PZ Cussons Nigeria Plc has declared its intention to turn a $34.26 million intercompany loan from PZ Cussons Holdings (PZCH), its parent company domiciled in the UK, into stock. Key ...
Over the next three years, the Federal Government intends to devote a larger percentage of its budget to debt servicing than to capital expenditures. The newly authorised 2025–2027 Medium-Term Expenditure ...
In the most recent Nigerian Treasury Bills auction, the Federal Government, acting through the Central Bank of Nigeria, raised a total of N284.26 billion. This came when its T-Bill obligations ...
With a 24.99 percent increase in just three months, Nigeria's overall public debt has risen to N121.67 trillion, according to the Debt Management Office. This increased amount is based on ...
The Federal Government says it has procured 50,000 prepaid electricity meters to be installed in military barracks and establishments across the country. The Minister of Power, Adebayo Adelabu, disclosed this ...
The Minister of Power, Adebayo Adelabu, has disclosed that the Federal Government would start paying part of the debts it owes power generating companies and gas suppliers from April. Adelabu ...
The Federal Government is now implementing measures to significantly reduce the cost of Liquefied Petroleum Gas, popularly called cooking gas, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, ...
The Central Bank of Nigeria has paid $2bn to clear a part of its backlog of matured foreign exchange obligations to the Deposit Money Banks. Reports have put CBN’s forward ...
It's difficult to get out of debt. Sometimes it takes everything you've got to pay your bills on time and put money away for an emergency. However, if you just ...
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