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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Chevron, Parties Sign Agreement For Aseng Gas Monetization Project In Equatorial Guinea
Noble Energy EG Ltd. (a Chevron company) with its co-venturers, and the government of Equatorial Guinea have signed agreements for the Aseng Gas Monetization Project. The execution of the agreements is subject
NESG Urges Revamped Human Capital Alignment For National Growth
Dr. Tayo Aduloju, Chief Executive Officer of the Nigerian Economic Summit Group (NESG), has urged stakeholders to critically evaluate existing strategies and align efforts toward shifting Nigeria’s human capital trajectory in a
Navy Intercepts 44,000Litres Of Stolen Diesel In Rivers
The Nigerian Navy has dismantled a major oil theft syndicate in Rivers State, arresting eight suspects and recovering 44,000 litres of illegally refined Automotive Gas Oil (AGO), in a significant crackdown on
Secure ₦28 Trillion Pension Asset, FG Charges PenCom Board
The Federal Government has charged members of Governing Board of the National Pension Commission (PenCom) to uphold the highest standards of corporate governance and safeguard over ₦28 trillion in pension assets under
REA Accelerates Rural Electrification, Disburses ₦3.2bn For Bauchi Project
The Rural Electrification Agency (REA) has disbursed ₦3.2 billion to Zanoplus for the rapid deployment of solar mini-grid projects across strategic locations in Bauchi State, marking a robust continuation of the agency’s
Ijebu-Ode Rape Scandal: Petitioners Allege Police Cover-Up, Command Denies
A controversy has erupted in Ijebu-Ode, Ogun State, following a petition by the Safer Society for Children (SSC) Foundation and the Elegant Nurses Forum (ENF), demanding justice over the alleged gang rape
NLC Rejects N6trn Power Bailout, Demands Ministry Merger
The Nigeria Labour Congress, NLC, has faulted the proposed N6 trillion bailout for power generation companies, GENCOs, and distribution companies in the country, saying that the government should not use public funds to
Middle East Crisis Threatens Nigeria’s Inflation Stability, Purchasing Power, Says Tinubu
President Bola Tinubu, on Sunday in Lagos, said the escalating Middle East crisis will spike inflation and affect Nigeria’s purchasing power. Tinubu, who spoke whenhosted the Vice President Kashim Shettima and 23
Dangote Ships 12 Cargoes Of Fuel To Ghana, Cameroon, Togo, Others
The Dangote Petroleum Refinery has solidified Nigeria’s presence in the regional energy market with the successful sales of 12 cargoes, by traders, totaling 456,000 tonnes (456KT) of refined petroleum products. The shipments
Umahi Files Lawsuits As Tracy Ohiri Fails To Produce Evidence In Debt Scandal
Minister of Works, David Umahi, has ordered his legal team to commence legal action against businesswoman, Tracy Ohiri over her alleged failure to provide credible evidence to back her claims, escalating the
