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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FG Takes Anti-COVID -19 Campaign To Churches
The Federal Government has implored Christian Religious Leaders to be role models for their followings by leading the immunization drive. Sen. Olorunnibe Mamora, Minister of State for Health, who disclosed this at
Chinese Firm To Site Pre-Paid Meter Plant In Bayelsa
A Chinese high-tech company, Clou, and its Nigerian partners, Jumbo Goois Global Services, have concluded plans to establish a smart pre-paid meter assembly factory in Bayelsa State. Managing Director and Chief Executive
Kabba MSCC Attack: How NCoS Recaptured 114 Inmates
The Nigeria Correctional Service (NCoS) has recaptured 114 of the 266 inmates that escaped following the attack on Kabba Medium Security Custodial Centre (MSCC) by unknown gunmen. The Public Relations Officer of
Buhari Seeks Stiffer Control Against Small Arms
President Muhammadu Buhari has put in place some measures to ensure a stiffer control against proliferation of small arms and light weapons in the country. He sent executive Bill to the Senate
Nigeria To Spend $75bn On E-Commerce
The Federal Government says that the current e-commerce spending in Nigeria is estimated at $13billion per annum. Dr. Evelyn Ngige, Permanent Secretary in the Federal Ministry of Industry, Trade and Investment, who
ExxonMobil Paid N67.5bn To NDDC In 19Years
ExxonMobil, operators of NNPC/MPN Joint Venture has remitted the sum of N67.5billion to the Niger Delta Development Commission in the last 19 years. The Communications Manager of the company,Mr Ogechukwu Udeagha,disclosed this during
Lagos Govt Inks MoU With FMDQ Group, FSD Africa
Lagos State has activated the framework for the unlocking of the $1 trillion Nigerian Green Bond Market Development Programme to finance key infrastructure projects. The state Governor Babajide Sanwo-Olu signed signed Memorandum of Understanding
Buhari, PDP Clash Over Fresh $4bn, €710m, $250m Loans
President Muhammadu Buhari and the Peoples Democratic Party(PDP) have clashed over the fresh loans Nigeria intends to borrow outside the shores of the land. Buhari, had yesterday requested the Senate’s mid to
Kogi, Oyo Akwa Ibom Record Highest Inflation-NBS
Nigeria’s headline Consumer Price Index (CPI) in August 2021 rose by 17.01 percent year on year from 17.38 per cent in July 2021, a report by the National Bureau of Statistics (NBS)
CBN To Launch N15trn Infrastructure Fund Next Month
The Central Bank of Nigeria,says InfraCorp Plc, the N15trillion Infrastructure Fund which will boost funding for capital projects, will be launched in October. The CBN Governor, Godwin Emefiele, who disclosed this in
