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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Rail Project:Sanwo Presents Cheques To Land Owners
Lagos State Governor Babajide Sanwo-Olu has formally presented cheques to compensate those affected by the Rail Mass Transit Red Line Project in Lagos Speaking at the groundbreaking ceremony of the first phase
Ag.IGP Stops Monitoring Unit From Criminal Investigations
The Acting Inspector General of Police, (Ag.IGP) Usman Alkali Baba has stopped the IGP Monitoring Unit from “undertaking criminal investigations, including taking over cases from state commands.” Baba,who spoke at the opening
Murder :We Won’t Be Deterred – Military
General Bashir Magashi rtd, the Minister of Defence, General Bashir Magashi rtd,has expressed discontent over thev killing of an officer and eleven other soldiers in Benue state, saying the development would not
Lagos Airports Record 1million passenger- traffic In Q1-FAAN
The Federal Airport Authority of Nigeria (FAAN) has said that passenger traffic at the Murtala Muhammed Airport, MMA Lagos, in the first quarter of this year rose to over million with aircraft
Poisonous Fruit Juice: 10 Dead, 400 Hospitalised In Kano
The Kano State Government has said that confirmed that ten people died with four hundred more hospitalized after drinking poisonous fruit juice. The state Commissioner for Health, , in a video recording
FG Moves To Privatise FMBN
The Federal Government has inaugurated an 8-man committee to reform the Federal Mortgage Bank of Nigeria (FMBN) for optimum performance through commercialization and recapitalisation. Mr.Alex Okoh,the Director-General, Bureau of Public Enterprises (BPE),
SEC Insists On Eligible Operators In Capital Market
The Securities and Exchange Commission has justified its recent moves to ensure that only fit and proper persons continued to operate in the capital market. Mr Lamido Yuguda,the Director-General of the Security
Nigeria’s Inflation Hits 18.17%
The Consumer Price Index (CPI) which measures inflation further increased by 18.17 per cent in March compared to 17.33 per cent in the preceding month. The CPI Report for March, which was
Nigerians Express Over Drop In Power Supply
Nigerians have expressed dissatisfaction over the worsening level of power supply in the country, saying the development was counterproductive to the quest to grow the nation’s power supply. They also said the
Why Nigeria Is Ignorant Of Crude Oil Volume It Produces- NEITI
The Nigeria Extractive Industries Transparency Initiative,has said that Nigeria is ignorant of the actual volume of crude oil it produces,especially at the deep offshore fields. Orji Ogbonnaya-Orji, the Executive Secretary, NEITI, Orji
