14

Apr

Stock market declines marginally by 0.02

It was a bearish session on the floor of the Nigerian stock market on Thursday as the All Share Index declined by 0.02% to close at 51,944.58 points from the previous close of 51,953.41 points. The Market Capitalisation was down also by 0.02% to close at N28.295 trillion from the previous close of N28.300 trillion, thereby shedding […]

13

Apr

Nigeria to settle $800m World Bank loan for 25 years

The next administration after the regime of the President, Major General Muhammadu Buhari (retd.), will begin the repayment of the $800m loan approved by the World Bank as subsidy palliative. Last week, the Minister of Finance, Budget and National Planning, Zainab Ahmed, revealed to newsmen that the Federal Government had secured $800m from the World Bank to[…]