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Nigeria’s Debt At $48.5bn Worrisome

Chief As Nigerian’s total debt hits $48.49 billion, more concerns are being raised over the rising level of the country’s debt, both home and abroad. Currently, Nigeria’s external debt stock stands…

Budget: Oyo House Okays N159.6 Bn

The Oyo State House of Assembly on Tuesday in Ibadan approved the sum of  N159.6 billion as the budget for 2013 fiscal year. The News Agency of Nigeria (NAN) reports that…

Nigeria, France Trade Volume Hits $7bn – Envoy

Trade between Nigeria and France currently stands at $7 billion, Nigeria’s envoy to France, Amb. Akin Fayomi, has said.

Fayomi, who spoke with the Western…

World Bank Commits $300m To Poverty Reduction

The World Bank has concluded arrangements to commit the sum of $300 million credit to Nigeria, to tackle poverty particularly among the vulnerable. To this end, the Board of the Bank…

FG Releases N400b For First Quarter

The Federal Government on Thursday in Abuja released N400 billion first quarter allocations for capital expenditure in the 2013 budget. This is contained in a statement signed by Mr Paul Nwabuikwu,…

FAAC: FG, States, LG Share N886bn For February

The Federation Account Allocation Committee (FAAC) on Thursday in Abuja shared  N886.402 billion to the three tiers of government for the month of February. The Minister of State for Finance, Dr…

Nasarawa Assembly Passes N110bn Appropriation Bill For 2013

The Nasarawa State House of Assembly on Wednesday passed the state's 2013 appropriation bill of N110 billion into law.

The Majority Leader of the House,…

Security Tribunal Critical To Growth, Smooth Operation Of Capital Market – Minister

The Minister of State for Finance, Dr Yerima Ngama, on Monday said the Investments and Securities Tribunal (IST) was critical to the growth and smooth operation of the capital market. Ngama,…

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