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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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
Fraud:AfDB Slams 36months Sanction On Nigerian Company
The African Development Bank Group today, announced the 36 month debarment of Maxicare Company (Nigeria) Limited for fraudulent practices. The bank’s action took with effect from 23 February 2021. Specifically,the bank said
Insecurity:Ortom Urges FG To Seek Foreign Help
Samuel Ortom, the Governor of Benue has advised the Federal Government to consider foreign assistance in order to tackle insecurity in the country. Ortom,who gave the advice while inaugurating Army Day Secondary
Pantami Dangerous To Peace Of Nigeria-CACOL
The Centre for Anti-Corruption and Open Leadership (CACOL) has added its weight to the calls on President Muhammadu Buhari to relieve the Minister of Communication and Digital Economy, Isa Pantami, of his
Abuja Next Safe Haven For Bandits-Senate
The Senate has said that Abuja is the next safe haven for insurgents who have taken over some communities in Niger State. The upper chamber,expressed disgust over the development emphasized the need
