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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Why Bank Directors With Bad Loans Must Quit-CBN
The Central Bank of Nigeria has ordered bank directors with non-performing insider-related loans to step down immediately. The Acting Director of Banking Supervision, Adetona Adedeji, issued the directive in a circular on
CPPE Boss Seeks Caution Over Drop In Nigeria’s Inflation Rate
Dr.Muda Yussuf,the Chief Executive Officer of Centre for the Private Enterprise,CPPE,has advocated the need for cautious celebration of Nigeria’s reduction in inflation to 24.48% in January 2025 In a statement on Tuesday,Yusuf clarified
Nigeria’s Inflation Rate Drops To 24.48%
Nigeria’s inflation rate has dropped to 24.48% following the rebasing of the Consumer Price Index (CPI). The National Bureau of Statistics (NBS) announced the downward trend,saying it signals a potential shift in
NERC Goes Tough On Electricity Theft
The Nigerian Electricity Regulatory Commission (NERC) has introduced an amended order designed to curb unauthorized access to electricity, meter tampering, and bypass. The Amended Order on Unauthorized Access, Meter Tampering, and By-pass,
UCH Doctors Begin Indefinite Strike Over Power Outage
Residents Doctors at the University College Hospital (UCH),on Tuesday commenced indefinite strike over power supply cut into their hostels. At a press conference, the association’s General Secretary, Dr Uthman Adedeji lamented the prolonged
Edwin Clark Dies
Former Federal Commissioner for Information and South-South leader, Edwin Clark is dead. He was 97 years old. His death was confirmed in a statement by a representative of the family, Prof. C.
Why Fuel Smuggling Persists-NCS
Comptroller General, CG, Nigerian Customs Service, NCS, Bashir Adewale Adeniyi,says differentials in the pump price of fuel in Nigeria and other neighborring countries has continued to encourage smuggling of the petroleum product.
How Ex-Kwara Governor Allegedly Diverted UBEC Funds, Abandoned 51 Projects- Witness
Abubakar Hassan, an Assistant Director of Finance at Universal Basic Education Board (UBEB), has told a Kwara State High Court how former Governor of Kwara State, Alhaji Abdulfatah Ahmed, diverted the board’s
I’ve No Plan To Marry Chika Ike-Ned Nwoko
Senator Ned Nwoko,a lawmaker representing Delta North Senatorial District in the National Assembly,has denied plan to married another wife, saying that no amount of blackmail disgrace will stop him from fighting for
Police Declare Portable Wanted For Attacking Govt Officials
The Ogun State Police Command on Monday,declared Habeeb Okikiola Olalomi, popularly known as “Portable”, wanted for his involvement in a violent attack on government officials carrying out their lawful duties. The Command’s
