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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NDLEA Seizes N90bn Drugs In 5-Months
The National Drug Law Enforcement Agency, (NDLEA), seized over 2000 tonnes and over N90 billion worth of drugs between January and now. Chairman of the agency,Brig.General Buba Marwa,who disclosed this at a
Obaseki Wins In Appeal Court
The Court of Appeal, sitting in Benin, has upheld the ruling of the Edo State Governorship Election Petition Tribunal against the Action Democratic Party (ADP), reaffirming the victory of Governor Godwin Obaseki
Ijaw Youths Kick, Protest Non-Appointment Of NDDC Board
The Ijaw Youth Council (IYC), has protested the refusal of the Federal Government to appoint a substantive board for the Niger Delta Development Commission (NDDC). The youths blocked the Mbiama section of
Delta State Yet To Receive £ 4.2 m Ibori Loot From FG
Delta State Government yesterday said it had not received from the Federal Government the 4.2 million pounds returned by the United Kingdom. In a press statement issued by Mr Olisa Ifeajika, Chief
Lagos Retirees Get N29bn In Two Years
The Lagos State government has paid the sum of N29,088,291,668.35 as accrued pension rights to 7,308 retirees in the last two years. Commissioner for Establishments, Training and Pensions, Ajibola Ponnle, who disclosed
How Troops Arrested Boko Haram Petrol Supplier In Yobe
Troops of Operation Hadin Kai have arrested Boko Haram terrorists petrol supplier in Yobe state. An operation update by the Director of Army Public Relations, (DAPR), Brigadier General Mohammed Yerima, said that
Heritage Bank Partners Silverbird On Youth Empowerment
Heritage Bank Plc has partnered Silverbird Group to empower and deepen its supports to young entrepreneurs in the Nigeria creative and entertainment industry. The bank said the development is in line with
Pencom: Contributory Assets Now N12.4tr
The National Pension Commission,has said that total assets under the Contributory Pension Scheme rose to N12.4tn as of the end of April. In its unaudited report on the pension funds industry portfolio
More Nigerians Paying Huge Tariffs–NERC
The Nigerian Electricity Regulatory Commission(NERC),has said that there had been significant improvement in tariffs payment by consumers in the sector since the implementation of service based tariffs. The agency said the sector
New Marginal Fields May Produce First Oil Next Year
The Department of Petroleum Resources (DPR) has said that it expects the first production of crude from some of the recently awarded 57 marginal oilfields in January 2022. Director, DPR, Mr Sarki
