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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NLNG Reiterates Commitment To Carbon Emission Reduction
The Nigeria Liquefied Natural Gas Limited is focused on reducing carbon emissions to meet evolving market expectations, its Deputy Managing Director, Olakunle Osobu, has said. He said this in his keynote address during a
Delta:Police Rescue Five Kidnapped Church Members
The police in Delta State have rescued five members of Elyon Paradise Ministry who were kidnapped last Saturday in Ogwashi-uku, Aniocha South Local Government Area of the state. In a statement by
We Approved 50% Telecom Tariff Hike To Avert Massive Job Losses-FG
The Federal Government,on Thursday defended its decision to approve a 50% tariff hike for telecommunications services, hinging it on job protection for Nigerians and the need to stop the multinational firms leaving
NIES:Seplat Energy’s Acquisition Deal Receives Industry Recognition
Seplat Energy Plc, has received wide recognition from the Nigerian energy industry and other international stakeholders for its recent completion of the Mobil Producing Nigeria Unlimited (MPNU) acquisition. The company completed
Seplat Energy Ready To Increase Nigeria’s Oil, Gas Output-CEO
Seplat Energy is now one of the largest oil and gas producers in Nigeria following its recent acquisition of Mobil Producing Nigeria Unlimited. Besides,the company said it’s ready to increase Nigeria’s oil
CNL Wins Sustainable Energy Business Award,Renews Commitment To Nigeria’s Growth
Chevron Nigeria Limited,has been recognized with the Sustainable Energy Business award at the eight edition of the Nigeria International Energy Summit (NIES), which kicked off on Monday February 24, 2025, at Abuja
FAAC Disburses N1.703trn To FG, States, LGCs In January
The Federation Account Allocation Committee (FAAC), has shared a total sum of N 1.703 trillionto the Federal Government, States and the Local Government Councils for the month of January, 2025. Bawa Mokwa,
Shell Supports Reforms In Nigeria’s Oil,Gas Industry
Shell has pledged support for the recent reforms in the oil and gas industry in Nigeria, saying they are veritable vehicles to reposition the sector for growth and profitability. Senior Vice President
NDIC Advocates Legal Collaborations In Bank Liquidation, Debt Recovery
The Nigeria Deposit Insurance Corporation (NDIC) has emphasized the need for stronger legal collaborations to enhance the processes of bank liquidation, debt recovery and other core mandates of the Corporation. Bello Hassan,
How Nigeria’s Downstream Sector Can Attract Investment-Eterna Plc Boss
Olumide Adeosun, Managing Director and Chief Executive Officer of Eterna Plc,has emphasized that safety and regulatory stability are fundamental pillars for attracting investment in the downstream sector. He revealed this in a
