Latest Posts
Nigeria approaches China Railway for construction of N43.24b Ibadan Inland Dry Port
WorldStage Newsonline– Talks between Federal Government of Nigeria and China Railway Construction Corporation Limited (CRCC) on the construction of the N43.24 billion Ibadan Inland Dry Port is nearing completion, according to the Nigerian Shippers’ Council (NSC).
ECONOMY
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Nigeria: Lagos accounts for 10.8% of domestic debt, as FG, states portfolio hits N28.63trn
The National Bureau of Statistics (NBS) said on Friday that the total public debt portfolio of the Federal and State Governments as of March 31 stood at N28.63 trillion.
POLITICS
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NEXIM denies report of plans to dole out $500m to APC for governorship elections in Edo
WorldStage Newsonline– The Nigerian Export-Import Bank (NEXIM), on Friday reacted to reports alleging it planned to give the ruling All Progressives Congress (APC) the sum of $500 million to conduct governorship elections in Edo State, saying that it does not fund political activities under any guise, but only grant loans to support export-oriented projects in the country.
FOREIGN
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UN arms embargo extension: Iran warns Europe against succumbing to U.S. pressures
Iran on Saturday vowed retaliatory measures if Europe were to give in to the U.S. pressures for extending a UN arms embargo on Iran, Tasnim news agency reported.
