Eurobonds account for a fifth of Nigeria’s $15.35bn in foreign debt
Eurobonds account for a fifth of Nigeria's $ in foreign debt EUROBONDS made up more than a fifth of Nigeria’s $ billion foreign debt portfolio as of September and…
FG disagree with Moody’s on Nigeria rate downgrading
FG disagree with Moody’s on Nigeria rate downgrading THE Federal Government has objected the latest Moody’s downgrade of Nigeria from a B1 stable to B2, saying it does not…
AfDB salutes Nigeria’s laudable efforts on economic recovery and diversification
AfDB salutes Nigeria’s laudable efforts on economic recovery and diversification NIGERIA’S House of Representatives has constituted a Tactical Committee on Economic Recession to guide innovative legislative actions by the…
CBN injects $195 million into forex market
CBN injects $195 million into forex market Central Bank of Nigeria (CBN) has said it had injected $195 million into the interbank foreign exchange market on Tuesday to meet…
AfDB strongly supports Nigerian Government’s economic recovery efforts
AfDB strongly supports Nigerian Government’s economic recovery efforts THE African Development Bank (AfDB) has refuted the statement that it has "called off loans to Nigeria", as reported in Reuters…
FIRS rakes in $50million from VAIDS in four months
FIRS rakes in $50million from VAIDS in four months CHAIRMAN Federal Inland Revenue Service (FIRS), Babatunde Fowler has said the Voluntary Assets and Income Declaration Scheme (VAIDS) has yielded…
IMF asks FG to eliminate tax holidays
IMF asks FG to eliminate tax holidays THE International Monetary Fund (IMF) has asked government to implement a reform to phase out tax holidays and increase taxes imposed on…
World Bank denies disagreeing with Adeosun on foreign borrowings
World Bank denies disagreeing with Adeosun on foreign borrowings THE World Bank Group, on Wednesday, denied that the Bank disagreed with Honourable Minister of Finance, Mrs. Kemi Adeosun, over…
Fitch: Nigerian Bank Eurobonds a Step to Easing FC Maturity Gaps
Fitch: Nigerian Bank Eurobonds a Step to Easing FC Maturity Gaps THE return of Nigerian banks to the international bond markets marks a small step towards reducing maturity mismatches…
Nigeria’s FX buffer rises to almost 3-year high $33.1bn on Oct 12 -CBN data
Nigeria's FX buffer rises to almost 3-year high $ on Oct 12 -CBN data NIGERIA’S foreign exchange reserves rose to the highest in almost three years as of Oct.…