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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Sahara Group Targets 350,000 Barrels A Day
Sahara Group, a global energy and infrastructure conglomerate is expanding its upstream capacity with a target of producing 350,000 barrels of oil per day within the next five years. Leste Aihevba, Chief
Nigerian Electricity Market Reforms Intact, Commissioners Affirm
Majority of states in Nigeria have continued to advance electricity reforms through legislation, regulatory frameworks, and market design initiatives, the Forum of Commissioners for Power and Energy (FOCPEN) has said. Prince Eka
MOMAS Group Boss Inaugurates Artificial Intelligence, Digital Engineering College At Summit Varsity
Engineer Kola Balogun, Chairman of MOMAS Group, recently visited Summit University, Offa (SUN, Offa), Kwara State, to inspect the new Kola Balogun College of Artificial Intelligence and Digital Engineering (KBCOAIDE) complex. This
How Policy Missteps Weigh Down Nigeria’s Fragile Banking Giants
BY BLAISE UDUNZE Nigeria’s banking sector has always stood at the center of the nation’s economic hopes. Yet, instead of fueling growth and wealth creation, the sector finds itself trapped in a
Olubadan Warns Land Grabbers
The Olubadan of Ibadanland, Oba Rashidi Adewolu Ladoja has warned land grabbers in Ibadan to desist from their illegal activities or face the full wrath of law. The Asipa Olubadan – designate,
Ondo Issues First Tariff Order To BEOL
The Ondo State Electricity Regulatory Bureau (OSERB) has issued its first tariff order to BEDC Electricity Ondo Limited (BEOL). BEOL replaced BEDC Electricity Plc as the state’s electricity distributor in 2025. BEOL
Stop Speaking Ill Of Nigeria, Tinubu Begs
President Bola Tinubu has reiterated his call on Nigerians to refrain from speaking ill of the country, saying the country is destined for greatness. He spoke on Wednesday at the re- commissioning
Nigeria@65:Continental Hotels Celebrates,Reaffirms Commitment To Excellence
Continental Hotels ,Nigeria has reaffirmed its dedication to delivering world-class hospitality while championing Nigerian culture, innovation, and sustainable growth. Group General Manager, Continental Hotels ,Karl Hala gave the assurance on the occasion
Nigeria At 65: A Nation Still Waiting For Banking Revolution
BY BLAISE UDUNZE Sixty-five years after independence, Nigeria’s banking sector boasts towering profits and continental reach. Yet behind the glossy numbers lies a sobering truth: banks remain disconnected from the real economy,
Nigeria@65:ECN Seeks Support For Solarization Project To Fix Power Sector
Nigerians must support the Federal Government’s solarization project in order to address the challenges of inadequate power supply in the country, the Director General of the Energy Commission of Nigeria, ECN, Dr.
