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
The Nigerian oil and gas industry is strategic to the overall socio-economic development of the country. Nigerian Content (“NC”) development is critical for the nation as it progresses in its quest to
The Country Chair of Shell Companies in Nigeria, Mr. Osagie Okunbor, has advocated the need for Nigeria to adopt a double strategy for its energy transition programme in response to global call
The board of Oando Plc, has announced the acquisition of 1,968,452,614 ordinary shares of the company, previously owned by Alhaji Dahiru Mangal, by Leaf Investment & Realtors Limited. According to a notice
Policy advocacy and research think-tank, the Centre for Democracy and Development (CDD), says security agencies have cumulatively killed 13,241 Nigerians since 2011. The group,in a report titled “Democracy Watch Reports”, unveiled by
Canada and Hong Kong have detected the Omicron variant of the COVID-19 virus in three people who travelled recently to the two countries from Nigeria. The government of the Canadian city of Ontario confirmed
Chiemeka Arinze , an alleged accomplice of billionaire kidnap kingpin, Chukwudumeme Onwuamadike, popularly known as Evans, has reportedly died in prison custody. He is standing trial alongside, Evans, Joseph Emeka, and Udeme
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has established new Domestic Base Price (DBP) framework and applicable gas wholesale price for the strategic domestic sector. The Chief Executive Officer (CEO),
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, says continuous dialogue between the regulator and its various licensees is central to finding
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele,says Nigeria’s current $414bn external reserves is enough to support 9 months of imports into the country. Emefiele,who disclosed this at the
Petroleum and Natural Gas Association of Nigeria (PENGASSAN),says the ongoing attempt by the federal government to deregulate the oil industry while the country largely depends on importation of petroleum products due to