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
Senate Confirms Oloworaran As PENCOM Boss
Mohammed Shosanya The Senate has confirmed the nomination of Omolola Oloworaran for appointment as the Director General of the National Pension Commission.( PENCOM).
Expert Says Nigeria Loses $28bn Annually To Electricity Blackouts
Mohammed Shosanya A power expert, Professor Stephen Ogaji,says Nigeria loses $28 billion annually to electricity outages from grid collapses and disturbances. He disclosed this
Defamation:NACCRAN Demands Apology From Nigeria’s Consular In Mali
Mohammed Shosanya The National Council for Child Rights Advocates of Nigeria (Naccran),is seeking unreserved apology from Nigeria’s consular in Mali, Mr Ugochukwu C. Chime for his recent
NDDC Partners Chevron On Construction Of Warri-Escravos Road
Mohammed Shosanya The Niger Delta Development Commission, NDDC,has emphasised the import of its partnership with Chevron Nigeria Limited on the construction of the 70.75km Omadino-Okerenkoko-Escravos Road and bridges in the
TCN Pledges Support For Lagos Electricity Regulatory Responsibility
Mohammed Shosanya The Managing Director/CEO of Transmission Company of Nigeria,Engr. Sule Abdulaziz,has promised to support Lagos as it prepares to take up regulatory responsibilities under the new electricity
Recapitalisation:Nine Nigerian Banks Raised N1.7trn Through E-Offering-SEC
Mohammed Shosanya The Director General,Securities and Exchange Commission, SEC, Dr Emomotimi Agama,says so far about N1.682 trillion has been raised by banks through e-offering in the bank recapitalisation exercise.
House Seeks N500bn For DisCos’ Recapitalisation
Mohammed Shosanya The House of Representatives has directed electricity distribution companies (DisCos) in Nigeria to undergo a recapitalisation exercise to the tune of N500 billion. The lawmakers explained that
Reps Probe N30bn Unsettled Insurance Claims
Mohammed Shosanya The House of Representatives has directed its Committee on Insurance and Actuarial Matters to conduct a forensic investigation into over ₦30 billion in unsettled group life insurance
NNPC’s Utapate Crude Grade Enters Global Oil Market
Mohammed Shosanya The Nigerian National Petroleum Company Limited has unveiled its latest crude oil grade, the Utapate crude oil blend,before the international crude oil market.
Okpebholo Dissolves Governing Councils Of Edo Tertiary Institutions
Mohammed Shosanya Edo State Governor,Senator Monday Okpebholo has approved the dissolution of the Governing Councils of all state-owned tertiary institutions. He also approved
