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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Dangote Petrol Supply Drops To 36.5m Litres/Day In February,Says NMDPRA
The latest data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has revealed that petrol supply from the Dangote Refinery declined in February, this year. During the month, supply
Tinubu Fast-Tracks $20bn Bonga Project To Revamp Nigeria’s Oil Output
President Bola Ahmed Tinubu approved fiscal incentives to boost the Bonga Southwest Aparo deepwater project. The presidential nod will pave for the Final Investment Decision on the Bonga Southwest Aparo field, a
House Panel Orders NBET To Deregister Illegal Finance Company
The House of Representatives Committee on Finance on Tuesday directed the Nigerian Bulk Electricity Trading (NBET) Plc to immediately begin the process of deregistering the NBET Finance Company Plc, describing the registration
Kano Chaos: Two Teens Killed Fleeing Alleged Phone Thieves
Two teenagers have died after falling into a pond while attempting to escape suspected phone snatchers in the ancient city Kano. The Kano State Fire Service confirmed the development in a statement
Sanwo-Olu To LASERC: Reduce Customer Burden, Enforce Fair Electricity Pricing
Governor Babajide Sanwo-Olu, has urged Board members of Lagos State Electricity Regulatory Commission (LASERC) to encourage a system in the state’s electricity market that would lessen the burden of overpricing on consumers
Petrol Price Could Skyrocket To ₦2,000/Litre-Marketers
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN),has warned that Premium Motors Spirit could rise close to ₦2,000 per litre while diesel may approach ₦3,000 per litre if the ongoing
Former Super Eagles Coach Adegboye Onigbinde Dies
Former Super Eagles coach, Adegboye Onigbinde, has died at the age of 88.Mrs. Bolade Adesuyi, his daughter, confirmed this in a statement on Monday. Onigbinde, a High Chief of Modakeke in Osun
Another Oil Boom: Will Nigeria’s Government Turn Windfall Into Growth Or Squander It?
By Blaise Udunze The past recurring conflicts on other continents and the current developments in the Middle East are a clear reminder to the world that energy markets are deeply linked to
Aiyedatiwa’s Aide Felicitates Jimoh Ibrahim, Advocates For Improved PWD Support
The Special Assistant to Ondo State Governor, Lucky Orimisan Aiyedatiwa, on Disability Matters, Hon. Omomofe Koledoye has congratulated Senator Jimoh Ibrahim, on his appointment as Nigeria’s Permanent Representative to the United Nations
NLC Asks EFCC, ICPC To Investigate Alleged ₦20bn Procurement Fraud In TCN
The Nigeria Labour Congress, NLC, has asked the Economic and Financial Crimes Commission, EFCC, and the Independent Corrupt Practices and Other Related Offences Commission, ICPC, to investigate questionable contracts ₦20 billion within
