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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I Was Never PDP Member-Fubara
Rivers State Governor, Sim Fubara has said he was not really a member of the Peoples Democratic Party, before he defected to the All Progressives Party. Fubara, who said on Thursday after
Nigeria’s Mining Revenue Hits N50bn
Nigeria’s mining revenue has grown from about ₦12 billion to over ₦50 billion in 2025, with the issuance of 867 new mining licences within the year, the Minister of Solid Minerals Development,
Dangote’s Next Battle
By Zayyad I. Muhammad The Petroleum Industry Act (PIA) 2021 does not prohibit the importation of petroleum products into Nigeria. There is no outright ban; rather, the Act supports a
EFCC Arrests Herbalists, Recovers $3.4m, €280, 000 Counterfeit Notes
Operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have uncovered huge counterfeit foreign notes to the tune of $3, 430, 000 (Three Million, Four Hundred and
NMDPRA,NUPRC Bosses Quit
The Chief Executive Officers of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),Gbenga Komolafe have resigned. President Bola Ahmed Tinubu has
Why 100 Power Projects Were Delayed-TCN
The Transmission Company of Nigeria (TCN),has said that persistent funding constraints, right-of-way challenges, vandalism and insecurity have stalled the completion of more than 100 ongoing transmission projects across the country. The Managing
Reps Probe Dangote Allegations Against NMDPRA Boss
The House of Representatives at the plenary on Tuesday resolved to investigate the allegations made by Alhaji Aliko Dangote against Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Boss, Engr Farouk over
Verdict On Emergency Rule Endangers Federalism, Democracy-ADC
The Supreme Court has created a constitutional tyrant in the President by affirming his power to suspend elected governors and state assemblies during a state of emergency, the African Democratic Congress (ADC)
NDIC Commences Liquidation Of Aso Savings, Union Homes
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation process for Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, sequel to the Central Bank of Nigeria’s (CBN)
I Pray Fuel Importers Continue To Lose Profits- Dangote
The President of Dangote Group, Aliko Dangote, says he prays fuel importers in Nigeria continue to lose profit, accusing them of frustrating local refining efforts through continued importation. “Nigerians have a choice:
