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The Nigeria Ports Authority (NPA), the Nigeria Customs Service (NCS) and three other agencies have been accused of illegal auction of Federal Government properties. 

Reps Summon Aregbesola, NIS Boss Over Passport Contracts

The House of Representatives’ Committee on Public Accounts has scolded the Nigerian Immigration Service for engaging consultants to manage visa and passport-related matters at Nigerian missions across the world. Consequently, the committee summoned the Minister of Interior, Rauf Aregbesola; the Permanent Secretary,
December 20, 2021

Dine by night – free entry to Expo 2020 Dubai

Book over 20 participating outlets and entry is free after 20:30 Jubilee Mixology, a rooftop bar with views over Al Wasl Dome DUBAI,UAE, 17 December 2021 /African Media Agency (AMA)/ – Savor the delights of Expo 2020, by night, with a limited-time offer.
December 17, 2021
DMO

DMO Offers 10-Year N250bn Sukuk For Subscription

The Debt Management Office (DMO) has disclosed that it is offering a 10-year N250 billion road Sukuk instrument at a rental rate of 12.80 percent per annum, payable half-yearly. The offer at N1,000 per unit is subject to a minimum subscription of
December 17, 2021
Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

World Bank Rolls Out N329.53bn Cash Transfer Programme In Nigeria

The World Bank is rolling out an $800m (N329.53bn at official exchange rate) facility designed to fund a large-scale Conditional Cash Transfer programme in Nigeria. The Nigeria Governors’ Forum disclosed this in its 36th teleconference meeting communique released on Thursday. It said
December 17, 2021
Nigeria's public debt

FG Debt Servicing Gulps N2.49tn In Nine Months – DMO

Nigeria, the Debt Management Office, spent N2.49tn on debt servicing payments in the first nine months of 2021. Between January and March 2021, Nigeria spent N612.71bn on domestic debt servicing, while it spent $1bn (N410.83bn) on external debt servicing, giving a total
December 16, 2021
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