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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Labour Threatens To Down Tools Over Planned Electricity Tariff Increase
The Nigeria Labour Congress (NLC), has threatened to go on strike if the planned increase in electricity tariff is executed. The organised labour conveyed the strike threat in a statement signed by
‘Repeal Of EPSR Act Best Solution To Incessant Electricity Tariff In Nigeria’
In this interview,Adetayo Adegbemle,Executive Director,PowerUp Nigeria, an electricity consumers rights and power sector advocacy group,speaks with PremiumNews on wide ranging issues in the country’s power sector. Excerpts: What are your concerns over
FG Disburses N56bn To Entrepreneurs
The Federal Government has disbursed N56,842,780,000.00 to 1,079,323 beneficiaries under the micro and Small and Medium Enterprises Grants Scheme. Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment, who disclosed
Fayemi Returns Payment of Consequential Salary Adjustments To Ekiti Workers
Ekiti State Government has returned the payment of the consequential adjustment of the minimum wage which earlier suspended due to revenue shortfalls to workers in the state. The Commissioner for Information
Ondo Outlaws Open-Grazing
Governor Rotimi Akeredolu on Ondo State has assented to anti-open grazing bill passed by the State House of Assembly. Akeredolu signed the bill into law in his office on Tuesday,according to a
NiMET Predicts Three Days Heavy Downpour In Nigeria
The Nigerian Metrological Agency (NiMET) has predicted three days of heavy rainfall in four northern and 15 other southern states of the country. The agency in a statement by Prof. Mansur Matazu,
How Nigeria Attracted $10.1bn Foreign Investments In Six Months-Minister
Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment, has said that Nigeria attracted over $10.1billion foreign investments in the first half of the year The minister, announced this at the Nigerian
Total Nigeria Names Seye Managing Director
Total Nigeria Plc has appointed Dr. Samba Seye as the Managing Director of the company. He replaces Mr. Imrane Barry who has been reassigned to TotalEnergies SE Headquarters in Paris. Dr. Seye
Nigerian Researchers Shun $50m R&D Funds,Says NCDMB
Nigerian Content Development and Monitoring Board (NCDMB) is worried over failure of Nigerians to access the $50million the board set for Research and Development (R&D). Executive Secretary of the NCDMB, Simbi Wabote,
CBN Orders Banks To Publish Forex Fraudsters’ Names On Websites
The Central Bank of Nigeria (CBN) has directed all commercial banks to publish on their websites the names and Bank Verification Numbers of customers who engage in fraudulent and unscrupulous practices to
