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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How NTSIF Paid N38bn Without FG’s Approval
The Senate has exposed how Nigeria Social Insurance Trust Fund (NSITF) paid the sum of N38 billion as salaries to staff without approval by the federal government. The chairman,Senate Committee on Public
Ignore Today’s Strike Threat,Factional IPMAN Tells Nigerians
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied rumours of planning to go on strike today, saying there is no plan to shut fuel pumps nationwide, its National President, Alhaji
Ibadan DisCo Dissociates Self From Sale Of Unistar Meters
The Ibadan Electricity Distribution Company has dissociated itself from the sale and distribution of the defunct Unistar prepaid meters. The electricity distribution company said it stopped the sales of the Unsitar meters
RMAFC Moves To Cut Politicians’ Remuneration
The Revenue Mobilisation Allocation and Fiscal Commission, Elias Mbam, has said that the commission has completed plans to begin the review of the nation’s revenue sharing formula. The Chairman of the commission,Elias
Kaduna,Airtel Nigeria Partner On Deployment Of Broadband Services
The Kaduna State Government has announced a strategic partnership with Airtel Nigeria, to modernize and digitalize its entire telecoms and network infrastructure as well as deploy Broadband services across the State. Kaduna
Zenith Bank,AccessBank,UBA,Others Grow Earnings By 311%
A new report by Coronation Asset Management says Zenith Bank, Guaranty Trust Bank; Access Bank, FBN Holdings, United Bank for Africa and Stanbic IBTC Holdings grew their interest-earning assets from N6.5tn in 2010 to
CBN Releases 50,000MT Of Maize To Producers,Warns Against Naira Abuse
The Central Bank of Nigeria has released 50,000 metric tonnes of maize to 12 major producers from strategic maize reserve under the Anchor Borrowers’ Programme. The apex bank explained that the release
Coronavirus: FG Stops Travellers From South Africa
The Presidential Steering Committee (PSC) on the COVID-19 pandemic has added South Africa to the list of countries from where travellers are restricted on account of the increasing cases of COVID-19 in
Revenue Leakages Cost Nigeria $30bn Yearly
The Joint House of Representatives Committee on Finance, Banking and Currency, disclosed that Nigeria lost about $30 billion from 2005 to 2019 annually from revenue leakages. The leakages originated from activities of agencies and
Only 10% Deaths Recorded In Nigeria Annually-NPC
National Population Commission(NPC), has lamented that not more than 10per cent of deaths are registered in the country annually. Mr. Nasir Isa Kwarra, Chairman, National Population Commission, who disclosed this on Monday in Abuja
