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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Lotus Bank Gets Non-interest Banking Licence
Lotus Bank Limited says it has been granted a non-interest banking licence by the Central Bank of Nigeria. A statement titled ‘CBN grants Lotus Bank licence to commence non-interest banking operations’ said
Fidelity Bank To Enrich 15 Nigerians With N39m
Fidelity Bank Plc plans to enrich 15 Nigerians with N39m at the final draw of the Get Alert in Millions Campaign Season 4 savings promo in July. It said this in a
3 Dies In Lagos Gas Tanker Explosion
The National Emergency Management Agency, NEMA,says it has recovered three bodies in a gas tanker explosion that occurred last night on the Mobolaji Bank Anthony Way opposite Sheraton hotels and Towers. Ikeja.
Massive Resignations Hit Lekoil Cayman
Lekoil Nigeria, in which Lekoil Cayman, a Cayman Islands-registered AIM-listed holding company holds a 40% equity holding, announced that a number of its directors and senior executives have resigned with immediate
How To Improve Accountability In Oil,Gas Sector-NEITI
The Nigeria Extractive Industries Transparency Initiative(NEITI) has urged the Office of the Accountant General of the Federation (OAGF) to advice the Nigerian National Petroleum Corporation (NNPC) to prepare its budget on a
I’m Indebted To Nigerians-Buhari
Five days after he underscored his love for Nigeria and Nigerians that he could die for them, President Muhammadu Buhari, says he is indebted to Nigerians for the opportunity giving him to
Return Of Fuel Subsidies To Nigeria Worrisome,Says IMF
An International Monetary Fund (IMF) team,has expressed concern over the resurfacing of fuel subsidies in the midst of low revenue mobilisation in Nigeria. It emphasized the import of introducing market-based fuel pricing mechanism
Nigeria’s Questionable Electricity Export
Recently, members of the West African Power Pool (WAPP) converged in Abuja over plan to build 875 kilometre of 330 kilovolts power transmission line from Nigeria to connect four other countries up
Press Council Bill: Newspaper Owners Faults Non-Invitation To Public Hearing
The Newspaper Proprietors’ Association of Nigeria (NPAN), has faulted the non-invitation of print media owners to a public hearing scheduled for today, on the Nigerian Press Council (NPC) Amendment Bill. A statement
Ardova Takes Over Enyo’s Retail Outlets
Ardova Plc, an indigenous energy company, has acquired a 100 percent equity stake in Enyo Retail and Supply Holding in a share purchase agreement. Oladeinde Nelson-Cole, Ardova’s company secretary, who disclosed in
