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 Orders Strict Ebola Checks At Entry Points
The Federal Government has ordered strict checks of Ebola Virus Disease entry protocols at all entry points into the country over alleged non-compliance. The directive, issued by the Federal Ministry of Health
CBN Approves JPMorgan Merchant Bank
The Central Bank of Nigeria has granted approval-in-principle to global banking giant JPMorgan to establish a merchant bank in Nigeria. The planned bank, JPMorgan Merchant Bank Nigeria Limited, will still need a
Petrol Supply Drops To 38.7m Litres In September
Daily petrol receipts into the Nigerian market dropped to 38.7 million litres in September from 50.5 million litres recorded in August, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed.
Benue: JED, Govt Trade Blames Over Alleged Bypass, Attack On Staff
The Jos Electricity Distribution (JED) Plc and the Benue State Government have traded blames over alleged illegal connection, meter bypass and attack on staff in Makurdi. In a statement, the power firm
REA Powers Kano Community With 2 Mini-Grid Projects
The Rural Electrification Agency (REA) has commissioned two mini-grid projects in Kano State after over sixteen years of darkness. The agency commissioned two projects comprising a 195kWp system in Ballagaza and a
NUEE Threatens Shutdown In Benue Over Attack On JED Staff
Electricity workers have been directed to stay off duty in Benue State until their safety is guaranteed, due to the invasion of the Jos Electricity Distribution (JED) Plc Makurdi office and torture
Nigeria’s Gas Reserves Need Investment To Drive Growth-Verheijen
Nigeria’s over 200 trillion cubic feet (Tcf) of proven gas reserves will only drive economic growth if converted into sustained investment, the Special Adviser to the President on Energy (Oil and Gas),
How 2 Men Impersonated EFCC Chairman’s Aide To Extort $700,000 From Ex-NPA MD
An Economic and Financial Crimes Commission, EFCC operative, Tanko Abubakar, told a court how two men allegedly extorted $700,000 from ex-NPA MD, Muhammad Bello Koko. He testified on Wednesday before Justice Jude
Oyo APC Faults Makinde Over Fresh N100bn Loan
The All Progressives Congress in Oyo State has slammed Governor Seyi Makinde over a fresh N100 billion loan approved by the State Assembly on Wednesday. The party described it as impunity, recklessness
NIMASA Arrests 4 Vessels Over Maritime Violations
The Nigerian Maritime Administration and Safety Agency (NIMASA) has arrested four vessels for violating maritime regulations. NIMASA’s spokesman, Osagie Edward, disclosed this in a statement on Wednesday. He said the arrests were
