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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DisCos Failed Nigerians 13 Years After Privatisation-Reps
The House of Representatives has accused electricity Distribution Companies (DisCos) of failing to meet their obligations to consumers, 13 years after the privatisation of the industry, which was meant to improve electricity
K1 Sues Gov Abiodun, Others Over Awujale Stool
Renowned Fuji musician, Otunba Wasiu Ayinde Adesanya, has approached the Ogun State High Court sitting in Ijebu-Ode, seeking an interim order restraining the Ogun State Government and other parties from taking further
Malami Remains In Prison As Court Rejects Bail Bid
A Federal High Court in Abuja, on Thursday, rejected a bail request of the immediate past Attorney-General of the Federation and Minister of Justice, Abubakar Malami, (SAN), seeking to compel the Economic
Reactions Trail Resignation Of NMDPRA, NUPRC CEOs
Reactions have trailed Wednesday’s resignation of the of two chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Engineer Farouk Ahmed
I Was Never PDP Member-Fubara
Rivers State Governor, Sim Fubara has said he was not really a member of the Peoples Democratic Party, before he defected to the All Progressives Party. Fubara, who said on Thursday after
Nigeria’s Mining Revenue Hits N50bn
Nigeria’s mining revenue has grown from about ₦12 billion to over ₦50 billion in 2025, with the issuance of 867 new mining licences within the year, the Minister of Solid Minerals Development,
Dangote’s Next Battle
By Zayyad I. Muhammad The Petroleum Industry Act (PIA) 2021 does not prohibit the importation of petroleum products into Nigeria. There is no outright ban; rather, the Act supports a
EFCC Arrests Herbalists, Recovers $3.4m, €280, 000 Counterfeit Notes
Operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have uncovered huge counterfeit foreign notes to the tune of $3, 430, 000 (Three Million, Four Hundred and
NMDPRA,NUPRC Bosses Quit
The Chief Executive Officers of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),Gbenga Komolafe have resigned. President Bola Ahmed Tinubu has
Why 100 Power Projects Were Delayed-TCN
The Transmission Company of Nigeria (TCN),has said that persistent funding constraints, right-of-way challenges, vandalism and insecurity have stalled the completion of more than 100 ongoing transmission projects across the country. The Managing
