Director General of Debt Management Office, (DMO), Abraham Nwankwo, on Monday in Abuja put the nation’s external debt stock at $9.16 billion, a 3.9 per cent growth over the $8.82 billion reported at the end of December 2013. Domestic debt also soared to N8.7 trillion as at March 2014, he […]

Azura Power West Africa Ltd., a Nigerian electricity producer, said the sale by the government of power assets offered “huge” opportunities for investors after it secured backing for a new $1 billion plant. The company signed a financial deal for its 450-megawatt Azura-Edo power station with a group of local […]

LAGOS, Nigeria (AP) — A leader of a protest march for 276 missing schoolgirls said that Nigeria’s first lady ordered her and another protest leader arrested Monday, expressed doubts there was any kidnapping and accused them of belonging to the Islamic insurgent group blamed for the abductions. The first lady’s […]