Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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Ponzi Promoters Risk 10- Year Jail Term, N20m Fine,Says SEC
Promoters and operators of any entity engaged in a prohibited scheme commits an offence and is liable on conviction to a penalty of not less than N20 million or imprisonment to a
Tinubu Sacks Kyari, Appoints Ojulari As New NNPC CEO
President Bola Ahmed Tinubu has sacked Mele Kyari as the Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited. Special Adviser to the President on Information & Strategy, Mr. Bayo
Nigerian Ulamas And The Business World
By Zayyad I. Muhammad Traditionally, in northern Nigeria, Ulamas have been expected to remain reserved, focusing solely on Da’awa while relying on handouts, Sadaqa, Zakat, and gifts for sustenance. However, this should
NSIA Net Asset Hits ₦4.35trn
The Nigeria Sovereign Investment Authority (NSIA) has grown its net asset by 96% to ₦4.35 trillion as of December 2024, against ₦2.22 trillion in December 2023. This is conveyed in the Authority’s
Stop Stealing Nigerian Oil, Army Warns Thieves
The General Officer Commanding, 6 Division, Nigerian Army, Major General Emmanuel Eric Emekah, has warned oil thieves to turn a new leaf and engage in legitimate means of livelihood or be ready
Fire Service Seeks Installation Of Cameras On Tankers Transporting Fuel
The Controller General of the Federal Fire Service, FFS, Engr. Abdulganiyu Jaji, has emphasized the need for the installation of onboard cameras on tankers and other articulated vehicles transporting flammable materials in
Power Crisis:Groups Differ On Call For Adelabu’s Resignation
The Conference of Nigeria Political Parties (CNPP),the Coalition of National Civil Society Organisations (CNCSOs) and the Coalition of Concerned Progressives ( COCOP), have differed on calls for the the immediate resignation of Nigeria’s
Oando Joins Afreximbank’s AfrexInsure Portfolio
AfrexInsure, the specialty insurance subsidiary of African Export-Import Bank , has announced its onboarding of Oando Plc as one of its strategic clients, further strengthening the business relationship between Oando PLC and
Tinubu, Akpabio To Appear In Court Over Rivers’ Emergency Rule
A Federal High Court in Port Harcourt has summoned President Bola Tinubu, the Senate President, Senator Goodwill Akpabio the Speaker of the House of Representatives, Tajudeen Abbas; the National Assembly and the
NEITI Recovers $4.85bn In Oil, Gas Debts
The Nigeria Extractive Industries Transparency Initiative (NEITI) has recovered $4.85 billion from unpaid liabilities owed by oil and gas companies in the country. At a press conference in Abuja, Dr. Orji Orji,
