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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Secure ₦28 Trillion Pension Asset, FG Charges PenCom Board
The Federal Government has charged members of Governing Board of the National Pension Commission (PenCom) to uphold the highest standards of corporate governance and safeguard over ₦28 trillion in pension assets under
REA Accelerates Rural Electrification, Disburses ₦3.2bn For Bauchi Project
The Rural Electrification Agency (REA) has disbursed ₦3.2 billion to Zanoplus for the rapid deployment of solar mini-grid projects across strategic locations in Bauchi State, marking a robust continuation of the agency’s
Ijebu-Ode Rape Scandal: Petitioners Allege Police Cover-Up, Command Denies
A controversy has erupted in Ijebu-Ode, Ogun State, following a petition by the Safer Society for Children (SSC) Foundation and the Elegant Nurses Forum (ENF), demanding justice over the alleged gang rape
NLC Rejects N6trn Power Bailout, Demands Ministry Merger
The Nigeria Labour Congress, NLC, has faulted the proposed N6 trillion bailout for power generation companies, GENCOs, and distribution companies in the country, saying that the government should not use public funds to
Middle East Crisis Threatens Nigeria’s Inflation Stability, Purchasing Power, Says Tinubu
President Bola Tinubu, on Sunday in Lagos, said the escalating Middle East crisis will spike inflation and affect Nigeria’s purchasing power. Tinubu, who spoke whenhosted the Vice President Kashim Shettima and 23
Dangote Ships 12 Cargoes Of Fuel To Ghana, Cameroon, Togo, Others
The Dangote Petroleum Refinery has solidified Nigeria’s presence in the regional energy market with the successful sales of 12 cargoes, by traders, totaling 456,000 tonnes (456KT) of refined petroleum products. The shipments
Umahi Files Lawsuits As Tracy Ohiri Fails To Produce Evidence In Debt Scandal
Minister of Works, David Umahi, has ordered his legal team to commence legal action against businesswoman, Tracy Ohiri over her alleged failure to provide credible evidence to back her claims, escalating the
One SA Bank Equals Nigeria’s Entire Banking Sector – Why Recapitalisation Is Critical For Global Competitiveness
By Blaise Udunze Nigeria has always prided itself as Africa’s largest economy and most populous nation. Currently, its banking sector is confronting a moment of truth that should send shockwaves. Today, a
UK, Nigeria Launch Technical Group To Unlock Creative Economy Potential
The British Council, has expressed satisfaction over its involvement in the state visit of Nigeria’s President Bola Ahmed Tinubu to the United Kingdom. According to the Council, the visit also represents a
Escalating M/East War Forces Dangote Petrol Price To N1,245/Litre
The escalating Middle East war, has forced Dangote Refinery, to raise its gantry price for Premium Motor Spirit from ₦1,175 to ₦1,245 per litre. The hike, which took effect 12:00 a.m. on
