World News

Bond Issuance: Lagos Returns To Market Next Year, Lists Projects Undertaken With N275bn Bond Proceeds

November 18, 2015/The Will Lagos State government says it will return to the Nigerian bond market to seek funding to complete ongoing capital projects and undertake new ones. This is as the Governor Akinwunmi Ambode-led government pushes to fulfil its electioneering promises to the people. Mustapha Akinkunmi, the state commissioner […]

Forbes Names Dangote African Richest Fifth Consecutive Time

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s business mogul, Aliko Dangote has been named Africa’s richest man for the fifth consecutive time according to the Africa’s 50 Richest report released on Wednesday by Forbes, business and financial news firm. Dangote who produces, cement, sugar and flour in Africa’s most populous […]

Nigeria’s president asks for extra budget to cover fuel subsidy

Wed Nov 18, 2015/Reuters Nigeria’s President Muhammadu Buhari has requested the approval of a supplementary budget to cover mainly the 413 billion naira ($2.1 billion) of debt owed to fuel importers under a subsidy scheme, the presidency said on Wednesday. Buhari asked the Senate to approve 465.64 billion naira to […]