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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Oil Majors Target Renewable Power Projects In New Trend
GlobalData, a leading data and analytics company,says expected low demand for fossil fuels is compelling major oil and gas companies – including BP, Total and Shell – to actively restructure their businesses
My Administration Addressing Poverty,Youth Unemployment-Buhari
President Muhammadu Buhari,Saturday said his administration is addressing rising poverty and youth unemployment which are the twin drivers of insecurity in the country. The President,in his Democracy Day speech,told Nigerians that one
FG Inaugurates Committee To Develop Roadmap For Gas Powered Economy
Federal Government has inaugurated a three-tier committee to help develop a roadmap for the implementation of gas powered economy in the county. Chief Timipre Sylva, the Minister of State for Petroleum Resources,
Over 2000 Firms Jostle For FG’s Forfeited Assets
Over 2000 firms have tendered their documents in a bid to emerge as auctioneers of the recovered assets forfeited to Federal Government. Permanent Secretary, Federal Ministry of Justice, and Solicitor General of
Buhari Flags Off $1.5bn Lagos-Ibadan Rail Line For Commercial Operations
President Muhammadu Buhari has flagged off for operations the $1.5 billion Lagos-Ibadan standard gauge railway project. Daily Independent reports that the latest project marks the third standard gauge rail project commissioned by
We Won’t Condone Corruption In Oil,Gas Sector -NNPC
The Group Managing Director of Nigerian National Petroleum Corporatiin, Mallam Mele Kyari, said the corporation was championing the fight against corruption in the oil and gas Industry by emplacing measures to curb
CBN Begins Digital Currency Next Year
The Director-Information Technology Department, Central Bank of Nigeria, Mrs Rakiyat Mohammed, has said that the banking regulator will launch a digital currency before the end of 2021. She disclosed this during a
ITF Plans Mass Production Of Android Smart Phone
The Industrial Training Fund (ITF), says it would soon begin mass production of its android smart phone,preparatory for its introduction into the market. The Director-General/Chief Executive Officer of the Industrial Training Fund
FIRS Rules Out No Tax Waivers For Local, Foreign Investors
The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has disclosed that the Service did not grant any tax waivers to any local or foreign investors in the country as the
Twitter Suspension:Adegboruwa Urges Boycott Of June 12 Events
Human rights activist and Senior Advocate of Nigeria, Ebun-Olu Adegboruwa, has urged all Nigerians, especially activists, civil society organisations, non-governmental organisations and all lovers of democracy, not to participate in any programme
