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
Suggestions
Reps Query ₦34trn Customs Waivers, Demand Beneficiary List
The House of Representatives Committee on Finance has asked the Nigeria Customs Service to account for about ₦34 trillion in import duty waivers granted in 2025. At a session on Wednesday, the
FG Inaugurates Panel To Accelerate Power Market Reform
The Federal Government has set up a nine-member committee to address challenges in the decentralisation of Nigeria’s electricity market. The Minister of Power, Joseph Tegbe inaugurated the inter-agency committee on Wednesday. The
Nigeria’s Inflation Drops To 15.91% In June
Nigeria’s inflation rate fell slightly to 15.91% in June 2026, down from 15.93% in May, the National Bureau of Statistics (NBS) has said. The NBS CPI report also showed a sharp drop
75-Year-Old Man Jailed 10 Years For Raping Minor
A Rivers State Family Court in Port Harcourt has sentenced a 75-year-old man, Promise Chukwumatti, to 10 years in prison for defiling an 11-year-old girl. Justice Rita Oguaguo delivered the verdict on
Kano: Suspect Claims Sole Responsibility For Killing Aunt, 6 Children
A man standing trial for the murder of his aunt and her six children has told a Kano State High Court that he committed the killings alone. Umar Auwalu made the confession
Senate Gives N50m To Families Of 5 Killed In Oyo Rescue
The Senate on Tuesday approved N50 million for the families of five persons killed during the rescue of abducted pupils and teachers in Oriire, Oyo State. Senate President Godswill Akpabio announced that
Court Forfeits 40 Malami’s Properties To FG
Justice Joyce Abdulmalik of the Federal High Court, Abuja on Wednesday ordered the final forfeiture of over 40 properties linked to former Attorney General of the Federation and Minister of Justice, Abubakar
NIPCO Posts N1.98 Trn Revenue
NIPCO Plc has reported a turnover of N1.979 trillion for the 2025 financial year and announced an N8.00 dividend per share for shareholders. Chairman of the company, Chief Bestman Anekwe, disclosed this
UN Envoy To Makinde : Apologize To Kidnapped Schoolchildren
Senator Jimoh Ibrahim, Nigeria’s UN Permanent Representative, has implored Governor Seyi Makinde to apologize to victims of the recent school abduction in Oyo State. He explained that the apology was necessary to
Shell Disburses $518m To 123 Nigerian Firms In 2025
Shell Companies in Nigeria awarded contracts worth $518 million to indigenous companies last year to boost to the development of Nigerian content in oil and gas operations. Besides, no fewer than 123
