DMO gives reasons for financing local debt with $3bn

Dr Abraham Nwankwo, Director-General, Debt Management Office (DMO) The Debt Management Office (DMO) has disclosed that Government’s maturing local debts with $3bn external borrowing will not only crash the rate of domestic borrowing but also allow some borrowing space to the private sector. According DMO, borrowing from foreign sources to refinance More...

by Peoples Daily | Published 1 week ago
By Peoples Daily On Wednesday, July 26th, 2017
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Solid Minerals sector development: Constitution of SMDF as a game changer

The recent inauguration of the Board of the Solid Minerals Development Fund (SMDF) has continued to attract positive narratives from critical stakeholders of the sector. Musa Adamu writes: The fall in the international More...

By Peoples Daily On Friday, June 16th, 2017
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We’ll ensure mining sector becomes major contributor to GDP- SMDF boss

A-three-day National Mining Summit was held in Abuja to yet again demonstrate the present administration’s seriousness about its economic diversification drive and making the mining sector one the key focus. In More...

By Peoples Daily On Wednesday, April 26th, 2017
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How African countries are frustrating Nigeria airlines fulfilling BASA deals-Air Peace boss

Nigeria continuous show of big brother on the Africa continent is again receiving negative reciprocity from its so called neigbhours. In this bear it all interaction, Nigeria carrier, Air Peace Chairman, Mr. Allen More...

By Peoples Daily On Thursday, April 6th, 2017
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Forex: CBN makes Special Intervention in BDCs

CBN Governor, Godwin Emefiele …injects $10,000 Midweek Intervention By Etuka Sunday The Central Bank of Nigeria (CBN) in its bid to sustain supply of liquidity to the foreign exchange market, has decided More...

By Peoples Daily On Wednesday, February 17th, 2016
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Despite huge capital flight, no foreign airline has laid a single ‘Cement Block’ in Nigeria, AON Boss

Chairman of Airline Operators of Nigeria (AON), Capt. Noggie Meggison in this interview spoke of challenges bedeviling the Nigeria aviation sector. He particularly condemned the activities of foreign airlines operating More...

By Peoples Daily On Tuesday, December 8th, 2015
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NEXIM Bank’s model in exploring the non-oil sector

The Managing Director of Nigerian-Export-Import Bank ((NEXIM), Mr Roberts Orya By Chris Alu Early last month, President Muhammedu Buhari was quoted variously to have said that Nigeria is broke. Although he was criticized More...

By Peoples Daily On Wednesday, October 21st, 2015
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How we want to position Nigeria airports under the Buhari administration, Engr. Dunoma. FAAN MD

FAAN MD Saleh Dunoma Engineer Saleh Dunoma is the Managing Director of the Federal Airports Authority of Nigeria (FAAN). in this interview; he explains how the agency is set to reposition Nigeria airports to meet More...

By Peoples Daily On Sunday, May 10th, 2015
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‘We shall turn Kaduna Electric into a world class service provider’

Managing Director, Kaduna Electric, Engr. Garba Haruna In an interview with journalists in Kaduna, the Managing Director/CEO, Kaduna Electric, Engr. Garba Haruna bares his mind on the journey so far- five months More...

By Peoples Daily On Tuesday, December 23rd, 2014
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Kebbi Airport ’ll turn around our economy – Dakingari

At a cost of N17 billion and boasting of the best navigation and aeronautical equipment and facilities in Nigeria, the Sir Ahmadu Bello International Airport in Kebbi is becoming a beautiful bride among local and More...