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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Nigeria’s Crude Output Rises To 1.73mbpd In5 Months
Nigeria’s crude oil and condensate output rose to 1.73 million barrels per day in May 2026, up from 1.68 million bpd in April, the Nigerian National Production Company Limited has reported. According
Alleged Coup: DSS Arraigns 5 Silva Aides For Hiding Him
The Department of State Services, DSS, has arraigned five associates of former Petroleum Minister, Chief Timipre Silva, over alleged concealment of his whereabouts. The five — Reuben Ayuba, Musa Mohammed, Friday Paul,
Military Kills 129, Rescues 542 Kidnapped Victims In June
Troops of the Armed Forces of Nigeria killed 129 terrorists, arrested 486 suspects, and rescued 542 kidnapped civilians in June, the Defence Headquarters has said. Briefing journalists in Abuja, Director, Defence Media
5 Nigerians Return Home After Months In Côte d’Ivoire Prison
The Federal Government has received five Nigerians rescued from prolonged detention at MACA Prison in Abidjan, Côte d’Ivoire, following diplomatic intervention by the Ministry of Foreign Affairs. They arrived the Nnamdi Azikiwe
Atiku Challenges FG Over ₦501bn Gencos Bond
Former Vice President, Atiku Abubakar, is seeking comprehensive audit of power sector intervention funds, faulting the Federal Government’s claim that it has substantially settled debts owed to electricity generation companies. In a
Gombe ADC Faction Names Chris Uba Presidential Candidate, Rejects Atiku
The Nafiu Bala Gombe-led faction of the African Democratic Congress, ADC, has declared Prof. Chris Uba as its presidential candidate for the 2027 elections. It said former Vice President Atiku Abubakar “is
The Day Credit Turns Against Us
By Abidemi Adebamiwa First Lady Oluremi Tinubu’s comment about grants helping people start small businesses like akara, roasted corn, and kuli-kuli has sparked debate. Some people see the examples as too small
Why CBN Revoked Licences Of 46 Microfinance Banks
The Central Bank of Nigeria says it revoked the operating licences of 46 microfinance banks across the country on account of persistent regulatory breaches and failure to meet requirements for continued operation.
ICPC, PenCom Recover ₦3bn From Pension Defaulters In Power Sector
Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the National Pension Commission (PenCom) have recovered over ₦3 billion in unremitted pension contributions from defaulting employers in the electricity sector. The
Labour Faults Plan To Sell 120 FG Colleges To Private Investors
Labour has faulted fresh plans to concession Federal Government Colleges to private business interests, warning that the act will destroy the Unity School system. The Association of Senior Civil Servants of Nigeria,
