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
Suggestions
Why Nigeria’s Economic Crises Worsen -NESG
The Nigerian Economic Summit Group (NESG),has identified some factors responsible for worsening economic crises threatening full economic rebound in the country. Mr. Asue Ighodalo, Chairman of the NESG, stated this in Abuja at
Ekiti Retirees Seek God’s Intervention Over Unpaid N1.8bn Gratuities
Retirees in Ekiti State have sought God’s help over unpaid N1.8billion gratuities by the state government. The Nigerian Union of Pensioners (NUP) ,members held an inter-denomination prayer session in Ado-Ekiti,where they revealed
Man Gets Life Jail For Defiling Minor
A Lagos State Domestic Violence and Sexual Offences Court,has sentenced Sunday Oyedele to life imprisonment for defiling three-year-old neighbour. Justice Abiola Soladoye , in her verdict,described the convict as a sexual monster
Nigeria’s Corruption Rating In West Africa Drops
Transparency International (TI) has rated Nigeria as second most corrupt country in West Africa, after Guinea. In the 2021 Corruption Perceptions Index released by the Organisation, Nigeria dropped five places, scoring 24
How Increased Payments To GenCos Stabilized National Grid-NBET
The Nigerian Bulk Electricity Trading (NBET) Plc,has said that the increase, timeliness and consistency in payments to the generation companies has ensured stability of the national grid and sustained power generation in
How Africa Can Address Oil Production Decline-Kola Karim
Despite being blessed with abundant oil and gas resources, Africa’s production has been on the decline, representing a challenge for the continent as moves to initiate a COVID-19 economic recovery and address
Food Prices Won’t Go Up-CBN
The Central Bank of Nigeria (CBN) on Tuesday assured Nigerians that food prices would not accelerate the way people had anticipated in 2022. The CBN Governor, Mr. Godwin Emefiele,disclosed answering questions from
Buhari Moves Fuel Subsidy Removal To Next Year
The federal government says subsidy of fuel will last for another 18months, pending when an amendment in the Petroleum Industry Act will be forwarded to the National Assembly. Minister of State for
FIRS To Consider Digital Economy Taxation
The Federal Inland Revenue Service (FIRS) said it would give priority to the taxation of the digital economy this year. It added that it would deploy technological tools in assessing entities that
PETITION BY NIGERIAN WORKERS AGAINST THE PROPOSED INCREASE IN THE PRICE OF THE PREMIUM MOTOR SPIRIT (PMS)
We convey to Your Excellency the warm fraternal and New Year’s greetings of the leadership of the Nigeria Labour Congress. We write to draw the attention of Your Excellency to
