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
The Lagos State House of Assembly has appointed four new principal officers sequel to Monday’s impeachment of the former Speaker,Mr. Mudashiru Obasa. The Speaker,Mrs Mojisola Meranda (APC-Apapa 1),disclosed this on Friday while
Electricity lines supplying power to various parts have been attacked and damaged by vandals,causing blackout in some parts of Presidential Villa and other areas of Abuja. The Transmission Company of Nigeria announced
By Wale Shonibare, African Development Bank’s Director of Energy Financial Solutions,Policy, and Regulation Across Africa,the sunlight shines bright and natural resources abound.Yet despite that lies a pressing issue that threatens to stifle
Dangote Petroleum Refinery,has increased the price of Premium Motor Spirit (PMS), also known as petrol,on account of the rising global crude oil prices. In a statement released on Friday, the refinery disclosed
The Export-Import Bank of the United States (EXIM),has signed a memorandum of understanding (MOU) with the Nigerian Export-Import Bank (NEXIM) to deepen economic cooperation. The agreement was signed by Exim President and
The apex decision making body of Ikwerre ethnic nationality in Rivers State, Ogbakor Ikwerre Cultural Organisation Worldwide, has withdrawn all honours, recognitions and titles bestowed on the newly elected President General of
The Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri,has declared that the oil and gas industry is now fully deregulated. He told journalists at the end of the inaugural meeting
The Petroleum and Natural Gas Senior Staff Association of Nigeria,has cautioned the Federal Government against making excuses for frequent power failures in the country. President of the union,Comrade Festus Osifo,who said this
The Nigeria Midstream and Downstream Regulatory Authority (NMDPRA),has said that the country’s capacity for compressed natural gas (CNG) conversion has surged by an estimated 2500%,in the last one year. Its Chief Executive
Governor Mohammed Umar Bago of Niger state,has proscribed payment of all Parent Teachers Association (PTA) levies in public primary and secondary schools. He announced this during a day working visit to inspect