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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Nigerian Solar Firm Wins $50,000 USADF Grant
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
Abolongo: FG Vows To Recapture Escapee Inmates
Minister of Interior, Ogbeni Rauf Aregbesola has vowed to pursue and recapture all inmates who escaped from the Abolongo Custodial Centre of the Nigeria Correctional Service, NCoS, on Friday night during a
Egypt,South Africa Dwarf Nigeria In Steel Production
Egypt and South Africa have outpaced Nigeria in steel production inspite of the country’s huge capacity,administrator of Ajaokuta Steel Company Limited,Engr.Sumaila Abdul-Akaba,has said. He disclosed this at a stakeholders roundtable in Lokoja
Pencom:Pension Funds Invested In Banks Hit N2.05tn
The National Pension Commission(Pencom),has said that the total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of July from N1.48tn in January. The
ICC Moves To Investigate Abduction Of Schoolchildren In Nigeria
The prosecutor of the International Criminal Court (ICC) is set to seek authorisation from the pre-trial chamber of the court to open an investigation into cases of abduction of schoolchildren in several
CBN’s Medical Intervention Fund Hits N200bn
Governor, Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has said that the bank has increased its healthcare intervention from N100 billion to N200 billion in order to save foreign exchange spent on medical
COVID-19:CBN Gives Nigerian Banks Clean Bill Of Health
The Central Bank of Nigeria (CBN) has banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic. The Director, Banking Supervision of CBN, Mr Haruna Mustafa,
Power Minister Urges Completion Of Zungeru Power Plant
The Minister of Power, Engr. Abubakar D. Aliyu has directed early completion of Zungeru power plant. According to a statement Odutayo Oluseyi, Deputy Director and Head of Public Relations Unit, the
NCC Raises Alarm Over Flubot Malware Presence In Nigeria
The Nigerian Communications Commission (NCC),has alerted Nigerian telecommunications consumers of the existence of new, high-risk and extremely-damaging, Malware called Flubot. A malware is a generic word used to describe a virus or
Borno To Collapse IDP Camps December 31st
Borno State Governor, Babagana Zulum has set December 31st deadline to close down all internally displaced persons (IDPs) camps located in the state. Zulum,who disclosed this while briefing State House Correspondents on
