Nigeria’s total public debt rose to 26.21 trillion naira ($85.54 bln) as of September, up from 22.43 trillion naira a year earlier, the Debt Management Office said on Friday. $1 = 306.40 naira, Reuters
By Foster Obi The Managing Director of the Nigerian Ports Authority (NPA), yesterday played host to the Inter-Ministerial Sub Committee for the Implementation of a Work Plan of Action on Haulage Operations in Nigeria in the Organisation’s Corporate Headquarters in Lagos. Picture shows, the representative of the Managing Director, Nigerian Ports Authority, the Executive Director, […]
Former President Olusegun Obasanjo has said Nigeria risks impending bankruptcy over the continuous accumulation of debt by the government. Obasanjo said things might get worse economically as Nigeria, as well as other African countries, kept piling up debts, saying he was worried for the future generations who would have to pay such loans. The ex-President […]
Emirates Group, the international aviation holding company of Investment Corporation of Dubai, has announced a $670 million profit for the financial year ending March 31, 2017, representing 70 per cent increase as against last year’s record profit. For 29th consecutive years, the group has made profit and steady business expansion despite a turbulent year for […]
