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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Lawmakers Summon REA Boss, Contractors Over Energy Education Project Failures
The House of Representatives Committee on Renewable Energy is intensifying its probe of the Energizing Education Programme (EEP), inviting the Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, to appear before
Power Sector Facing Imminent Collapse Over ₦6.2tn Debt, 7,000MW Unused Capacity-GenCos
Over ₦6.2 trillion in unpaid invoices and the non-recognition of capacity payments are pushing the sector toward collapse,the Association of Power Generation Companies (APGC), has said Its Chief Executive Officer (CEO), Joy
NUPENG Sacks Rivers NLC Chair Over Alleged Misconduct
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), has expelled Comrade Alex Agwanwor, Rivers State Chairman of the Nigerian Labour Congress (NLC) over alleged gross misconduct and anti-union activities. The
Absence Of Witness Stalls Saleh Mamman’s N33.8Bn Fraud Trial
The trial of the former Minister of Power, Saleh Mamman before Justice James Omotosho of the Federal High Court, sitting in Maitama, Abuja could not continue on Monday, due to the inability
Nigeria’s Capital Market Secures 33% GDP Share Through N68.83 Trn Expansion
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has said Nigeria’s capital market has recorded a remarkable 125 per cent growth in market capitalisation since April 2024, rising
Nigeria Wins $6.2m Arbitration Case Against European Tech Contractor
Nigeria, through the Bureau of Public Procurement (BPP), has won $6.2m international arbitration case against European Dynamics UK Ltd, an international technology contractor. The company had entered into a dispute with the
Vote-Buying: EFCC Arrests 20 In FCT Area Council Polls, Recovers ₦17m
The Economic and Financial Crimes Commission (EFCC) has arrested 20 individuals across the Federal Capital Territory (FCT) for alleged vote buying, vote selling, and obstruction of electoral officials during Saturday’s Area Council
NNPC, Dangote Deepen Alliance To Secure Nigeria’s Energy Future
The Nigeria National Petroleum Company Limited and the Dangote Refinery, have reaffirmed their shared vision for Nigeria’s energy future. The development came to the fore on Saturday when he Group Chief Executive
Judge Orders Detention Of Public Relations Impostor
A Federal Capital Territory High Court sitting in Apo, has ordered the remand of one Negedu Patrick Siaka for allegedly parading himself as a public relations consultant and trainer. He was arraigned
Nigeria First Policy: Beyond Procurement, Toward National Strategic Renewal
By Mohammed Bougei Attah In recent public discourse, the phrase “Nigeria First Policy” has increasingly been reduced to a matter of public procurement and local contracting preference. While procurement reform is an
