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
ECOWAS Inks Agreement To Push $30bn Africa Gas Pipeline Project
Leaders of the Economic Community of West African Stated have signed a deal to fast-track the $30 billion Africa Atlantic Gas Pipeline (AAGP) Project. Signed at the ECOWAS Summit in Freetown, the
FCTA Threatens To Sue AEDC Over Defamatory Claims
The Federal Capital Territory Administration, FCTA, has threatened to sue the Abuja Electricity Distribution Company, AEDC, over what it called defamatory claims. In a statement by Acting Director, Department of Development Control,
REA Commences Work On 1.5MW Mini-Grid In Plateau
The Rural Electrification Agency, REA, Tuesday performed the groundbreaking for a 1.5MW Interconnected Mini-Grid project in Pankshin, Plateau State. The project is billed to boost electricity access in the area. The development
CBN Justifies FX Reforms, Pushes For Competitive Naira
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Tuesday defended the apex bank’s foreign exchange reforms, saying Nigeria now operates a transparent and functional foreign exchange market. He said
FG, States Plan Joint Power Sector Control
The Federal Government and National Assembly have reaffirmed their commitment to support complementary roles for federal and state electricity regulators as Nigeria moves toward a multi-tier power market. They said this at
NUPRC To Bid Winners: Pay In 90 Days Or Lose Oil Blocks
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has given winners of Nigeria’s 2025 Licensing Round 90 days to meet all post-award conditions or risk losing their acreage. NUPRC Chief Executive, Oritsemeyiwa Eyesan,
Fayose, Ilyasu, Ahmadu Fit For REA Board Roles — Aliyu
The Managing Director of the Rural Electrification Agency, Dr. Abba Aliyu, has described the appointment of former Ekiti Governor Ayo Fayose, Alhaji Ahmadu Abubakar and Engineer Ilyasu Ibrahim Makinta to the REA
143 Firms Battle For 50 Oil Blocks At 2025 Bid Conference
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, will on July 21, 2026 host 143 qualified companies for the commercial bidding of 50 oil and gas blocks.* Of 286 companies that applied, 196
Two Al-Qaeda-Linked Terrorists Bag Life Sentences
A Federal High Court in Abuja has sentenced two men linked to the Ansaru terrorist group to life in prison. Justice Emeka Nwite handed down the judgment on Monday. The convicts are
Sahara Group Hosts Asharami Square 3.0 To Shape Africa’s Energy Future
Sahara Group is set to host the third edition of Asharami Square, its flagship platform for energy discussions and solutions. The event holds on Wednesday, July 22, 2026 at the Radisson Blu
