The outcome of an audit report, following an investigation into the activities of the Nigerian National Petroleum Corporation (NNPC), which led to its indebtedness to the federation account, has indicted the NNPC with stunning revelations, Huhuonline.com can report. Recall that the Federal Government, had through the Federal Ministry of Finance, […]

Nigeria’s last bond auction of the year next week may attract significant interest from Pension Funds Administrators’ (PFA) companies wanting to lock in some of their funds although yields are likely to remain broadly flat.  Nigeria said it would auction 64.10 billion naira ($397 million) in 10-year sovereign bonds with […]

The present global crisis started as a financial crisis but now an economic crisis. It is extraordinary in severity of credit and capital crunch with its root in the banking rather that securities market or foreign exchange. It started in the United States due to certain laxities in the US […]