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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NERC Launches Unified Forum To Fast-Track Power Sector Reforms
The Nigerian Electricity Regulatory Commission (NERC) has unveiled a new coordination platform bringing together electricity regulators, aimed at tightening oversight and improving consistency across Nigeria’s power market. Known as the Forum of
Pelumi Onifade:LASUTH Director Fails To Produce Report On Unidentified Body
The Chief Medical Director (CMD) of the Lagos State University Teaching Hospital (LASUTH), on Wednesday failed to comply with the court’s order to produce a report on the whereabout of an unidentified
Marketers Demand Immediate Crude-In-Naira Supply To Halt Price Surge, Prioritize PH Refinery
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), has implored the Federal Government to urgently consider strategic intervention to boost the supply framework of the Naira-for-Crude policy to enhance local
FG Defends OPL 245 Resolution, Calls Critics Unpatriotic,Selfish
The Federal Government has insisted that the decades-old disputes over OPL 245 oil block has been resolved without reservations. Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi,SAN, cleared the air
Court Forfeits $13m Fraud Proceeds Linked To Achimugu’s Oceangate Oil To FG
A Federal High Court in Abuja, has granted an order of final forfeiture of the sum of $13 million linked to a business woman, Ms Aisha Achimugu and her Oceangate Engineering Oil
EFCC Exposes Contractor Using Substandard Equipment To Sabotage Power Contract
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has disclosed how the Commission intervened in 2024 to stop a contractor mobilized by the Ministry of Power
₦150m Land Scam: Fake Wike Impersonators Arrested After Rtd General’s Loss
Four men have been arrested by the police for allegedly impersonating the Minister of the Federal Capital Territory (FCT), Nyesom Wike, in a multi-million naira land fraud targeting a retired military officer
When The Middle East Sneezes, Nigeria Catches Cold: Can Domestic Refining Break The Cycle?
Geopolitical tensions in the Middle East are once again exposing a hard truth about global energy markets: supply disruptions, whether real or anticipated, travel fast and their consequences travel even faster. Shipping
Stop Politicising Water, Winjobi Warns
The National Coordinator of Fairaction Nigeria, Dr Tola Winjobi has charged the governments to stop paying lip service and stop playing politics with the issue of water in Nigeria. He lamented the
Refining Without Relief: How Global Oil Wars, Market Structure, And Monopoly Risks Still Drive Fuel Prices In Nigeria
By Blaise Udunze The vision was bold. The expectation was clear. And the promise was powerful. When the Dangote Refinery began operations, it was hailed as Nigeria’s long-awaited escape from decades of
