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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Insecurity Threatens Investors’ Confidence In Nigeria-LCCI
The Lagos Chamber of Commerce and Industry(LCCI),has deplored the spate of insecurity in Nigeria,saying it will worsen investors’ confidence in the country. Mrs.Toki Mabogunje,the President of the chamber,noted that investors’ confidence had
Nigerian Politicians Stealing $400m Through Proxies Abroad
Mr Matthew Page,an Associate Fellow of Chatham House , Mr Matthew Page,has disclosed that over $400m is being laundered by politicians through real estate proxies abroad. Mr Page, a resource person at
Fraud:AfDB Slams 36months Sanction On Nigerian Company
The African Development Bank Group today, announced the 36 month debarment of Maxicare Company (Nigeria) Limited for fraudulent practices. The bank’s action took with effect from 23 February 2021. Specifically,the bank said
Insecurity:Ortom Urges FG To Seek Foreign Help
Samuel Ortom, the Governor of Benue has advised the Federal Government to consider foreign assistance in order to tackle insecurity in the country. Ortom,who gave the advice while inaugurating Army Day Secondary
Pantami Dangerous To Peace Of Nigeria-CACOL
The Centre for Anti-Corruption and Open Leadership (CACOL) has added its weight to the calls on President Muhammadu Buhari to relieve the Minister of Communication and Digital Economy, Isa Pantami, of his
Abuja Next Safe Haven For Bandits-Senate
The Senate has said that Abuja is the next safe haven for insurgents who have taken over some communities in Niger State. The upper chamber,expressed disgust over the development emphasized the need
Capital Market Will Outlive COVID-19 Pandemic-SEC
The Security and Exchange Commission(SEC),had expressed optimistism that that the nation’s capital market will do well during the ongoing COVID-19 pandemic. Mr. Dayo Obisan, Executive Commissioner Operations of the SEC, who disclosed
Bauchi Gives N1 billion Loan To Fertilizer Coy
The Bauchi State Government has approved the sum of N1 billion as loan to the state fertilizer company to boost production in this year farming season. Governor Bala Mohammed disclosed this on
How FG, mgt, staff jointly killed Nigeria Airways – Mshelia
Olusegun Koiki, Lagos Eighteen years after the liquidation of the former national carrier, Nigeria Airways, players in the Nigerian aviation industry still express disappointment over the demise of the airline. Capt. Ibrahim
‘Stolen Benin Artifacts Will Be Repatriated Soon’
The French government has partnered Benin monarch to facilitate for early repatriation of Benin artworks which were stolen from the kingdom several years ago. Mr Jerome Pasquier, French Ambassador to Nigeria, who
