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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TCN Pledges Support For Lagos Electricity Regulatory Responsibility
Mohammed Shosanya The Managing Director/CEO of Transmission Company of Nigeria,Engr. Sule Abdulaziz,has promised to support Lagos as it prepares to take up regulatory responsibilities under the new electricity
Recapitalisation:Nine Nigerian Banks Raised N1.7trn Through E-Offering-SEC
Mohammed Shosanya The Director General,Securities and Exchange Commission, SEC, Dr Emomotimi Agama,says so far about N1.682 trillion has been raised by banks through e-offering in the bank recapitalisation exercise.
House Seeks N500bn For DisCos’ Recapitalisation
Mohammed Shosanya The House of Representatives has directed electricity distribution companies (DisCos) in Nigeria to undergo a recapitalisation exercise to the tune of N500 billion. The lawmakers explained that
Reps Probe N30bn Unsettled Insurance Claims
Mohammed Shosanya The House of Representatives has directed its Committee on Insurance and Actuarial Matters to conduct a forensic investigation into over ₦30 billion in unsettled group life insurance
NNPC’s Utapate Crude Grade Enters Global Oil Market
Mohammed Shosanya The Nigerian National Petroleum Company Limited has unveiled its latest crude oil grade, the Utapate crude oil blend,before the international crude oil market.
Okpebholo Dissolves Governing Councils Of Edo Tertiary Institutions
Mohammed Shosanya Edo State Governor,Senator Monday Okpebholo has approved the dissolution of the Governing Councils of all state-owned tertiary institutions. He also approved
Ondo Guber:Ajayi Sues Aiyedatiwa,Deputy Over Qualifications
Mohammed Shosanya The candidate of the Peoples Democratic Party(PDP), in the last governorship election in Ondo State,Agboola Ajayi,has sued the APC governorship candidate, Lucky Aiyedatiwa, and his
Tinubu Sacks Nmandi Azikwe Varsity Council,VC
Mohammed Shosanya President Bola Ahmed Tinubu has approved the dissolution of the Governing Council of the Nnamdi Azikiwe University in Awka, Anambra State, and the removal of
Asharami Synergy Unveils New Retail Station In Rivers
Mohammed Shosanya Asharami Synergy Limited,a Sahara Group downstream company, has commissioned a new retail station in Omagwa, Rivers State, in line with its commitment to driving access to
FCCPC Raises Alarm Over Influx Of Fake Sugar In Nigeria
Mohammed Shosanya The Federal Competition and Consumer Protection Commission (FCCPC) has uncovered the availability of substandard and unregistered sugar products in Nigerian markets, particularly smuggled brands from
