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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Aiteo Appoints Ewariezi Useh As COO,Reports Oil Leak
Aiteo Eastern Exploration and Production Company, AEEPCO, operator of the NNPC / Aiteo Joint Venture on OML 29 ,has appointed Ewariezi Useh as its new Chief Operating Officer. Ewariezi will provide overall
Senate Approves Buhari’s Loan Requests
The Senate has approved President Muhammadu Buhari’s request for external loans amid protests by some members that the Upper Chamber of the National Assembly was not furnished with the Terms and Conditions
Lagos, Rivers, Others Attracted $8.9 billion Investments In Three Months
The Nigerian Investment Promotion Commission says Lagos, Rivers, Oyo and five other states received investment announcements worth $8.9 billion between July and September 2021. The Director of Strategic and Services of the Commission, Abubakar
CBN To Save $2 billion Forex Through Wheat Farming
The Central Bank of Nigeria (CBN) has announced the commencement of the process to conserve about $2 billion in foreign exchange with the funding of commercial wheat farming in 15 states of the federation
ePayment Will Increase Customer Satisfaction for Logistics Businesses – Remita
Stakeholders in the nation’s logistics and supply chain sector in Nigeria must adopt electronic payment to improve customer satisfaction and retention, fast-track the delivery process and increase accountability for sustenance. Kayode Osinulu,
SEC Expresses Commitment To Promote Green Economy
Securities and Exchange Commission says it will continue to strive to deliver coordinated and coherent policy advice, capacity building and regulatory support to build the momentum for a green economy. Green finance
NUPRC Partners Stakeholders On Beneficial Ownership Data
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC), has expressed its determination to partner with relevant stakeholders on maintaining information on beneficial ownership as well as maintain data on companies that owns extractive
NCC Unravels New Malware Attacking Android Devices
The Nigerian Communications Commission (NCC) says it has discovered a new Android malware has been discovered. The malware, named ‘AbstractEmu’, can gain access to smartphones, take complete control of infected smartphones and
Buhari Congratulates Soludo,Urges Support To Confront Challenges Ahead
President Muhammadu Buhari has congratulated Prof. Charles Chukwuma Soludo, the candidate of the All Progressives Grand Alliance (APGA) for emerging winner in the just concluded gubernatorial election in Anambra State. The President
Nigeria’s Oil Production Quota Drops By 261,000bpd
S&P Global Platts survey says Nigeria’s oil production remains below its monthly quota despite higher crude oil prices and allocations The country’s production,it said,dropped to 1.37 million barrels a day in October,
