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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Peter Mbah’s Scorecard: Does Enugu’s Governor Deserve A Second Term?
Dr. Chima Victor Anyaegbudike When Barrister Dr. Peter Ndubuisi Mbah became Governor of Enugu State in May 2023, he unveiled a clear socio-economic development plan aimed at increasing the state’s GDP sevenfold—from
The Paradoxical Link Between FAAC Allocations And Rural Development In Local Government Councils
By Zira Maigadi (Wali Michika, Pekei Ka Michika) The Nigerian 1999 constitution as amended provided for three tiers of government viz: Federal Government of Nigeria, States Government including FCT and the Local
Nigeria’s Booming Banks And A Collapsing Economy
By Blaise Udunze Nigeria’s banking industry appears to be booming, largely driven by the policies of the Central Bank of Nigeria (CBN), under Governor Olayemi Cardoso, while the real economy continues to
Ilejemeje Council Boss Confirms Arrest Of Vice Chair For Alleged Self-Kidnap
The Executive Chairman of Ilejemeje Local Government of Ekiti, Hon. Pius Alaba Dada, has confirmed that the Vice Chairman was reportedly involved in a staged abduction and has since been arrested by
NCAA Suspends Service Ban On Indebted Airlines
The Nigeria Civil Aviation Authority has suspended its planned enforcement of the “no pay, no service” directive against airlines with outstanding statutory remittances. The decision followed extensive consultations within the aviation sector
NALPGAM Charts Path To Stabilize Volatile Cooking Gas Market
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), has suggested ways to stabilise cooking gas market in the country The group advised that there should be immediate measures to improve Liquefied
Alleged N13.66bn Glitch: NIBSS Takes Access Bank, Zenith, UBA, 16 Others To Court, Seeks Account Freeze
The Nigeria Inter-Bank Settlement System Plc (NIBSS) has sued 19 commercial and microfinance banks, including Access Bank, Zenith Bank and UBA, over N13.66 billion allegedly lost to unauthorized transfers following a major
Court Orders Mamuda Beverages To Stop Production Of Pop Power Energy Drink
A Federal High Court in Abuja has again ordered Mamuda Beverages Nigeria Limited (Mamuda) to stop producing its Pop Power Energy Drink, which infringes on the trademark of the popular Fearless Energy
NESG Names Surayyah Ahmad As Board Member
The Nigerian Economic Summit Group (NESG) has appointed Mrs. Surayyah Ahmad as Director on its Board, following the approval of her appointment at the NESG Second Quarter Board Meeting held recently. Dr.
Ondo Amotekun Storms Kidnappers’ Den, Frees Couple In Night Raid
Operatives of the Ondo State Security Network Agency, Amotekun Corps, rescued Mr. and Mrs. Sanusi Kehinde from kidnappers in an overnight operation after the couple was abducted from their home in Ilu-Abo,
