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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More DisCos Could Slip Into Receivership Soon-CPPE
The Centre for the Promotion of Private Enterprise,CPPE ,has said that more power distribution companies in Nigeria could slip into receivership soon. Its Chief Executive Officer,Dr.Muda Yussuf,who said this in a statement
We’re Not In Receivership, Ikeja Electric,Others Say
Egbin Power Plc, Ikeja Electric Plc (IE) and First Independent Power Limited (FIPL), have faulted reports alleging the appointment of “Kunle Ogunba Esq. SAN” as Receiver/Manager over the entities. In a statement,
How Nigeria Can Achieve Sustainable Energy Future-Shell
Nigeria’s efforts to achieve a sustainable energy future will deliver the desired results if the country introduces the right polices and deploys fit-for-purpose technology, while at the same time developing a robust
NCAA Suspends ValueJet Pilots Over Safety Breach
The Nigeria Civil Aviation Authority (NCAA) has suspended ValueJet Pilots over security beach. The action will remain in place pending the conclusion of a full investigation into the incident,it said. The agency
APC UK Chapter Visits National Chairman, Pledges Support
A delegation from the United Kingdom chapter of the All Progressives Congress (APC) on Tuesday, paid a congratulatory visit to the new National Chairman of the party, Professor Nentawe Goshwe Yilwatda, at
Nigeria Needs Sustainable Energy To Reshape Future- Seplat Energy
Nigeria needs sustainable and secure energy that is shared by all to boost its fortunes and reshape the future,Seplat Energy Plc, has said. The Chief Operating Officer, Seplat Energy Plc, Mr. Samson
Q1:Portfolio Investments, UK Inflows Push Nigeria’s Capital Importation To $5.64Billion
Nigeria’s total capital importation soared to $5.64 billion in the first quarter of 2025, marking a significant 67.12% increase compared to the $3.38 billion recorded in the same period last year. The
Tariff Slash:Enugu DisCo Risks N1Billion Monthly Loss
The Enugu Electricity Distribution Company (EEDC) is reporting a likely monthly loss exceeding N1 billion due to a recent reduction in electricity tariffs,which was recently enforced by the Enugu Electricity Regulatory Commission
ADC:State Chairmen Reject David Mark’s Leadership
State chairmen of African Democratic Congress (ADC) have rejected the leadership of Senator David Mark, describing it as an orchestrated political coup. They also tagged his leadership as a “blatant and reckless
Lawyers Seek Forensic Investigation Into Refinery Rehabilitation, OVH Acquisition
Lawyers under the Forum of Forensic Investigation Lawyers working with Kingdom Human Right group, have advocated the need for forensic investigation into the refinery rehabilitation and OVH acquisition. They also implored President
