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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Massive Resignations Hit Lekoil Cayman
Lekoil Nigeria, in which Lekoil Cayman, a Cayman Islands-registered AIM-listed holding company holds a 40% equity holding, announced that a number of its directors and senior executives have resigned with immediate
How To Improve Accountability In Oil,Gas Sector-NEITI
The Nigeria Extractive Industries Transparency Initiative(NEITI) has urged the Office of the Accountant General of the Federation (OAGF) to advice the Nigerian National Petroleum Corporation (NNPC) to prepare its budget on a
I’m Indebted To Nigerians-Buhari
Five days after he underscored his love for Nigeria and Nigerians that he could die for them, President Muhammadu Buhari, says he is indebted to Nigerians for the opportunity giving him to
Return Of Fuel Subsidies To Nigeria Worrisome,Says IMF
An International Monetary Fund (IMF) team,has expressed concern over the resurfacing of fuel subsidies in the midst of low revenue mobilisation in Nigeria. It emphasized the import of introducing market-based fuel pricing mechanism
Nigeria’s Questionable Electricity Export
Recently, members of the West African Power Pool (WAPP) converged in Abuja over plan to build 875 kilometre of 330 kilovolts power transmission line from Nigeria to connect four other countries up
Press Council Bill: Newspaper Owners Faults Non-Invitation To Public Hearing
The Newspaper Proprietors’ Association of Nigeria (NPAN), has faulted the non-invitation of print media owners to a public hearing scheduled for today, on the Nigerian Press Council (NPC) Amendment Bill. A statement
Ardova Takes Over Enyo’s Retail Outlets
Ardova Plc, an indigenous energy company, has acquired a 100 percent equity stake in Enyo Retail and Supply Holding in a share purchase agreement. Oladeinde Nelson-Cole, Ardova’s company secretary, who disclosed in
Akeredolu Wins Case At Appeal Court
Governor Oluwarotimi Akeredolu of Ondo State and his Deputy, Lucky Aiyedatiwa, on Wednesday won at the Appeal Court the petitions filed against them by the Peoples Democratic Party’s candidate, Eyitayo Jegede, at
JAMB Releases 2021 Mock Result
The Joint Admission and Matriculation Board (JAMB) has released the result of the 2021 Unified Tertiary Matriculation Examination (UTME) mock exam which was conducted penultimate week “The result of the mock examination
FG Commences Mining Exploration In Kwara
The Federal government has commenced a multi-million naira mining exploration drive in seven local government areas of Kwara state to attract local and foreign investors into the sector. The Director General of
