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
Suggestions
EFCC Coerced Me To Frame Emefiele, Witness Testifies
Henry Omolie, a a defence witness, has told an Ikeja Special Offences Court, Lagos, presided over by Justice Rahman Oshodi, how Operatives of the Economic and Financial Crimes Commission, EFCC, forced him
EFCC Returns N279m Stolen From National Theatre To Wole Soyinka Centre
The Economic and Financial Crimes Commission, EFCC, has delivered the sum of N279 million (Two Hundred and Seventy-nine Million ) to the Wole Soyinka Centre for Culture and the Creative Arts, formerly
30 Banks Secure New Capital Ahead Of March Deadline-CBN
The Central Bank of Nigeria, has said that thirty banks have met the new minimum capital requirements introduced under its banking sector recapitalisation programme. Conveying this in a statement on Friday, the
Tinubu Initiates Committee To Fix Transmission Weaknesses Through GAMCO
President Bola Tinubu has constituted an 11-member committee to ensure the smooth incorporation of the Grid Asset Management Company Limited (GAMCO). The committee’s constitution was sequel to the Federal Executive Council’s approval
Coroner Gives LASUTH 14 Days To Identify Body In Journalist Pelumi Onifade’s Death Inquest
The Coroner Court investigating the death of Mr. Pelumi Onifade, a young journalist with Gboah TV, who was reportedly shot and arrested while covering the #EndSARS protests on October 24, 2020, has
Meter Bypass: NERC Directs DisCos To Enforce Strict Detection Procedures
The Nigerian Electricity Regulatory Commission (NERC) has unveiled a new regulatory order directing electricity distribution companies to adopt a comprehensive Standard Operating Procedure (SOP) to detect and address meter tampering, illegal connections
Tinubu Seals OPL 245 Settlement, Secures Major Eni-Shell Deepwater Project
President Bola Tinubu, has announced the successful conclusion of a historic settlement agreement between the Federal Government of Nigeria, ENI, and Nigerian Agip Exploration Limited (NAEL). The announcement was made on Thursday
Anambra Boosts Oil Status, Eyes Modular Refinery After 10-Well Recovery
The Anambra State Government has recovered 10 oil wells belonging to the state which were earlier given to Delta State. The Managing Director of Anambra State Solid Mineral Development Company and chairman
Blackouts Deepen As Gas Constraints Slash Power Generation To 3,940MW
Electricity generation on national grid dropped on Thursday due to persistent gas supply shortages affecting several thermal power plants in Nigeria. Confirming this in a statement, the Nigerian Independent System Operator (NISO)
Reps Grill Customs, CBN, NPA Over Crude Export Revenue Shortfalls
The House of Representatives has speed up its investigation into alleged export revenue gaps, querying the Nigeria Customs Service (NCS), Central Bank of Nigeria (CBN) and Nigerian Ports Authority (NPA) over inconsistencies
