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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Shoddy Job:FG Terminates Contract Of With Levant Construction Ltd
The Minister of Works, Engineer David Umahi has terminated the contract with Levant Construction Ltd on the reconstruction of Benin-Sapele-Warri Road (Section 1: Benin – Imasabor). being executed under Road Infrastructure Development
FAAC Disburses N1.659trn To FG, States, LGs
The Federation Account Allocation Committee (FAAC) has shared N1.659 trillion to the Federal Government, States and the Local Government Councils as revenue in the month of May, this year. Bawa Mokwa, the
Low Bids Mar Sales Of Five Power Plants-FG
The Federal Government has not sold its five National Integrated Power Projects (NIPPs) due to low bids from potential buyers, which failed to match the government’s investment expectations,Engr. Oluwagbenga Ajiboye, Executive Director,
NLNG Endorses Oriental News Confab On Energy Security
The Nigeria Liquified Natural Gas Limited (NLNG) will serve as the keynote speaker at the 2025 Oriental News Nigeria national conference billed to hold on Lagos next month. Besides, other key agencies
TCN Inaugurates Committee To Drive Performance Improvement
The Transmission Company of Nigeria (TCN) has inaugurated its Performance Improvement Plan/Power Sector Recovery Operation (PIP/PSRO) Committee. Ndidi Mbah, General Manager, Public Affairs, disclosed this in a statement on Wednesday. The statement
NUPRC Issues Fresh Guidelines To Track Nigeria’s Crude Oil, Petroleum Exports
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released fresh guidelines for the advanced cargo declaration regime, a move aimed at enhancing transparency, accountability and efficiency in Nigena’s crude oil and petroleum
GOGGP: Nigeria, Equatorial Guinea Sign Deal On Project Implementation Roadmap
Nigeria and Equatorial Guinea have signed a joint communiqué outlining the roadmap for the implementation of the Gulf of Guinea Gas Pipeline (GOGGP) Project Treaty. The communique was signed by the Minister
Implementation Of CNG Project In North Poor, Group Claims
The Centre for Human Resource and Development(CHRD), has lamented poor implementation of Compressed Natural Gas (CNG) project in northern part of the country. The group implored the Federal Government to probe the near
Oloibiri Museum:Promoters Hand Over Project Site To Julius Berger
Project promoters of the Oloibiri Museum and Research Centre (OMPRC), Otuabagi, in Ogbia Local Government Area of Bayelsa State,on Tuesday handed over the project site to Messers Julius Berger Plc, a renowned
Recapitalisation:CBN Releases Routine Transitional Guidelines For Banks
The Central Bank of Nigeria (CBN) introduced time bound measures for a small number of banks still completing their transition from the temporary regulatory support provided, mostly in response to the economic
