By Emele Onu, with agency report, 07.16.2010                   Nigeria will sell the biggest amount of bonds -N315 billion worth ($2.1 billion) in at least four quarters in the three months through October as it seeks to finance projects amid unstable crude oil revenue, Afrinvest (West Africa) Ltd. said.  […]
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NNPC: Senate Wades into Insolvency Controversy
From Kunle Akogun in Abuja, 07.16.2010  The Senate yesterday waded into the controversy surrounding the solvency or otherwise of the Nigerian National Petroleum Corporation (NNPC), asking its Committees on Petroleum (Upstream and Downstream) to find out the true position and report back in a week’s time.  This […]
Babalola advocates fiscal prudence for govt … As FG, states, LGs share N413bn from Federation Acco
Written by Gbola Subair, Abuja Friday, 16 July 2010  The Minister of State for Finance, Mr. Remi Babalola, has canvassed the institutionalisation of fiscal prudence at all tiers of governance in line with the provisions of the Fiscal Responsibility Act (FRA) 2007.He disclosed that fiscal prudence would assist […]

