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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Kano Hydro Power Plant Begins Operations Next Year
The multi million naira 10 megawatts Kano Hydro Power Plant will begin operation in the first quarter of next year. The Commissioner for Power and Renewable Energy, Dr. Ghaddafi Sani Shehu, disclosed
Court Rules Thursday On Admissibility Of Documents In Emefiele’s Fraud Trial
A Lagos Special Offences Court, Ikeja, has reserved ruling till today (Thursday), on admissibility of documents sought to be admitted by court in the alleged $4.5bn ongoing fraud trial of former Governor
Tinubunomics And The Broken Logic Of Nigeria’s Subsidy Removal Policy
By Abidemi Adebamiwa Watching a mechanic fix my car the other day reminded me how a nation can collapse under the weight of its own impatience. Before replacing a part, he lifted
From Policy To Progress: Olu Verheijen’s Blueprint For Nigeria’s Energy Renewal
By Kunle Odusola-Stevenson Nigeria’s energy sector is entering a new era of clarity, coordination, and confidence — and at the heart of this transformation is Mrs. Olu Arowolo Verheijen, Special Adviser to
Nigeria’s Economy On Recovery Path-Emir Sanusi
Nigeria’s economy is on the right path of recovery, Dr. Sanusi Lamido, Emir of Kano and former Governor of the Central Bank of Nigeria (CBN) has said. Lamido, who stated this at
UTM Harps On Sustainability, Respect For Environment
UTM Offshore Limited has expressed commitment to conducting operations with integrity, sustainability, and respect for the communities and environment. The Group Managing Director/CEO of UTM Offshore Limited, Dr. Julius Rone, disclosed this
Sahara Group Foundation Expands Go Recycling Initiative
Sahara Group Foundation, the corporate social impact vehicle of Sahara Group, has commissioned its 15th Sahara Go Recycling hub in Ijede, Ikorodu Local Government Area of Lagos. The development further underscores the
The Nigeria Oil Industry Is Seeking To Return Ogoni To 1995
Fegalo Nsuke In the past six years, the Movement for the Survival of the Ogoni People (MOSOP) has pursued a peaceful and more generally acceptable path to resolve the Ogoni problem.
N21trn Illusion: How Banks’ Appetite For Government Debt Chokes Growth
By BLAISE UDUNZE In a healthy economy, banks serve as the arteries through which capital flows to productive enterprises, creating jobs, stimulating innovation, and driving national prosperity. In Nigeria, however, the reverse
NNPC, Sahara Group, Eroton Launch 2.2m Barrel Production Platform To Increase Nigeria’s Oil Output
The Nigerian National Petroleum Company Limited, Sahara Group, Eroton Exploration and Production, and Bilton Energy Limitrd have commissioned Nigeria’s first wholly owned 2.2 million-barrel capacity Floating Storage and Offloading (FSO) vessel, designed
