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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Power Crisis:Groups Differ On Call For Adelabu’s Resignation
The Conference of Nigeria Political Parties (CNPP),the Coalition of National Civil Society Organisations (CNCSOs) and the Coalition of Concerned Progressives ( COCOP), have differed on calls for the the immediate resignation of Nigeria’s
Oando Joins Afreximbank’s AfrexInsure Portfolio
AfrexInsure, the specialty insurance subsidiary of African Export-Import Bank , has announced its onboarding of Oando Plc as one of its strategic clients, further strengthening the business relationship between Oando PLC and
Tinubu, Akpabio To Appear In Court Over Rivers’ Emergency Rule
A Federal High Court in Port Harcourt has summoned President Bola Tinubu, the Senate President, Senator Goodwill Akpabio the Speaker of the House of Representatives, Tajudeen Abbas; the National Assembly and the
NEITI Recovers $4.85bn In Oil, Gas Debts
The Nigeria Extractive Industries Transparency Initiative (NEITI) has recovered $4.85 billion from unpaid liabilities owed by oil and gas companies in the country. At a press conference in Abuja, Dr. Orji Orji,
Lassa Fever Kills 118 Nigerians In Three Months-NCDC
The Nigeria Centre for Disease Control and Prevention (NCDC),says Lassa fever claimed 118 lives in the first quarter of this year, just as it has intensified its response to fame the spread
Adelabu, Kyari,Others For Honour At Energy Times Awards
The Minister of Power, Adebayo Adelabu; the Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPCL), Mele Kolo Kyari; Ekiti State Governor, Biodun Oyebanji and his Gombe State counterpart,
NDIC Upscales Efforts To Compensate Depositors Of Defunct Heritage Bank
The Nigeria Deposit Insurance Corporation (NDIC) has reassured depositors of the defunct Heritage Bank that significant progress has been made to reimburse insured deposits, following the revocation of the bank’s license by
Suspension Of Crude-For-Naira Deal Threat To Local Refineries-NESG
Nigerian Economic Summit Group (NESG) says the federal government’s failure to extend the crude-for-naira deal could undermine the incentives that enabled local refining success in the country. It could also derail the
Fuel Subsidy Removal Stays, Tinubu Insists
Nigeria had reached a point of no return on the removal of fuel subsidy, President Bola Tinubu,has said. He spoke at a special Iftar held in his honour at the Presidential Villa
MRS Oil Explains Exit From NGX
MRS Oil has concluded arrangements for the voluntary delisting of all its issued shares from the Nigerian Exchange Ltd. (NGX) and later admission to the NASD OTC Securities Exchange. Its decision was
