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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Nigeria Gets $50bn In FDI, Disburses N50bn To 894 MSMEs
Dr. Jumoke Oduwole, the Minister, Industries, Trade and Investment says the Federal Government tracked $50B in committed Foreign Direct Investment (FDI) in January 2025. She also said that already tracking mechanism has
DisCos Billed Customers N238.21bn In December
Twelve electricity distribution companies(DisCos) billed customers a total of N238.21 billion for electricity consumed in last December, the Nigerian Electricity Regulatory Commission (NERC),has said. Of the total billings of ₦238.21 billion, DisCos
60% Manufacturers Exit National Grid-FG
Over 60 percent of manufacturing companies in Nigeria have been forced to exit the national grid due to unreliable power supply, and have resulted in self-generation of power which have driven production
One Jailed For Vandalising Kaduna Electric Equipment
Kaduna Electric has secured the conviction of one Ibrahim Mohammed, who was found guilty of vandalizing the company’s electricity installations in Gidan Daji community, Kaduna. The Chief Magistrate, Court 2, Daura Road,
Nominate Procurement Professional Into Board Of Ajaokuta Steel Project Special Purpose Trust Fund, Group Advises
The CSO Coalition for the Revival of Ajaokuta, has advocated the need for procurement professional on the board of the proposed Ajaokuta Steel Project Special Purpose Trust Fund. The group also suggested
Crisis:Fubara Agrees To Obey Supreme Court Orders
Rivers State Governor, Sir Siminalayi Fubara has assured Rivers people that he will implement. the recent Supreme Court judgment on the lingering political crisis in the State. The Governor in a Sunday
CBN Strengthens Regulatory Oversight To Protect Nigeria’s Financial System
The Central Bank of Nigeria (CBN),has reaffirmed its commitment to maintaining a transparent and resilient financial system by reinforcing regulatory compliance and risk management across Nigerian financial institutions. At a high-level Mandatory
Don’t Adjust Electricity Tariff Again,Labour Warns FG
The Nigeria Labour Congress,has cautioned the Federal Government against further increment in electricity tariff in the country. Joe Ajaero, NLC President and Emmanuel Ugboaja, General Secretary of NLC conveyed this on Sunday,
FG Commends Shell For Increased Confidence In Nigeria’s Energy Sector
Minister of State for Petroleum Resources (Oil),Senator Henieken Lokpobiri, has commended Shell companies in Nigeria for the continued confidence in Nigeria’s energy sector. He gave the commendation when he visited the exhibition
Dangote Refinery Refunds Customers Who Buy Petrol Above Advertised Rates
Dangote Petroleum Refinery & Petrochemicals will refund customers who purchase Premium Motor Spirit (PMS) at rates higher than the advertised prices from any of its key partners – AP (Ardova Plc), Heyden,
