Nigeria is in good shape with $39.7b debt profile, says Okonjo-Iweala

By Nduka Chiejina, The Nation. With a debt profile of $39.7 billion the, Co-ordinating Minister of the Economy and Minister of Finance Dr .Ngozi Okonjo-Iweala on Tuesday says Nigeria debt is in very good shape. The minister in her maiden address to journalists in Abuja said Nigeria’s debt now stand at N5.2 trillion for domestic […]

FIFA Ranking: Dutch dethrone Spain, Super Eagles Gain Five Points

There has been a change in the leadership of the FIFA/Coca-Cola World Ranking, with the Netherlands ending Spain’s reign of more than a year at the summit to claim top spot for the first time ever. The Oranje thus profited from Spain’s defeat by Italy – in a friendly that cost the world and European […]

Standard and Poor’s as a political watchdog

By Emeka Chiakwelu The emergence of S&P as a political watchdog may weaken trust and confidence in the global market There was a manifestation as Standard & Poor’s downgrade US credit rating to ‘AA+’ from ‘AAA’ . The revelation is that the mandate of Standard & Poor’s is beyond financial observation and evaluation but also […]

2011 Iri-ji Nkwere Festival in Pictures

Okonjo-Iweala heads electricity board

By Chesa Chesa,Snr State House Correspondent, Abuja Finance Minister and Economic Management Team (EMT) Coordinator, Ngozi Okonjo-Iweala, had her workload increased on Tuesday as President Goodluck Jonathan picked her to chair the Nigerian Bulk Electricity Trading Plc board. Inaugurating the board of the firm, also known as the Bulk Trader, Jonathan noted in the Villa […]


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