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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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,
Nigeria To Build 3.7GW Renewable Manufacturing Hubs In Lagos, Ogun, Kano – REA
The Rural Electrification Agency announced 3.7GW of domestic renewable energy manufacturing capacity will be established in Lagos, Ogun, Bayelsa, and Kano states. He disclosed this his keynote address titled “Scaling Mini-Grids and
Minister Confirms 1,000 Mini-Grids Underway, 3.9m Nigerians Connected
The Minister of Power, Joseph Tegbe has said the Rural Electrification Agency has over 1,000 mini-grids at various stages of development in the country. He disclosed this in his keynote address at
LPPC Suspends Mike Ozekhome’s SAN Rank In Graft War
The Legal Practitioners’ Privileges Committee LPPC has suspended Professor Mike Ozekhome, SAN, from using the Senior Advocate of Nigeria rank. Ozekhome, a constitutional lawyer and human rights activist, was sanctioned at the
Nagy Faults Nigeria Over Alleged Plot Against US-Based Biafra Leader Nkere
Former US Assistant Secretary of State for Africa, Tibor Nagy, has faulted the Nigerian government over alleged efforts to sanction American-based Biafra activist Ogechukwu Nkere. Nagy said any move to target a
