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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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
NLNG Seeks National Prioritization Of Energy Security
The Nigeria Liquefied Natural Gas Limited, has advised the Federal Government to give energy security national priority. The company emphasised the need for proactive measures to protect energy infrastructure and drive sustainable
FG Gives IBEDC 7-Day Ultimatum To Recall 3,000 Sacked Workers
The Federal Ministry of Labour and Employment has issued a seven-day ultimatum to the management of Ibadan Electricity Distribution Company (IBEDC) and its outsourcing firm to renegotiate recent sack of 3,000 workers
Ramadan:Dangote Cuts Petrol Price By N65
Dangote Petroleum Refinery and Petrochemicals has slashed the price of Premium Motor Spirit (PMS), or petrol, for the second time this month. It has cut N65 off the previous price of N890,
JOSTUM Shuts Varsity Over Abduction Of Students
The Joseph Sarwuan Tarka University, Makurdi, (JOSTUM), has imposed a compulsory one week mid-semester break on all students of the university following the abduction of four female students by gunmen. The one
