Culled—Proshare 3/10/2017/FSDH The drop in government’s revenue in the face of the rising government expenditure has led to an increase in Nigeria’s public debt (external and domestic debt). Consequently, the ratio of debt service-to-revenue has reached unsustainable levels. The Debt Management Office (DMO) in its 2016 Debt Sustainability Analysis (DSA) […]

2/10/2017/Bloomberg By Angelina Rascouet and Julian Lee OPEC nations pumped slightly more crude in September as Libya’s biggest oil field returned to production.  Output from the Organization of Petroleum Exporting Countries was 32.83 million barrels a day in September, a gain of 120,000 barrels a day from August, according to […]

October 3, 2017/Dangote Group The Management of Dangote Group on Monday debunked a story alleging that the company will benefit 10-year tax holiday after constructing 35 km Apapa to Oworonshoki highway end of the Lagos-Ibadan Expressway. Speaking at the Ikoyi head office, on Monday, Group Executive Director, Strategy, Portfolio Development […]