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
Reps Probe Dangote Allegations Against NMDPRA Boss
The House of Representatives at the plenary on Tuesday resolved to investigate the allegations made by Alhaji Aliko Dangote against Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Boss, Engr Farouk over
Verdict On Emergency Rule Endangers Federalism, Democracy-ADC
The Supreme Court has created a constitutional tyrant in the President by affirming his power to suspend elected governors and state assemblies during a state of emergency, the African Democratic Congress (ADC)
NDIC Commences Liquidation Of Aso Savings, Union Homes
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation process for Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, sequel to the Central Bank of Nigeria’s (CBN)
I Pray Fuel Importers Continue To Lose Profits- Dangote
The President of Dangote Group, Aliko Dangote, says he prays fuel importers in Nigeria continue to lose profit, accusing them of frustrating local refining efforts through continued importation. “Nigerians have a choice:
REA, NBS Strengthen National Energy Data In New Agreement
The Rural Electrification Agency (REA) and the National Bureau of Statistics (NBS) have signed a Memorandum of Understanding (MoU) to partner on the conduct of a comprehensive National Energy Survey using the
TikToker Peller Faces Prosecution Over Reckless Driving
The Federal Road Safety Corps (FRSC) will prosecute popular TikTok streamer Habeeb Hamzat, widely known as Peller, following a viral video showing him livestreaming while driving,which reportedly caused a road crash. The
Falade Is NLNG’s New MD
The Board of Directors of he Nigeria Liquefied Natural Gas, has approved the appointment of Engr. Adeleye Falade as the new Managing Director/Chief Executive Officer of the company Falade will assume duties
Dangote Hires Ex-CBN Director As Chief Economist
Dangote Group has hired renowned economist and former Central Bank of Nigeria (CBN) Director, Dr Mahmud Hassan as its Group Chief Economist. His appointment is expected to strengthen the Group’s economic advisory
Dangote/ NMDPRA Rift: Reps Wave Olive Branch
The House of Representatives Committee on Petroleum Resources Downstream has intervened in the riff between Dangote, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other key players in the oil sector.
Reps Summon IBEDC, BEDC, PHEDC Over ₦100bn Debt
The House of Representatives Public Accounts Committee (PAC) has summoned the management of Ibadan Electricity Distribution Company (IBEDC), Benin Electricity Distribution Company (BEDC), and Port Harcourt Electricity Distribution Company (PHEDC) over unpaid
