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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Debt:Firm Seeks Court Order To Wind-Up BUA Group
A logistics firm, Mainland Cargo Options Limited, has sought an order of a Lagos Federal High Court to wind up BUA Group Limited over alleged failure of the company to pay its
Seplat Empowers 143 Teachers in Edo, Delta States
One hundred secondary school teachers and 43 Chief Inspectors of Education (CIE) from Edo and Delta states have received Seplat Teachers Empowerment Programme (STEP) Certificates,following the conclusion of three-month training on the
Why Businesses Fail In Africa-First Bank Boss
Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited,has said that capital constraint, social infrastructure and cultural approach as some of the limiting factors encountered by businesses in Africa. He
FG Moves To Halt N50bn Monthly Subsidy On Electricity
The Federal Government has announced plans to totally eradicate subsidy payment in the power sector by the end of the year, saying that the amount it pays monthly to subsidise the sector
Ekiti Police Arrest Three hoodlums Over By-Election Violence
The police in Ekiti have arrested three hoodlums linked to the attack on voters and election officials in the Ekiti House of Assembly by-election on Saturday. The Commissioner of Police in Ekiti
Buhari Must Address Nigeria’s Insecurity Now-Group
Mr. Tony Uranta TIU, the Executive Secretary of Nigeria National Summit Group,has tasked the Federal Government to resolve the ongoing insecurity issues, threatening the very fabric of Nigeria Uranta,who gave the advice
Naira Devaluation Weakens Insurance Industry’s Capital-Agusto & Co
The pan-African Credit Rating Agency, Agusto & Co, has said that the persistent naira devaluation in Nigeria has reduced the strength of the insurance industry’s capital since the last recapitalisation exercise in
Africa’s Digital Commerce Will Hit US$500bn In 2030-Report
A new report launched by the Economic Commission for Africa (ECA) has revealed that digital commerce in the continent could hit US$500 billion by 2030. This is buttressed by the fact that
Rights Activist Raises Alarm Over Health Of American Lady In Police Detention
Human rights activist and Senior Advocate of Nigeria, Ebun-Olu Adegboruwa, has raised an alarm over the deteriorating health of the American lady in police custody, Kari Ann R’ouke. He spoke on the
Gunmen Kill 2 Correctional Officers , Free Inmate In Anambra
An identified gunmen have attacked a court duty vehicle of the Nigerian Correctional Service NoCS conveying inmates from court in Anambra State killing two officers and setting free the inmates. The incident
