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
Suggestions
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
Nuhu Ribadu For President 2031?
By Zayyad I. Muhammad The Nigerian political landscape is never short of intrigue, speculation, and high-stakes maneuvering. The latest storm centers around Mallam Nuhu Ribadu, Nigeria’s National Security Adviser (NSA), and allegations
Fresh Electricity Tariff Hike Inevitable -FG
The Federal Government is considering increasing electricity tariffs for customers outside the Band-A category to improve the liquidity of the thr country’s electricity supply industry. Chief Adebayo Adelabu, the Minister of Power,
FCCPC Directs MultiChoice To Maintain Old Prices
The Federal Competition and Consumer Protection Commission (FCCPC),has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded. A statement on Thursday
Oil Marketers Suspend Planned Strike
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday urged its members to refrain from looming industrial action. The group is engaging with the Nigerian Midstream and Downstream Petroleum Regulatory Authority
