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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PenCom Raises NSITF Retirees’ Pensions By 1,173% After 21 Years
The National Pension Commission (PenCom) has approved an upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund (NSITF), raising their total monthly pension payments from ₦12.56 million
13% Derivation: FG Plots Coordinates To Resolve Oil Well Disputes
The Federal Government has begun the plotting of the disputed and newly drilled oil and gas wells. The Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Bello Shehu, announced this
Tinubu: Lege Miami Debunks Viral Stumble Video, Accuses Opponents of Using AI
A Nigerian entertainer, Lege Miami, has faulted a video showing President Bola Ahmed Tinubu stumbling during a state visit to Turkey, calling it fake and created by opponents to embarrass him. The
EFCC, NCS Seek Stronger Synergy Against Economic Crimes
The Economic and Financial Crimes Commission (EFCC) and the Nigeria Customs Service (NCS) have emphasized the need for stronger partnership in the fight against economic and financial crimes. The Acting Zonal Director
EFCC Witness Admits Buhari Approved Local Naira Redesign
A witness of the Economic and Financial Crimes Commission, EFCC, has told the FCT High Court that the late President Muhammadu Buhari approved former CBN Governor Godwin Emefiele’s plan to redesign the
How Ngige Allegedly Awarded N120m NSITF Contract To Non-Bidder-Witness
A prosecution witness in the trial of former Anambra State Governor and ex-Minister of Labour, Chris Ngige, has disclosed to a Federal Capital Territory High Court that a contract for the renovation
NISO Restores Power After Grid Collapse
Nigeria’s national grid has been successfully restored following a grid disturbance that occurred on Tuesday, the Nigerian Independent System Operator, has said. The restoration started before noon on Tuesday and has since
Nigeria, Türkiye Target $5bn Trade Volume, Ink Agreements On Energy, Others
The Republic of Türkiye, targets a $5 billion trade volume with Nigeria. Its President, Recep Tayyip Erdogan,said that discussions to actualise this have already started. He spoke at a joint press briefing
Court Orders FCT Workers To Suspend Strike
The National Industrial Court of Nigeria (NICN), in Abuja, has ordered workers of the Federal Capital Territory Administration (FCTA) to immediately suspend their ongoing strike. It granted an interlocutory injunction sought by
Dangote Refinery Raises Fuel Price By N100, Gives Reason
Dangote Petroleum Refinery & Petrochemical has increased its fuel gantry price by N100, pushing the current cost of the product to N799 per litre in the country. MRS retail stations will sell
