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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Fraud:World Bank Blacklists 18 Nigerian Firms, Individuals
A new report by the World Bank has revealed that 18 Nigerians firms and Individuals have been blacklisted for engaging in corrupt practices, fraud and collusive practices in its 2021 the fiscal
Why Nigeria Needs eNaira -Buhari
President Muhammadu Buhari,has explained that he gave nod for the establishment of digital currency better known as eNaira on the strength of its benefits to the country. He spoke in Abuja at
Quest Oil Expands Retail Outlets In Lagos
Quest Oil & Engineering Services Limited, owners of Ascon Oil Company has announced its reinvigorated strategy for the downstream sector. Sequel to the acquisition of Ascon Oil Company in 2019, the company
Ogun:Bandits Abduct Three Worshippers In Church
Bandicts have kidnapped three worshippers inside a church at Obada Oko town in Ewekoro local government area of Ogun State. They were kidnapped during a vigil at a Cherubim and Seraphim Church,
Nigerian Solar Firm Wins $50,000 USADF Grant
One of Nigeria’s solar firms,GreenPower Overseas Limited,has won the United States African Development Foundation’s (USADF) $50,000 grant and $50,000 ALLON facility for the off-grid Energy Challenge for 2021. The USADF is an
Abolongo: FG Vows To Recapture Escapee Inmates
Minister of Interior, Ogbeni Rauf Aregbesola has vowed to pursue and recapture all inmates who escaped from the Abolongo Custodial Centre of the Nigeria Correctional Service, NCoS, on Friday night during a
Egypt,South Africa Dwarf Nigeria In Steel Production
Egypt and South Africa have outpaced Nigeria in steel production inspite of the country’s huge capacity,administrator of Ajaokuta Steel Company Limited,Engr.Sumaila Abdul-Akaba,has said. He disclosed this at a stakeholders roundtable in Lokoja
Pencom:Pension Funds Invested In Banks Hit N2.05tn
The National Pension Commission(Pencom),has said that the total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of July from N1.48tn in January. The
ICC Moves To Investigate Abduction Of Schoolchildren In Nigeria
The prosecutor of the International Criminal Court (ICC) is set to seek authorisation from the pre-trial chamber of the court to open an investigation into cases of abduction of schoolchildren in several
CBN’s Medical Intervention Fund Hits N200bn
Governor, Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has said that the bank has increased its healthcare intervention from N100 billion to N200 billion in order to save foreign exchange spent on medical
