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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It’s Time To Pay Attention To Renewables
By Jeremiah Oresanya There is a shift happening, and it is a good one, one that is set to help Nigeria achieve its industrial and $1 trillion ambition. Around the world, energy
Nigeria Loses ₦5trn Annually To Logistics Failure
Nigeria is losing an estimated ₦5 trillion every year as 30 to 40 million metric tonnes of food go to waste before reaching consumers, logistics experts have warned. The warning was issued
NCAA Fines Saudi Airlines ₦6m Over Consumer Rights Breach
The Nigerian Civil Aviation Authority, NCAA, has slammed a ₦6 million sanction on Saudi Airlines for violating consumer protection regulations. The fine was disclosed by Michael Achimugu, NCAA’s Director of Public Affairs
Ikeja Electric Appoints Onyelucheya Acting CEO
Ikeja Electric Plc has named Mrs. Ogochukwu Onyelucheya Acting Chief Executive Officer, effective July 1, 2026. According to the company, the appointment aligns leadership for the next phase of growth, with a
Why Tinubu Must Be Re-elected-Working People United
A pro-worker group, Working People United, WOPU, has urged Nigerians to support President Bola Tinubu’s 2027 re-election, saying his economic policies have shielded the country from worse hardship. Its National Coordinator, Comrade
Emefiele Challenges EFCC Over Alleged $4.5bn, N2.8bn Fraud Statements
Former Central Bank of Nigeria Governor, Godwin Emefiele, has challenged the Economic and Financial Crimes Commission’s move to tender statements linked to his ongoing $4.5 billion and N2.8 billion fraud trial. Emefiele,
Tinubu Appoints Obahiagbon NDPHC Strategy & Commercial Director
President Bola Tinubu has appointed Hon. Patrick Obahiagbon as Executive Director, Strategy & Commercial of the Niger Delta Power Holding Company, NDPHC. Obahiagbon replaces Engineer Omoregie Ogbeide-Ihama, who resigned from the position
FG Secures Release Of Six Nigerians Detained In Côte d’Ivoire
The Federal Government says it has secured the release of six Nigerians detained in Côte d’Ivoire for alleged economic crimes. The Ministry of Foreign Affairs, in a statement on Friday by spokesperson
FG Seeks To Reverse Order Returning Dawes Island Oil Field To Eurafric
The Federal Government has asked the Court of Appeal, Lagos Division, to set aside a Federal High Court judgment that returned the Dawes Island Marginal Field licence to Eurafric Energy Limited. The
CBN Orders Banks To Freeze Accounts Linked To Terrorism Financing
The Central Bank of Nigeria has directed banks and other financial institutions to immediately freeze accounts of customers suspected of terrorism financing. In a circular signed by Director Olubunmi Ayodele-Oni on Thursday,
