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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FG Flags Off New Grid Control Centre
The Federal Government has begun construction of an ultra-modern National Control Centre for the Nigerian Independent System Operator (NISO) in Osogbo, Osun State. It will replace the 64-year-old control centre that no
IOCs’ Divestment Pushes Indigenous Firms’ Share Of Nigeria’s Crude Output Beyond 50%
The Federal Government has said thatindigenous oil and gas companies now account for over half of Nigeria’s crude oil production, driven largely by divestment transactions by International Oil Companies (IOCs) that have
Nigeria @66: Booming Banks, Struggling Nation, Where Is The Promised Prosperity?
By Blaise Udunze As Nigeria celebrates 66 years of independence, it must ask whether the country has delivered the prosperity and opportunities its people were promised. Beyond the official celebrations, political speeches
Nigeria Spends $866m On Imported Frozen Fish, Seafood
Nigeria imported frozen fish and seafood worth $866 million in 2025, up from $606 million in 2023, despite its vast marine and inland fisheries resources. The Director-General of the International Maritime Institute
Court Sends Fake Presidential Council Boss To Kuje Prison
The embattled Director-General of the alleged fake Presidential Foreign Investment Promotion Council (PFIPC), Prince Adeniyi Adeyemi, has been remanded in Kuje Prison. He was remanded on Wednesday after he was arraigned before
My Signature Was Doctored, I Was Not Involved In Land Deal – Wike’s Son
Justice Silvanus Oriji of a High Court of the Federal Capital Territory, has adjourned the case involving Jordan Ezenwo Nyesom-Wike, son of the Federal Capital Territory Minister, Barrister Nyesom Wike, to December
FG Meets DisCos On Regular Power For Lagos, Abuja, Kano
Minister of Power, Joseph Tegbe, has held a strategic closed-door meeting with leadership of select electricity distribution companies over proposed Energy Zones designed to deliver stable 24-hour power supply to homes, businesses
I Will Resolve Circular Road Crisis In 3 Days, Not Seize Land – Alli
The governorship candidate of the All Progressives Congress (APC) in Oyo State, Senator Sharafadeen Alli, has promised to set up a committee within 48 to 72 hours of assuming office to address
Banks Must Match Recapitalization With Good Governance, Says CBN
The Central Bank of Nigeria (CBN) has warned that stronger capital alone will not guarantee a resilient financial system without sound corporate governance and effective risk management. The regulator stated this on
Drug Trafficking: Court Orders Daily Trial For Kyari
A Federal High Court in Abuja has ordered day-to-day proceedings in the trial of suspended DCP Abba Kyari and his co-defendants. Justice Emeka Nwite gave the order on Tuesday as the defence
