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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Alleged Soldier Attack: JED Reports To DSS, Pulls Staff
The Jos Electricity Distribution (JED) Company, has condemned the alleged attack by soldiers of the Nigeria Army School of Military Engineering (NASME) on one of its staff, attached to the Injection Sub-staion
1% NCDF Remittance Remains Mandatory, NCDMB Warns Oil Firms
The Nigerian Content Development and Monitoring Board (NCDMB), has warned operators, contractors, and service companies in the upstream sector of the Nigerian oil and gas industry of their mandatory obligation to remit
Beware Of Fake Contract Deals, NUPRC Warns
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has raised alarm ove4 activities of fraudsters impersonating officials of the Commission and offering fake contract deals in order to extort money from unsuspecting victims.
Dangote Secures $400M Equipment Pact To Boost Refinery Output
Dangote Group has inked a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s manufacturers of construction machinery. The act is pursuant to accelerate the expansion of
NDPC Investigates Temu For Data Protection Act Breaches
The Nigeria Data Protection Commission (NDPC), has ordered an immediate investigation of the data processing activities of Temu which may be in violation of the NDP Act. Its National Commissioner/CEO, Dr Vincent
TCN Restores 330kV Shiroro–Mando Line, Boosts Power In Kaduna
The Transmission Company of Nigeria (TCN) has restored the 330kV Shiroro–Mando Transmission Line 1. Conveying this in a statement, Ndidi Mbah, General Manager, Public Affairs, explained that the line was restored at
States Must Embrace Technology To Secure Revenue Growth-NRS
The Executive Chairman of the Nigeria Revenue Service (NRS), Mr. Zacch Adedeji, has said that the integration of technology into revenue systems is no longer optional but critical to the success of
Insecurity:US Military Trainers Arrive Nigeria
The Defence Headquarters (DHQ), on Monday announced the arrival of about 100 United States military personnel and associated equipment at Bauchi Airfield. The deployment forms part of the deliberation during a working
Aret Adams Lecture Examines African Energy Bank As Future Finance Hub
The 2026 edition of Aret Adams Memorial Lecture will dissect the prospects of African Energy Bank. The lecture will hold on the 27th of February, 2027 at the Muson Centre,Lagos. The theme
Is Nigeria Borrowing To Survive Or To Build?
By Blaise Udunze Nigeria is no longer flirting with deficit financing. As a country, it is living with it, not occasionally but structurally, routinely, almost comfortably. It became evident when the National
