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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We Won’t Jeopardize Our Shareholders’ Interest- Lekoil Nigeria CEO
The Chief Executive Officer of Lekoil Nigeria Limited, Mr. Lekan Akinyanmi has disclosed that the protection and growth of shareholder value remain priority in spite of the changes the company is undergoing
Reps Accelerate Moves To Get GenCos’ Reserve 5% Of Revenue For Host Communities
The House of Representatives has accelerated moves to get power generating companies in Nigeria to set aside 5 percent of their revenues for the development of their host communities. The bill which
How To Strengthen Nigerian Oil,Gas Industry-Chevron Boss
Chairman and Managing Director, Chevron Nigeria Limited (CNL), Mr. Rick Kennedy, has identified low carbon emissions, gas development, effective industry policies, collaboration for cost reduction, and digital technology/innovation as strategic imperatives for
FG Explains Delay In Private Refineries Commencement
The Nigerian National Petroleum Corporation (NNPC),has explained why some completed private refineries are yet to commence production. Mr. Mustapha Yakubu, the Nigerian National Petroleum Corporation (NNPC), Cheif Operating Officer (COO) Refineries, spoke
MultiChoice Group In Tax Scandal
—As FIRS Appoints Banks To Recover Firm’s Unpaid N1.8tr Taxes The Federal Inland Revenue Service(FRSC),says it has appointed some commercial banks as agents to recover the sum of N1.8 trillion from accounts
Abdulrazaq Isa Is New Chairman Of IPPG
The Governance Council of the Independent Petroleum Producers Group (IPPG) has endorsed the appointment of Mr. Abdulrazaq Isa as the new IPPG Chairman effective from July 1, 2021. He takes over from
Senate Flays Seizure Nigerian Lands By Benin Republic
The Senate has expressed disgust over the arrest and intimidation of Nigerians by the government of Benin. The lawmakers also picked holes in the illegal encroachment and seizure of Nigerian lands by
France, Oyo Partner On Development Of Tourism Sites
French Embassy says it is exploring new way to develop tourism in Oyo State A team from French Embassy said this over when they visited the State Ministry of Information, Culture and
Group Threatens Litigation Over Detention Of Sunday Igboho’s Aides
The Yoruba Nation Global Directorate (YNGD) has threatened to sue the Departments of State Service(DSS) to court if it failed to release unconditionally the 12 detained aides of Sunday Adeyemo, popularly known
Senate Constitutes Conference Committee On PIB
The Senate has constituted the conference committee on the Petroleum Industry Bill. The President of the Senate, Ahmad Lawan, who announced the composition on Tuesday at the start of plenary, charged the
