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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NLC To FG: Don’t Let Middle East Tensions Fuel Poverty In Nigeria
The Nigeria Labour Congress (NLC), has cautioned the Federal Government against using the escalating tensions in the Middle East to fuel poverty in Nigeria.Its President, Joe Ajearo,who conveyed the warning in a
NESG Says Middle East Crisis Could Fetch N30trn For Nigeria, Cautions Against Waste
The Nigerian Economic Summit Group (NESG),has said that Nigeria could make N30 trillion additional oil revenue if the crisis in the Middle East persists and push global crude prices to $130 per
Fola Adeola: Nigerian News Sphere Highlights Things To Know About Head Of Nigeria’s Presidential Petroleum Reform Task Force
President Bola Ahmed Tinubu on Friday appointed Fola Adeola as chairman of a nine-member Presidential Petroleum Reform and Value Optimization Task Force charged with designing and coordinating the next phase of structural
#NLNGChangeYourStory Workshop Upgrades Media Professionals For Digital Era
The Nigeria Liquefied Natural Gas has completed the second edition of the #NLNGChangeYourStory media workshop for 2026, which took place in Lagos recently. The workshop convened 40 participants representing diverse media outlets
Recapitalisation Without Transformation Is A Risk Nigeria Cannot Afford
By Blaise Udunze In barely two weeks, Nigeria’s banking sector will once again be at a historic turning point. As the deadline for the latest recapitalisation exercise approaches on March 31, 2026,
NUPRC Enforces Drill Or Drop Rule, Ends Era Of Idle Oil Licences
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will no longer allow oil companies to hold onto petroleum prospecting licences without developing the assets. Its Chief Executive Officer, Oritsemeyiwa Eyesan, declared this while
Fola Adeola, GTB Co-Founder Heads New Presidential Taskforce To Reshape Nigeria’s Oil, Gas Industry
President Bola Tinubu has created a Presidential Petroleum Reform and Value Optimisation Taskforce to design the next phase of structural reforms in the country’s petroleum sector. Mr Fola Adeola, co-founder of Guaranty
EFCC Restores $225k, ₦62.79m To Foreign Fraud Victims
The Economic and Financial Crimes Commission, EFCC, has handed over a total sum of $225,895 (Two Hundred and Twenty-Five, Eight Hundred and Ninety-Five United States Dollars) and ₦62,790,000 (Sixty-Two Million, Seven Hundred
Makinde Inaugurates Acting OYSERC Board To Drive Power Reform
Governor, ‘Seyi Makinde, has appointed the Commissioner for Energy and Mineral Resources, Prof. Dahud Kehinde Shangodoyin, as the Acting Chairman of the Oyo State Electricity Regulatory Commission (OYSERC) in order to fast
Shell Restarts 225,000 BPD Bonga Field, Boosting Nigeria’s Oil Output
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has announced the completion of the turnaround maintenance on the Bonga Floating Production, Storage and Offloading (FPSO) vessel, leading to resumption of production at
