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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Oyo Commissioner Outlines Roadmap To End Power Deficit
The Oyo State Government has initiated immediate interventions, including a 12-megawatt independent gas-powered project to end power deficit in the state. The project is expected to become operational in two months, an official
Middle-East Crisis: How Tinubu’s Policy Of Naira-For-Crude Guarantees Supply Security In Nigeria
By Temitope Ajayi President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the NNPC to the
33 Banks Raise N4.65 Trillion Fresh Capital To Meet CBN Requirement
Thirty three banks have raised a total of N4.65 trillion to meet the revised minimum capital requirements under the recapitalisation programme of the Central Bank of Nigeria aimed at strengthening the resilience
Mozambique Deports 40 Detained Nigerians
Forty of the 42 Nigerians arrested and locked up for weeks in Mozambique have been deported to Nigeria. Abike Dabiri-Erewa, Chairman/CEO of the Commission, has urged Nigerians in South Africa to remain
Sahara Power Group Joins Council To Electrify 300 Million Africans By 2030
Sahara Power Group has joined the Mission 300 Private Sector Council, a high-level platform announced by the World Bank Group, the African Development Bank (AfDB), and The Rockefeller Foundation to accelerate efforts
Emir Sanusi’s Wife Drags Driver To Court Over ₦60m Theft
Sulaiman Yakubu Kulkude, a driver attached to the wife of the 16th Emir of Kano, Muhammadu Sanusi II, has been arraigned before a Kano Magistrate Court, over an alleged ₦60 million theft.
FG Raises Domestic Gas Prices
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has increased gas price supplied to the domestic market in the country. The price increased to $2.18 per metric million British thermal units
Adeleye Falade Takes Over As NLNG CEO
Adeleye Falade has officially assumed office as the Managing Director and Chief Executive Officer of NLNG. He assumed the role today, Wednesday at the company’s Corporate Head Office in Port Harcourt, succeeding
FG Vows Tougher Action Against Terrorists
The Federal Government has vowed to protect lives and property in the country, declaring that Nigeria will not bow to criminal elements or acts of violence as it moves to restore lasting
Chevron Finalizes Major Investment To Unlock Aseng Gas Fields In Equatorial Guinea
Noble Energy EG Limited, a Chevron company, has confirmed that Chevron has taken Final Investment Decision on the Aseng Gas Monetization Project in Equatorial Guinea. The FID follows the execution of relevant
