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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EFCC Witness Admits Buhari Approved Local Naira Redesign
A witness of the Economic and Financial Crimes Commission, EFCC, has told the FCT High Court that the late President Muhammadu Buhari approved former CBN Governor Godwin Emefiele’s plan to redesign the
How Ngige Allegedly Awarded N120m NSITF Contract To Non-Bidder-Witness
A prosecution witness in the trial of former Anambra State Governor and ex-Minister of Labour, Chris Ngige, has disclosed to a Federal Capital Territory High Court that a contract for the renovation
NISO Restores Power After Grid Collapse
Nigeria’s national grid has been successfully restored following a grid disturbance that occurred on Tuesday, the Nigerian Independent System Operator, has said. The restoration started before noon on Tuesday and has since
Nigeria, Türkiye Target $5bn Trade Volume, Ink Agreements On Energy, Others
The Republic of Türkiye, targets a $5 billion trade volume with Nigeria. Its President, Recep Tayyip Erdogan,said that discussions to actualise this have already started. He spoke at a joint press briefing
Court Orders FCT Workers To Suspend Strike
The National Industrial Court of Nigeria (NICN), in Abuja, has ordered workers of the Federal Capital Territory Administration (FCTA) to immediately suspend their ongoing strike. It granted an interlocutory injunction sought by
Dangote Refinery Raises Fuel Price By N100, Gives Reason
Dangote Petroleum Refinery & Petrochemical has increased its fuel gantry price by N100, pushing the current cost of the product to N799 per litre in the country. MRS retail stations will sell
Group Asserts Ondo’s Jurisdiction Over Eba Oil Field
Atijere Development Association (ADA)Atijere Kingdom in Ilaje Local Government Area,Ondo state, has claimed that Eba Island,where President Bola Tinubu gave presidential approval for the commencement of commercial oil drilling belongs to Ondo,
Awodi-07 Discovery Solidifies Capacity Of NNPC/CNL JV To Boost Nigeria’s Hydrocarbon Reserves, Says Ojulari
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited,NNPC Ltd, Engr. Bashir Bayo Ojulari, has said the successful completion of the Awodi-07 appraisal and exploration well further reinforces the strength of
IPOB’s Sit-At-Home Order:Soludo Shuts Onitsha International Market
Anambra State Governor, Prof. Charles Chukwuma Soludo on Monday, shut Onitsha International Market for one week, following the failure of the market leadership to open for businesses against the directive of the
How Suspected Drug Traffickers Attacked, Injured Two Customs Personnel In Ogun
The Nigeria Customs Service (NCS), Ogun I Area Command, has confirmed a violent attack on some of its officers by suspected armed drug traffickers during an anti-smuggling operation at Akokoro area of
