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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Tinubu Orders Direct Oil Revenue Remittance To Federation Account, Stops NNPC Deductions
President Bola Tinubu has signed an executive order to safeguard and enhance oil and gas revenues for the Federation, curb wasteful spending, eliminate duplicative structures in the critical sector of the national
Power GenCos Defy NLC, Demand Probe Over Fraud Allegations
The Association of Power Generation Companies (APGC) says it’s ready for forensic examination of its books by the Nigeria Labour Congress to clear its image of fraudulent allegations being peddled around by
Ramadan: Kebbi Govt Reduces Work Hours For Civil Servants
Governor of Kebbi State, Dr Nasir Idris has approved the reduction of official working hours for the public servants in the state during the month of Ramadan. This is contained in a
Alleged Soldier Attack: JED Reports To DSS, Pulls Staff
The Jos Electricity Distribution (JED) Company, has condemned the alleged attack by soldiers of the Nigeria Army School of Military Engineering (NASME) on one of its staff, attached to the Injection Sub-staion
1% NCDF Remittance Remains Mandatory, NCDMB Warns Oil Firms
The Nigerian Content Development and Monitoring Board (NCDMB), has warned operators, contractors, and service companies in the upstream sector of the Nigerian oil and gas industry of their mandatory obligation to remit
Beware Of Fake Contract Deals, NUPRC Warns
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has raised alarm ove4 activities of fraudsters impersonating officials of the Commission and offering fake contract deals in order to extort money from unsuspecting victims.
Dangote Secures $400M Equipment Pact To Boost Refinery Output
Dangote Group has inked a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s manufacturers of construction machinery. The act is pursuant to accelerate the expansion of
NDPC Investigates Temu For Data Protection Act Breaches
The Nigeria Data Protection Commission (NDPC), has ordered an immediate investigation of the data processing activities of Temu which may be in violation of the NDP Act. Its National Commissioner/CEO, Dr Vincent
TCN Restores 330kV Shiroro–Mando Line, Boosts Power In Kaduna
The Transmission Company of Nigeria (TCN) has restored the 330kV Shiroro–Mando Transmission Line 1. Conveying this in a statement, Ndidi Mbah, General Manager, Public Affairs, explained that the line was restored at
States Must Embrace Technology To Secure Revenue Growth-NRS
The Executive Chairman of the Nigeria Revenue Service (NRS), Mr. Zacch Adedeji, has said that the integration of technology into revenue systems is no longer optional but critical to the success of
