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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Dangote Refinery Explains Suspension Of Petrol Sale In Naira
Dangote Petroleum Refinery and Petrochemicals has suspended the sale of petrol and other products to marketers in Naira. In a statement on Wednesday,it attributed the development to the fact that it no
Oyo Assembly Suspends Saki – East Council Boss Over Misconduct, Embezzlement
The Oyo State House of Assembly has suspended the Chairman, Saki East Local Government, Mr. Adedokun Emmanuel over various allegations ranging from Party misconduct, lack of religious tolerance, inappropriate funds allocation among
FAAC Disbursed N15.26trn To FG,States,LGs In 2024
The Federation Accounts Allocation Committee (FAAC) disbursed N15.26 trillion to the Federal, State, and Local Governments in 2024, Nigerian Extractive Industry Transparency Initiative (NEITI) FAAC Quarterly Review, released in Abuja on Tuesday
Emergency Rule In Rivers Unconstitutional-PDP
The Peoples Democratic Party (PDP) has rejected the emergency rule placed on Rivers State by President Bola Ahmed Tinubu on Tuesday. It said President Tinubu has no power to suspend a democratically
Tinubu Declares State of Emergency In Rivers
President Bola Tinubu has declared a state of emergency in Rivers State for a six month period. He said he acted based on Section 305 of the 1999 Constitution The president made
Rivers Crisis: Tinubu To Address Nigerians Tonight
President Bola Tinubu will address the nation today in a nationwide broadcast on the situation in Rivers State. A statement by Bayo Onanuga, Special Adviser on Information and Strategy to the President
Ondo:Police Arrest Kidnappers’ Spies
Police in Ondo State have arrested some commercial motorcyclists popularly known as Okada riders spying for kidnap syndicate. Commissioner of Police Wilfred Afolabi of Ondo State Police Command, disclosed this while briefing
Sterling Oil:PENGASSAN Seeks Immediate Re-instatement Of Sacked Workers
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN),has demanded the immediate re-absorption of 18 members of the union who were sacked for protesting what they termed as unfair labour
NNPC Pledges Effective Use Of Host Community Funds
The Nigerian National Petroleum Company Limited, has reaffirmed its commitment to ensuring that funds allocated under the Petroleum Industry Act (PIA) are effectively utilized to deliver meaningful development in host communities. The
Nigeria’s Inflation Drops By 1.30%
Nigeria’s headline inflation rate eased to 23.18% in February 2025, relative to the January 2025 headline inflation rate of 24.48%, a report by the National Bureau of Statistics (NBS) said. The report
