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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Gas Leak Pipeline:NNPC Assures Residents Of Safety
The Nigerian National Petroleum Corporation Limited says residents of Anifowoshe area of Ikeja in Lagos State where a gas pipeline leak was reported on Wednesday are safe. Garba Deen Muhammad,Group General Manager,Group
Remittance:PenCom Commences Sanction On Defaulting Employers
The National Pension Commission has commenced clampdown on employers who deducted monthly pensions from employees’ salaries but failed to remit them to their Pension Funds Administrators. It has appointed recovery agents to
Eight Years Of Power Privatization: Blame Or Gain?
Mohammed Shosanya,Lagos The euphoria that greeted the transfer of the assets of Nigeria’s power industry to the power sector on November 1st,2013,was geared towards increased impacts of the sector in the nation’s
Election:Our Husbands,Children Dying In Droves-Anambra Women
Ahead of this week’s governorship election in Anambra state, Coalition of Anambra Women has said decried increasing cases of killings and other forms of violence in the state. They regretted that the
SEC Threatens To Wield Big Stick On Unethical Operators
The Securities and Exchange Commission has resolved to intensify monitoring and surveillance of the market and has vowed to apply stiff sanctions to any operator who engages in unethical conduct. Mr. Lamido
Private Companies Injected N500bn Into Nigeria’s Automobile Sector
The National Automotive Design and Development Council (NADDC),says private companies have invested N500billion into the Nigeria’s automotive sector in the last two years to set up assembly plants. Jelani Aliyu, Director General
Ooni Laments Neglect Of Ife Roads
The Arole Oduduwa & Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi Ojaja II, has lamented the neglect of roads in Ife by the Federal and state governments. He said the development makes
Zenith Bank Records N180bn Pre-Tax Profit
Zenith Bank Plc has recorded N180billion r profit before tax to N180bn in the nine months ended September 30 2021. The current figure represents one percent increase from N177bn it recorded in
‘Nigerian Households Use 50m Fuelwood Annually’
About 50 million tons of fuelwood is used annually by Nigerian households, the Dean, College of Engineering, Covenant University, Prof. David Omole,has said Omole,who disclosed this in his lecture at the 20th International Conference/Annual
Pencom:Pension Assets To Hit N12.9tn
The National Pension Commission(Pencom),says assets under the Contributory Pension Scheme rose by N120bn in August, this year PenCom disclosed this in its latest unaudited report on pension funds industry portfolio,adding that the
