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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Nigeria’s External Reserves Lost $640m Last Month-CBN
Nigeria’s external reserves lost $640m in May, falling to $34.24bn on May 28 from $34.88bn as of April 28,according to a report by the Central Bank of Nigeria(CBN) The apex bank disclosed
Nigeria Must Stop Borrowing To Finance Consumption- Accountants
New President of the Institute of Chartered Accountants of Nigeria (ICAN), Comfort Eyitayo,has advised Nigeria to stop engaging in borrowing to finance consumption in the country. She gave the advice while speaking
Nigeria Can- And-Must Climb Out Of The Hole Made By Corruption
By Aigboje Aig-Imoukhuede I was 13 years old in 1979, when Nigeria began to slip into a dark, frightening hole that seemed to have appeared overnight, and from which it has
Ketron Investment Limited Takes Over Shoprite Stores
An indigenous company, Ketron Investment Limited, has taken over Shoprite Nigeria from the Retail Supermarkets Nigeria Limited, RSNL, owner and operator of the Shoprite stores in Nigeria. The divestment by Shoprite International
Road Concession: We Will Be Transparent-FG
The Federal Government has stated that it is committed to a transparent, fair and competitive bidding process for the 12 Pilot Road corridors earmarked for concession through the Value-Added Concession programme under
I’m Under Pressure To Release Ibadan Human Parts Dealer-Amotekun Commandant
The Oyo State Commandant of Amotekun Corps Col Olayinka Olayanju,has said that certain personalities have been pressurizing him to release a suspected human parts dealer,Mutiu Abdul-Rasheed,who was arrested by his officials in
Council Chairmen Accuse Hamzat Of Disrupting Election
Three council chairmen in Lagos State have accused Obafemi Hamzat, deputy governor of Lagos State of disrupting the All Progressives Congress (APC) last Saturday’s primary election in the state, and imposing his
Buhari Government A Trail Blazer -Minister
The Minister of information and culture, Alhaji Lai Mohammed ,has faulted critics over their bad score on the administration of President Muhammadu Buhari He affirmed that the current government has achieved much
FUOYE Suspends Lecturer Over Sexual Harassment
The Federal University,Oye-Ekiti (FUOYE) has announced the immediate suspension of one of its staff ,Dr. Desen Jonathan Mbachaga, over allegation of sexual molestation. A statement by the media office of FUOYE Vice-Chancellor,
Senate Threatens To Arrest PPPRA, NSTIF Officials
The Senate Committee on Public Account,has threatened to arrest officials of Petroleum Product Pricing Regulatory Agency (PPPRA), Nigeria Social Insurance Trust Fund (NSITF)over their failure to appear for investigative hearing. The chairman
