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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Savannah Energy Moves To Acquire ExxonMobil Assets
Savannah Energy Plc,is advancing exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon. The company said the planned
Gunmen Attack School Bus In Ondo
Uknown gunmen on Thursday hijacked a private school bus at Oba Ile Estate in the Akure North Local Government Area of Ondo State, abducting a member of staff of the school. It
International Community Need Not Be Silent On Nigeria’s Insecurity-Mailafia
Former Deputy Governor of the Central Bank of Nigeria (CBN), Obadiah Mailafia has Lamenting over the spate of insecurity, Mailafia condemned the silence of the international community on the situation in the
Nigeria Needs $40bn Investments To Drive Gas Plan
The Nigerian National Petroleum Corporation (NNPC) has said that the Nigerian oil and gas industry will require at least $40 billion in direct investments in basic infrastructure to achieve the federal government’s
Nigeria’s External Reserves Lost $640m Last Month-CBN
Nigeria’s external reserves lost $640m in May, falling to $34.24bn on May 28 from $34.88bn as of April 28,according to a report by the Central Bank of Nigeria(CBN) The apex bank disclosed
Nigeria Must Stop Borrowing To Finance Consumption- Accountants
New President of the Institute of Chartered Accountants of Nigeria (ICAN), Comfort Eyitayo,has advised Nigeria to stop engaging in borrowing to finance consumption in the country. She gave the advice while speaking
Nigeria Can- And-Must Climb Out Of The Hole Made By Corruption
By Aigboje Aig-Imoukhuede I was 13 years old in 1979, when Nigeria began to slip into a dark, frightening hole that seemed to have appeared overnight, and from which it has
Ketron Investment Limited Takes Over Shoprite Stores
An indigenous company, Ketron Investment Limited, has taken over Shoprite Nigeria from the Retail Supermarkets Nigeria Limited, RSNL, owner and operator of the Shoprite stores in Nigeria. The divestment by Shoprite International
Road Concession: We Will Be Transparent-FG
The Federal Government has stated that it is committed to a transparent, fair and competitive bidding process for the 12 Pilot Road corridors earmarked for concession through the Value-Added Concession programme under
I’m Under Pressure To Release Ibadan Human Parts Dealer-Amotekun Commandant
The Oyo State Commandant of Amotekun Corps Col Olayinka Olayanju,has said that certain personalities have been pressurizing him to release a suspected human parts dealer,Mutiu Abdul-Rasheed,who was arrested by his officials in
