While Nigerians are still grappling with the show of shame involving Hon. Farouk Lawan, Huhuonline.com understands that another group of lawmakers, saddled with oversight functions, have also been linked with another bribery scandal. Our check shows that the lawmakers overseeing the joint House and Senate committee on Aviation are involved […]
Tag: Nigeria
Inter-bank rates fall
Inter-bank lending rates eased more than 500 basis points on Friday to an average of 10.83 per cent, compared with 16.33 per cent recorded the previous week, after a cash dispersal from the August budgetary allocation to government agencies hit the system. A total of N570bn ($3.62bn) was distributed from […]
Nigeria to sell 105 bln naira worth of T-bills
Nigeria plans to issue 104.70 billion naira ($664.34 million) from treasury bills ranging from 3-month to 1-year maturities at its regular bi-monthly debt auction on Sept. 27, the central bank said on Thursday. The bank said it will issue 21.84 billion naira in 91-day paper, 59.08 billion naira in 182-day […]
