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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COVID-19: EFCC Denies Unvaccinated To Staff Entrance Office
The Economic and Financial Crimes Commission, EFCC, has denied members of staff of its Ilorin zonal command who are yet to collect their COVID-19 vaccine, access to the office premises along GRA,
Assets:Savannah Energy Signs SPAs With Exxon Mobil Corporation,PETRONAS (E&P)
Savannah Energy has signed Share Purchase Agreement (“SPA”) with Exxon Mobil Corporation, ExxonMobil International Holdings, Inc. and Esso Exploration Holdings, Inc. (“Exxon”). It has separately signed an SPA with PETRONAS (E&P) Overseas
Kwara To Spend N4.7trn On 10-Year Development Plan
Governor AbdulRahman AbdulRazaq says Kwara state would spend N4.7trillion on a 10-year sustainable development plan Speaking at its launch,the governor explained that the plan is a demonstration of the bright future that
NLNG Awards 11 Overseas Scholarships
The Nigeria LNG Limited has awarded postgraduate scholarships to 11 Nigerians to pursue Masters’ degrees in leading universities in the United Kingdom. The award offer was made known by the Nigeria LNG
5G:FG Rakes In N227bn From Sales Of Licenses To MTN, Mafab
MTN Nigeria and Mafab Communications have emerged winners of the two slots of the 3.5GHz spectrum auction for the Fifth Generation (5G) network licenses for a total fee of $546m or N226.6
Nigeria Regains Weight In Africa,Produces ‘47,000 Barrels Per Day
The Organisation of Petroleum Exporting Countries (OPEC),has declared that Nigeria has regained the top spot in Africa, producing an average of 1.27 million barrels per day last month. The cartel announced this in
Nigerians To Pay More Taxes Next Year
The Federal government says Nigerians would pay more taxes across board next year through the provisions of the new Finance Bill. It is also seeking to empower the Federal Inland Revenue Service
NSITF Settles N1bn Claims In 2021
The Chairman, management board of Nigeria Social Insurance Trust Fund ( NSITF), Prince Austin Enajemo-Isire, has disclosed that the agency it has settled 11,000 claimants worth over N1billion in the outgoing year.
Makinde Commences Construction Of N8billion Independent Power Project In Ibadan
Oyo state governor Seyi Makinde has flagged off the construction of 11MW Independent Power Project. The project will be executed by Elektron Energy on a Build-Operate-Transfer model. Speaking at the groundbreaking at
Lagos Public Servants To Receive 30% End of Year Bonus
The Lagos State Government has announced a generous End of Year Bonus for all public servants in its employ. The Head of Service, Hakeem Muri-Okunola, announced this in a circular addressed to
