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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Access Bank Celebrates 10th Lagos City Marathon,Harps On Community Development
Access Bank Plc recently celebrated the 10th anniversary of the Access Bank Lagos City Marathon, highlighting the platform’s ability to foster unity, promote healthy lifestyles, and showcasing African excellence on the global
Lekoil Gets SEC Nod For N100bn Bond Issuance Programme
Lekoil Nigeria Limited, an indigenous oil and gas exploration and production company, has announced the approval of its N100 billion bond programme by the Securities and Exchange Commission (SEC). The bond, facilitated
CBN Orders Banks To Publish Dormant Accounts, Unclaimed Balances
The Central Bank of Nigeria (CBN),has ordered banks and other financial institutions to publish the list of dormant accounts, unclaimed balances and other financial assets. The directive was in compliance with the
Alleged Fraud:Benue Assembly Recommends Sack Of Chief Judge
The Benue State House of Assembly (BNHA),has recommended the immediate sack of the Chief Judge (CJ) of Benue State, Justice Maurice Ikpambese. The legislators also recommended the replacement of the CJ, with
National Assembly Revises 2025 Budget
The National Assembly has made amends to certain line items in the 2025 Appropriation Bill passed by both the Senate and House of Representatives last week, due to the discovery of errors
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
