An Abuja High Court has again reaffirmed the bail granted former National Security Adviseer, Colonel Sambi Dasuki and five others in the arm deal trial involving $2.1bn.
Prof. Uche Uwaleke of Nasarawa State University, said the increase in crude oil price benchmark for 2017 Budget as proposed by the Senate would reduce the N2 trillion deficit in the Appropriation Bill.
The Minister of Transportation, Rotimi Amaechi, has appealed to the National Assembly to approve the $30bn loan request by President Muhammadu Buhari. Amaechi made the appeal during the Second Presidential Business Forum, which was presided over by Vice President, Yemi Osinbajo at the Presidential Villa, Abuja, on Monday.
Nigeria plans to raise around 242 billion naira ($772 million) in short-dated treasury bills at an auction on Feb. 1, the central bank said on Tuesday.
The Nigerian Senate has read a letter sent to it by President Muhammadu Buhari re-nominating Mr Ibrahim Magu, as the substantive Chairman of the Economic and Financial Crimes Commission (EFCC).
Nigeria’s foreign exchange reserves rose 8.9 percent to $27.49 billion by Jan. 20 from a month ago, climbing to the highest level since April, central bank data showed on Tuesday.
Standard & Poor’s downgraded Rolls-Royce Holdings Plc’s credit rating to three levels above junk after factoring in 670 million pounds ($836 million) in fines for bribery and corruption charges.
Poor countries are allowed to import generic medicines, World Trade Organization (WTO) Director General Roberto Azevedo told Reuters on Monday, after the required two-thirds of members agreed a deal that has taken more than a decade to finalise.
A new row is brewing between Kenyan banks and parliament after a lawmaker proposed placing restrictions on deposits by state-owned companies, months after the state imposed a cap on lending rates.
The United States has an economic advantage that is is the envy of the world. Inventors flock to the United States, like nowhere else.