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 Records 1,182 Cholera Cases In One Week
The Director-General of Nigeria Centre for Disease Control (NCDC),Dr.Chikwe Ihekweazu,says 1,182 suspected cases of cholera had been recorded in 13 states, within one week. He said the centre’s epidemiological report for week
E-Naira Payment Legal Tender In Nigeria-CBN
The Central Bank of Nigeria(CBN),says its e-naira initiative billed for launch on October 1,this year, is a legal tender equal to the value of the naira and thus must be accepted as
Petroleum Industry Act : A New Dawn For Nigerian Oil and Gas Upstream Industry
Introduction Introduced in 2007 to revamp the oil and gas sector, ensure an optimal level of transparency and accountability by strengthening governing institutions and attract the much-needed capital through changes to the
Nigeria Needs New Roadmap For Power Sector
A power expert and entrepreneur,Mr Kola Balogun, has advised the new Minister of Power, Mr Abubakar Aliyu, to chart a new roadmap to address generation, distribution and transmission challenges in the nation’s
Report Uncovers Deeper Rot in World Bank ‘Doing Business’ Rankings
A group of external advisers have recommended an overhaul of the rankings of the World Bank to limit countries’ efforts to “manipulate their scores.” An 84-page review, written by senior academics and
NNPC Nets $219.5m From Crude Oil, Gas Sales In May
The Nigerian National Petroleum Corporation (NNPC) recorded a total crude oil and gas export sales of $219.75m in May 2021, representing 180.29% increase on sales from the previous month of April 2021,according
Pregnant Woman In NDLEA’s Net For Alleged Drug Trafficking
Operatives of the National Drug Law Enforcement Agency, NDLEA has arrested a 38-year old pregnant lady, Kate Ngozi Nwuju at her residence in Rumueme, Mile 4 area of Port Harcourt, Rivers state
Police Arrest Two Robbery Suspects In Abuja, 401,000 POS Machines
The Federal Capital Territory (FCT) Police Command has arrested two serial “One-Chance” suspects at the Wuse Axis of Abuja. The Commissioner of Police, CP Babaji Sunday’s routine intelligence-led and coordinated patrol and
Senate Indicts Accounting Officers Of Agencies Over Unremitted Funds
The Senate has indicted Budget Office, Ministry of Information, Ministry of interior and 36 others Ministries, Departments, and Agencies (MDAs) over unretired advances to the federation account. To this end, the Senate
NCDMB Mulls Development Of Oil and Gas Park In Ondo
The Nigerian Content Development and Monitoring Board (NCDMB) has begun activities to develop an oil and gas industrial park in Ilaje, Ondo State under its Nigerian Oil and Gas Park Scheme (NOGaPS).
