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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Nigeria’s $41.4bn External Support 9month Imports-CBN
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
We Wont Condone Import-Driven Deregulation-PENGASSAN
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
Senate Sees Hope For Solid Mineral Sector
The chairman, Senate Committee on Solid Mineral and Steel Development, Tanko Almakura, has said that there is great hope for the solid mineral industry to grow in the country. According to him,the
Kano: Night Club Owner, Mistress Found Dead In A Car.
The police in Kano h recovered the lifeless body of Steven Ayika owner of a popular night club and his alleged mistress, Miss Chiamaka Emmanuel. DSP Abdullahi Haruna Kiyawa, Public Relations Officer,
Reps Want State Of Emergency On Drug Abuse
The House of Representatives has implored the federal government to declare a state of emergency on drugs abuse in Nigeria. The development was sequel to a motion of urgent public importance brought
Sanwo-Olu Unveils 480 Housing Units At Ibeshe,
Lagos State Governor Babajide Sanwo-Olu has commissioned the LAGOSHOMS Ibeshe, in Ikorodu area of the state. Governor Sanwo-Olu, who named the estate after the late Babatunde Olosola Benson, described the estate as
Ondo:Amotekun Parades 12 Suspects, One Kidnapper
No fewer than 12 suspects who specialise in kidnapping, robbery and stealing were paraded by Amotekun corps in Ondo State. One of the suspects, Amodu Sende, was a member of a kidnap
NDIC Pays N11.76bn To Depositors Of Failed Banks
The Nigerian Depositors Insurance Corporation(NDIC) on Thursday declared that the corporation has paid a whooping sum of N11.76billion as insured sums to , 535,815 depositors, while N101.666 billion had been paid as
‘How Delay In Ajaokuta Steel Company Revival Hurts Nigeria’s Economy’
Stakeholders in the nation’s economy has painted how the delay in the revival of the nation’s Ajaokuta Steel Company hurts its economy. They noted delay in the revival of the steel
Global Race To Net Zero By 2050 Is Accelerating – Will Africa Realise A Just Transition Or Become A Stranded Asset? PwC Africa Energy Review 2021
With an acceleration of the global net-zero journey, there is increasing focus on developing countries and their lack of affordability to meet such net-zero targets. A clear contrast is evident when considering
