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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SEC Fixes N50m Paid Up Capital For Warehousing, Collateral Mgt companies
The Securities and Exchange Commission, SEC, has fixed N50 million as minimum paid up capital for warehousing and collateral management companies in Nigeria . The agency explained that the new rules would
DisCos Billed Consumers N816.15bn Last Year-NERC
The Nigerian Electricity Regulatory Commission(NERC), has said that 11 Discos across the country billed electricity consumers N816.15bn in 2020 The agency,in its financial report,however said consumers paid a total of N542.73bn to
Flight Cancellation:Court Fines Ethiopian Airlines N7m
A Lagos Federal High Court has awarded a fine of N6 million as general damages against Ethiopian Airlines Limited for cancelling three Nigerians’ flights without due notice to the plaintiffs. In his
EndSARS: Osun Panel Concludes 23 Cases
The Osun State Judicial Panel of Inquiry probing cases of police brutality,says all the 34 petitions brought before it had been concluded. Of the 34 petitions, 11 were struck out for being
FG Rakes In N538bn From Ports Taxes
The Director-General of the Bureau of Public Enterprises, Mr Alex Okoh, has disclosed that the Federal Government saved over N500bn from the privatisation of the ports infrastructure. Okoh,who was represented by Director,
CBN Restates Commitment To Industrial Growth
The Central Bank of Nigeria(CBN) has restated its commitment to the growth of local businesses and industrial sector in the country. Acting Director, Corporate Communications Department of the CBN, Mr Osita Nwanisobi,
EFCC Boss Seeks Support Of Nigerians In Diaspora Against Corruption
Abdulrasheed Bawa, Chairman of the Economic and Financial Crimes Commission, (EFCC) has urged Nigerians abroad to join the President, Mohammadu Buhari in the anti-corruption campaign in order to improve the f image
No Fuel Hike Now-NNPC
The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of ongoing engagement with the organized labour and other
TCN Restores Power To Maiduguri
Transmission Company of Nigeria (TCN) restored power supply to Maiduguri, Borno State and its environs, on Wednesday, 24th March 2021 at about 3:51pm. Bulk power supply is presently being transmitted through a
NLNG’s Science Prize Judges Begin Selection Process
The activities in the Prize cycle of the $100,000 Nigeria Prize for Science, sponsored by Nigeria LNG Limited (NLNG), have resumed with the hand-over of 49 entries to the panel of judges.
