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
Suggestions
Nigeria, Morocco To Construct $1.3bn Fertilizer Plant
President Muhammadu Buhari has that said a new basic chemicals platform worth $1.3b that will produce ammonia and fertilizers in Nigeria will be ready for commissioning soon. The new plant,he said, will
Afreximbank, NEXIM To Invest $50m In Nigeria
African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) said they are mobilizing close to $50 million project preparation funds for investments in Nigeria. The development followed the signing of a Memorandum
Huge Nigerian Currency Held By Hoarders -CBN
The Central Bank of Nigeria(CBN),has said that large and increasing proportion of the Nigerian currency outside the commercial banking system was held by the general public who hoard a lot of the
We Believe In Nigeria-Total
Total Exploration and Production Nigeria Limited,has expressed its believe in Nigeria as a country with inherent growth path and prospects for making huge contribution in the global world. The company said this
Niger Delta Can’t Be Forced Into Secessionist Group-UNDEDSS
The United Niger Delta Energy Development Security Strategy (UNDEDSS)says the oil rich region is not ready to carry any secessionist identity now. Tony Uranta,its Executive Secretary,who clarified this position in a communiqué
NNPC Rakes In ₦2.217triilion From Sales Of White Products
The Nigerian National Petroleum Corporation (NNPC) has said it generated ₦2.217triilion from the sales of white products for the period December 2019 to December 2020 . Petrol contributed about 99.09% of the
FG To Stop Fuel Subsidy
Mele Kyari, the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation, has dislosed that the country will continue payment of subsidy on imported fuel. The country,he said,spent N120billion,he said,adding the
How Russia Can Finance Energy Projects In Nigeria,Others
African Energy Chamber has emphasized the need for Russia to play immense role in financing energy projects and gas development in Nigeria,Mozambique, Senegal, Tanzania, other countries. N.J Ayuk,the Executive Chairman of the
Reps Set To Consider Bill On Removal Of Local Government From 1999 Constitution
The House of Representatives is set to commence debate on the general principle of a bill which seeks to remove Local Government from the 1999 Constitution (as amended). The bill was sponsored
Digitisation, Finance & Risk Management to Remain the Focus for Oil and Gas Operators – Victor Okoronkwo*
The Group Managing Director, Aiteo Eastern E&P, Sir Victor Okoronkwo has stated that financial leadership and risk management will remain the key areas of focus for upstream oil and gas companies. Okoronkwo
