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
The House of Representatives,Tuesday,disclosed intent to probe electricity distribution companies in Nigeria for allegedly over billing customers The lower House mandated its committee on Power to carry out the investigation and report
The Eko Electricity Distribution Company (EKEDC) says it would go to full length to ensure that equipment vandals face the wrath of the law. The power firm therefore implored its customers to
Festus Okoye, national commissioner, Independent National Electoral Commission (INEC) has said that the Nigerian Communication Commission (NCC) lacks the power to dictate to the electoral body on matters relating to electronic transmission
Osun State Governor, Adegboyega Oyetola, has signed a Memorandum of Understanding (MoU) between his administration and a firm, VirtueplusTwo Integrated Nigeria Limited, for the establishment of a bio-refinery in the state. Speaking
President Muhammadu Buhari has withdrawn the approval for the disbursement of the Cabotage Vessels Finance Fund (CVFF) The Minister of Transportation, Chibuike Amaechi, who disclosed this during the flag off of the
One Major, Akeem Aderogba Oseni has slammed a N2billion suit against the Nigerian Army and First City Monument Bank (FCMB) over violation of his fundamental rights. The suit marked FHC/ABJ/CS/1104/2021, dated September
By Ebun-Olu Adegboruwa, SAN The situation in Nigeria presently is very alarming, and this is no exaggeration at all. The grim realities facing us ahead of 2023 are daily being worsened by
The Defence Intelligence Agency has said some blacksmiths in Nigeria now have the expertise to manufacture assault weapons such as AK-47. The DIA noted that while blacksmiths and the rifles they traditionally
Across the world, countries are seeking alternatives to improve economic growth and sustain impact through energy. Part of this is the focus on the effectiveness of gas usage for domestic and Industrial
The Securities and Exchange Commission has again affirmed that the capital market has the potentials to bridge the infrastructure gap in the country as well as aid economic development. Mr. Dayo Obisan,