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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BPP Saves Nigeria From N1.9trn Contract Fraud
The Bureau of Public Procurement,saved Nigeria the sum of N1.9 trillion from contracts fraud perpetuated over the years. Its Director – General, Dr Adebowale Adedokun,who disclosed this in Abuja on Thursday during
EFCC To Arraign Oba Otudeko,Ex-First Bank Boss Over Alleged N12.3bn Fraud
A Lagos Federal High Court,will next Monday, arraign Oba Otudeko, the Group Chairman of Honeywell Group, and the former Chief Executive Officer/Managing Director of First Bank Plc, Stephen Olabisi Onasanya, over alleged
Eterna Plc Appoints Adeosun As New CEO
The Board of Directors of Eterna Plc has appointed Mr. Olumide Adeosun as the new Managing Director/Chief Executive Officer of Eterna Plc. According to a statement issued on Thursday by David Edet,
Eni Gives 30 Postgraduate Scholarship To Nigerians
Eni’s subsidiary,Nigerian Agip Exploration Limited (NAE), on behalf of NNPC Limited and NAE PSC,has awarded scholarships to 30 Nigerian graduates for Post Graduate studies in Nigerian and overseas Universities under its 2024/2025
Chevron Nigeria Restates Commitment To Reduction Of Carbon Emission
Chevron Nigeria has restated its stand on continuous investment in reducing carbon intensity and expanding lower-carbon businesses,thereby supporting a lower carbon future. Chairman and Managing Director of Chevron Nigeria, Jim Swartz stated
Nigeria’s Inflation Rate Hits 34.80%
Nigeria’s headline inflation hits 34.80%in December 2024,according to the latest report released by the National Bureau of Statistics (NBS). The latest headline inflation rate showed a marginal increase of 0.20% compared to
Nigerian Correctional Service To Recruit 5,000 Officers
President Bola Ahmed Tinubu has directed the recruitment of 5,000 new personnel into the Nigerian Correctional Service (NCS). Mr.Sylvester Nwakuche Ndidi,the Acting Comptroller General of the NCS,disclosed this during his appearance before
Niger Delta Indigenes Seek 40% Oil Bloc Licenses
A group under the Niger Delta Community Youths Association based in Bayelsa, Akwa-Ibom, Edo,Rivers, Cross-River, Delta, Imo, Abia and Ondo States have faulted the recent allocation of oil bloc licenses by the
NNPCL Remits N10trn To Federation Account
The Nigerian National Petroleum Company Limited (NNPCL), has remitted N10 trillion to the federation account as at September,2024. The Group Chief Executive Officer (GCEO) of the company,Mele Kyari,disclosed this on Wednesday during
REA Targets Solar-Powered Energy For Public Institutions
The Rural Electrification Agency (REA) has identified the provision of solar-powered energy to public institutions as a central focus of its agenda for the 2025 fiscal year. The agency said this strategic
