Nigeria Considers Selling Naira-Denominated Bonds To Fund Infrastructure Next Year

LAGOS NOVEMBER 1ST (NEWRANGERS)-Nigeria is considering selling naira-denominated bonds abroad next year to fund infrastructure projects, Finance Minister Zainab Ahmed said. Africa’s biggest oil producer faces a significant increase in financing needs as it struggles to boost revenue required to fund increased spending on infrastructure. Almost 60% of Nigerians don’t pay tax and the state…

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Federal Govt. Accuses El-Zakzaky Of ‘Becoming Unruly ’ In India

LAGOS AUGUST 14TH (NEWSRANGERS)-The Federal Government has accused leader of the Islamic Movement in Nigeria, Sheikh Ibrahim El-Zakzaky, of “becoming uncontrollable” in India. The Shi’ites leader is currently in India for medical treatment, based on a court order. The Permanent Secretary, Ministry of Information and Culture, Grace Gekpe, alleged this in a statement made available…

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