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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Umahi Files Lawsuits As Tracy Ohiri Fails To Produce Evidence In Debt Scandal
Minister of Works, David Umahi, has ordered his legal team to commence legal action against businesswoman, Tracy Ohiri over her alleged failure to provide credible evidence to back her claims, escalating the
One SA Bank Equals Nigeria’s Entire Banking Sector – Why Recapitalisation Is Critical For Global Competitiveness
By Blaise Udunze Nigeria has always prided itself as Africa’s largest economy and most populous nation. Currently, its banking sector is confronting a moment of truth that should send shockwaves. Today, a
UK, Nigeria Launch Technical Group To Unlock Creative Economy Potential
The British Council, has expressed satisfaction over its involvement in the state visit of Nigeria’s President Bola Ahmed Tinubu to the United Kingdom. According to the Council, the visit also represents a
Escalating M/East War Forces Dangote Petrol Price To N1,245/Litre
The escalating Middle East war, has forced Dangote Refinery, to raise its gantry price for Premium Motor Spirit from ₦1,175 to ₦1,245 per litre. The hike, which took effect 12:00 a.m. on
Nigeria Accelerates $20bn Gas Pipeline Project To Transform Energy Future
The Federal Government has increased its high-level discussions on a planned transcontinental gas pipeline aimed at delivering its vast natural gas to European markets. This move will also strengthen energy security and
Akwa Ibom Repatriates 44 Rescued Ghanaian Trafficking Victims
Akwa Ibom State Government has handed over 44 Ghanaian nationals rescued from human trafficking camps in the state to officials of the Ghana High Commission. The victims were rescued from camps located
Court Restrains Late Gov. Alao-Akala’s Daughter From Selling Assets
An Oyo High Court in Ibadan has granted an interlocutory injunction restraining parties in the ongoing dispute over the estate of the late former governor of Oyo state, Otunba Christopher Adebayo Alao-Akala,
OPL 245: Oil Major Warns FG Against Premature Celebration Over Disputed Settlement
Malabu Oil and Gas Limited has issued a formal pre-action notice challenging any regulatory move to implement the controversial agreement of the long-running OPL 245 dispute. The development punctured official claims that
Nasarawa 2027: God Is The Ultimate Zoner
By Danjuma Sarki As the countdown to the 2027 governorship election in Nasarawa State begins, political conversations are intensifying, and so are the subtle attempts to shape the outcome long before the
Ibom Power Overhaul:Eno Drives Debt Settlement, Sets Stage For Private Sector Reforms
The Akwa Ibom State Government said it’s determined to clear longstanding financial obligations, including a $9 million loan obtained from Afreximbank to boost the operations of Ibom Power Company. Conveying this a statement
