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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Oyo Speaker Laments Poor Implementation Of Anti-Open Grazing Law
The Oyo State House of Assembly has expressed concerns over the poor implementation of the Open Rearing and Grazing Regulation Law and the Oyo State Security Network Agency Law, which established the
SEC Disowns CBEX, Launches Manhunt For Promoters
The Securities and Exchange Commission, has said that Crypto Bridge Exchange also known as CBEX was not granted registration by the Commission at any time to operate as a Digital Assets Exchange.
FG Confirms Release Of Detained Nigerian Tourists In Cape Verde
The Ministry of Foreign Affairs has confirmed the release of six Nigerian nationals that were detained in Cape Verde. Foreign Affairs Spokesperson, Kimiebi Ebienfa confirmed their release in a statement on Thursday.
Rivers Court Didn’t Order Sack Of Sole Administrator- Registrar
The Rivers State High Court, has faulted a news report claiming that Governor Siminalayi Fubara had secured a court order directing the Sole Administrator of the state to vacate the Government House,
PIA: Reps Begin HCDT Funding Review To 10%
The Deputy Chairman of the Federal House Of Representatives’ Committee on Petroleum Resources (Upstream), Hon. Sesi Oluwaseun Whingan, says the National Assembly is currently on the process of amending the Petroleum Industry
Ojulari Targets $60bn Sectoral Investments, 3m Barrels Per Day Crude Oil Output
Mr.Bayo Ojulari, the new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited,has unveiled his agenda for the company. Ojulari,who conveyed this in a statement by Olufemi Soneye, the Chief
NDPHC Invests N500bn In Transmission Infrastructure
The Niger Delta Power Holding Company (NDPHC), has invested approximately N500 billion in developing transmission infrastructure and networks in the country. Its Managing Director/CEO,Engr. Jennifer Adighije, disclosed this on Thursday, when she
Why We’re Rebranding-NiPeTE
The Nigerian Institution of Petroleum Engineers (NiPeTE), a division of the Nigerian Society of Engineers , has announced plans to rebrand as the Nigerian Institute of Petroleum and Gas Engineers. It explained
Oborevwore To Renaissance:Your Operations Are Safe In Delta
Delta State Governor, Sheriff Oborevwore, has pledged his administration’s support for the operations of Renaissance Africa Energy Company Limited, successor to the Shell Petroleum Development Company and operator of the NNPC/Renaissance/TotalEnergies/AENR Joint
Tariff Adjustments Raise Power Sector Revenue To ₦1.7trn-Adelabu
Chief Adebayo Adelabu, the Minister of Power has said Nigeria’s power sector’s revenue rose by 70% in 2024, from ₦1.05 trillion in 2023 to ₦1.7 trillion, on account of cost-reflective tariff adjustments
