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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Ekpo Urges Local Investors To Expand Nigeria’s Gas Infrastructure, Conversion Hubs
The Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has implored indigenous businesses and entrepreneurs to increase investment in gas infrastructure, conversion centres, refuelling networks and other value-added services. Ekpo made the
Ogun Customs Bust Impersonation Plot, Seize Military Uniforms, ₦260M Cannabis At Idiroko
The Nigeria Customs Service (NCS), Ogun I Area Command, has thwarted a suspected impersonation scheme after intercepting military uniforms and a large consignment of cannabis valued at N259.68 million along the Idiroko
Eid -El-Kabir Celebration: FG Slashes NRC Train Fares By 50%
The Federal Government has approved a 50% fare discount on all train services operated by the Nigerian Railway Corporation (NRC) as part of measures to ease transportation costs for Nigerians during the
Ex-Power Minister Mamman Begins 75 -Year Jail Term In Kuje
Justice James Omotosho of the Federal High Court, Maitama, Abuja, on Tuesday, ordered the Economic and Financial Crimes Commission, EFCC to hand over the former Minister for Power, Saleh Mamman to the
Peter Mbah’s Scorecard: Does Enugu’s Governor Deserve A Second Term?
Dr. Chima Victor Anyaegbudike When Barrister Dr. Peter Ndubuisi Mbah became Governor of Enugu State in May 2023, he unveiled a clear socio-economic development plan aimed at increasing the state’s GDP sevenfold—from
The Paradoxical Link Between FAAC Allocations And Rural Development In Local Government Councils
By Zira Maigadi (Wali Michika, Pekei Ka Michika) The Nigerian 1999 constitution as amended provided for three tiers of government viz: Federal Government of Nigeria, States Government including FCT and the Local
Nigeria’s Booming Banks And A Collapsing Economy
By Blaise Udunze Nigeria’s banking industry appears to be booming, largely driven by the policies of the Central Bank of Nigeria (CBN), under Governor Olayemi Cardoso, while the real economy continues to
Ilejemeje Council Boss Confirms Arrest Of Vice Chair For Alleged Self-Kidnap
The Executive Chairman of Ilejemeje Local Government of Ekiti, Hon. Pius Alaba Dada, has confirmed that the Vice Chairman was reportedly involved in a staged abduction and has since been arrested by
NCAA Suspends Service Ban On Indebted Airlines
The Nigeria Civil Aviation Authority has suspended its planned enforcement of the “no pay, no service” directive against airlines with outstanding statutory remittances. The decision followed extensive consultations within the aviation sector
NALPGAM Charts Path To Stabilize Volatile Cooking Gas Market
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), has suggested ways to stabilise cooking gas market in the country The group advised that there should be immediate measures to improve Liquefied
