By InvestAdvocate Lagos (INVESTADVOCATE)-The Federal Government on Monday announced the exit of directors general (DGs) of 24 agencies and parastatals, coming on the heels of the sack of heads of the Nigerian Television Authority (NTA), News Agency of Nigeria (NAN) Federal Radio Corporation of Nigeria (FRCN), Voice of Nigeria (VON) […]
Tag: President Muhammadu Buhari
Nigeria in talks with oil majors to repay debt, invest in refineries
February 14, 2016/Reuters Nigeria is in talks with oil majors and banks to raise capital for new drilling and to repay up to $4 billion in debt that the state oil firm has accumulated over years of mismanagement, the firm’s head told Reuters. Emmanuel Ibe Kachikwu, who is also the […]
Nigeria hopes to cut down on borrowing, graft due to better cash management: finance minister
Tue Feb 9, 2016/Reuters Nigeria’s decision to collect government payments in one bank account will help limit state borrowing, reduce payment delays and curb corruption, its finance minister said on Monday. Last year, President Muhammadu Buhari ordered the merger of state accounts into one “single treasury account” at the central […]
