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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NNPC Rakes In ₦2.217triilion From Sales Of White Products
The Nigerian National Petroleum Corporation (NNPC) has said it generated ₦2.217triilion from the sales of white products for the period December 2019 to December 2020 . Petrol contributed about 99.09% of the
FG To Stop Fuel Subsidy
Mele Kyari, the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation, has dislosed that the country will continue payment of subsidy on imported fuel. The country,he said,spent N120billion,he said,adding the
How Russia Can Finance Energy Projects In Nigeria,Others
African Energy Chamber has emphasized the need for Russia to play immense role in financing energy projects and gas development in Nigeria,Mozambique, Senegal, Tanzania, other countries. N.J Ayuk,the Executive Chairman of the
Reps Set To Consider Bill On Removal Of Local Government From 1999 Constitution
The House of Representatives is set to commence debate on the general principle of a bill which seeks to remove Local Government from the 1999 Constitution (as amended). The bill was sponsored
Digitisation, Finance & Risk Management to Remain the Focus for Oil and Gas Operators – Victor Okoronkwo*
The Group Managing Director, Aiteo Eastern E&P, Sir Victor Okoronkwo has stated that financial leadership and risk management will remain the key areas of focus for upstream oil and gas companies. Okoronkwo
BUA Boss Floats $100m Annual Africa Fund
The Abdul Samad Rabiu Initiative has launched a $100m Annual Africa Fund for social development and renewal. The Chairman of BUA Cement, Abdulsamad Rabiu,explained that $50m of the fund would go to
NIMASA To Deploy Modular Floating Dock Soon
Dr Bashir Jamoh, Director-General, Nigerian Maritime Administration Safety Agency (NIMASA) has said that its modular floating dock is in the process of being deployed. Jamoh disclosed this during a visit to Managing
Troops kill 2 bandits, injure several others in Kaduna
Troops under the auspices of Operation Thunder Strike (OPTS) and 1 Division Nigerian Army have killed two bandits in Buruku axis of Chikun Local Government Area. Kaduna State Commissioner for Internal Security
Nigeria Must Maximize Its Gas Resources-Gbajabiamila
Femi Gbajabiamila ,the Speaker of the House of Representatives,has emphasized the need for Nigeria to maximise its natural gas resource. Hon Gbajabiamila who stated this while receiving a delegation of the
Senate Moves To Empower AMCON To Recover N16trn Debts
The Senate Tuesday considered a critical Bill seeking to empower Asset Management Corporation of Nigeria (AMCON) in the aspect of assets recovery, as well as strengthen it against economic sabotage
