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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First Bank Names Shobo As New MD
First Bank of Nigeria Limited has appointed of Mr Gbenga Shobo as its new Managing Director and Chief Executive Officer. Shobo was the deputy managing director of the bank before his current
TCN Mulls Grid Expansion
The Transmission Company of Nigeria, said it was vigorously pursuing its grid maintenance, expansion, and rehabilitation programme in the nation’s power sector. The company also said it was playing a vital role
Ikorodu LGA Offers 100 Students Bursary Award
No fewer than 100 indigent students from different tertiary institutions have received bursary award of N10,000 from Ikorodu Local Government Area, Lagos. The chairman, Ikorodu Local Government Area, Mr Wasiu Adesina, said
Nigeria Makes Top 7 Of Gas Flaring Countries-World Bank
Nigeria and six other countries were responsible for two-thirds of global gas flaring,the World Bank has said The Breton wood institution said gas flaring satellite data from 2020 reveals that Russia, Iraq,
Fidelity Bank Rakes In N10.1bn In Q1
Fidelity Bank Plc,says its profit margin hits N10.1bn in the first quarter of the year. Details of the unaudited results, released at the Nigerian Stock Exchange (NSE) show that Profit before Tax
Group Urges FG To Halt Planned Hike In Electricity Tariff
The Nigeria Consumer Protection Network has urged the Federal Government to halt the planned increase in electricity tariff in the country, saying the development would cause untold hardship to most Nigerians Kunle
Reps Consider Probe Of N500m For Reconstruction Of Chibok Secondary School
The House of Representatives, resolved to set up an ad hoc committee to investigate the N500 million safe school initiative fund earmarked for rebuilding Government Secondary School Chibok, Borno state. The resolution
Appointment Of New First Bank’s MD Faulty-CBN
The Central Bank of Nigeria has picked holes in the removal of the erstwhile managing director of First Bank of Nigeria Limited, Adesola Kazeem Adeduntan and the hurried appointment of his replacement
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
