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
Unless urgent steps are taken to address the myriads of challenges confronting the country, Nigerian citizens would continue to wallow in poverty, hunger, insecurity and division, chairman of Nigerian Economic Summit Group(NESG)
Nigeria is wooing more Italian investors as part of the measures to In a bid to further diversify its economy from oil and increase the Foreign Direct Investment (FDI). Amb. Mfawa Abam,
Shell says it is finalising plans to award a significant contract in Nigeria that could involve the supply of up to 14 offshore vessels chartered on a firm and call-off basis. The
The Speaker of the House, Femi Gbajabiamila, and members of the House Committee on Privatization and Commercialization, as well as the President Nigeria Labour Congress NLC, Mr Ayuba Wabba and other key
The Central Bank of Nigeria(CBN)has minted N500 million eNaira and has already issued N200 million eNaira to banks. The digital currency went live Monday after an official launch by President Muhammadu Buhari.
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
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 & 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
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,
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