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
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The sharp drop in oil prices, if sustained, is likely to pull down sovereign ratings of exporter countries with weaker finances and especially those with the added pressure of pegged exchange rates, rating agency Fitch said on Tuesday. Fitch’s top Middle East and Africa sovereign analyst Jan Friederich told Reuters that with the oil prices […]
Immigration opens new recruitment website
The Nigerian Immigration Service (NIS) has announced new application platform for fresh recruitment into the service. In a statement by the Immigration spokesperson, Sunday James, the NIS unveiled the new website for easier accessibility. Read the NIS statement below: RE: RECRUITMENT ADVERTISEMENT – CHANGE OF WEBSITE Sequel to the Recruitment Advertisement published by the Civil […]
‘Nigeria lost $3bn to gold smuggling in seven years’
Nigeria lost about $3bn (£2.4bn) from 97 tonnes of gold illegally smuggled out of the country in the seven years up to 2018, President Muhammadu Buhari has said. He made the disclosure on Thursday in his speech during the official presentation of gold bars produced thanks to a presidential initiative to help small-scale miners. The […]