acute water scarcity in Sokoto and environs to epileptic power supply. Alhaji...

INEC orders nationwide PVCs distribution

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ABUJA, SEPTEMBER 22, 2016 - The Independent National Electoral Commission (INEC) on Wednesday said it had directed its states’ offices to begin the distribution...

Kano fails to pay salary, protest looms

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The failure of Kano State Government to pay salaries to some civil servants may soon trigger some protest by civil servants. The jittery government of...

Buhari says would welcome U.N. help in negotiating Chibok girls’ release

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ABUJA, SEPTEMBER 22, 2016- President Muhammadu said on Thursday he would be open to U.N. bodies coming in to act as intermediaries in any...

IBM to partner Nigerian firms on IT Infrastructure development

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LAGOS, SEPTEMBER 22, 2016 - A United States-based Multinational Technology Company, International Business Machines Corporation (IBM) has disclosed plans to partner with some Information...

Pele arrives in Nigeria today

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LAGOS, SEPTEMBER 22, 2016 - Three-time FIFA World Cup winner, Edson Arantes do Nascimento, popularly known as Pele, is expected to arrive in Nigeria...