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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NLNG, Six Suppliers Sign Agreements To Boost Gas Supply To Bonny Plant
The Nigerian Liquefied Natural Gas Limited, has signed long-term Gas Supply Agreements (GSAs) with six third-party gas suppliers in order to strengthen feedgas supply to its existing trains on Bonny Island and
FAAC Disburses N2.001 Trillion To FG, States,LGs In July
The sum of N2.001 trillion, being July 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils in the country. Bawa Mokwa, the Director of
Oil Spill:Group Urges NNPC To Decommission 17 Abandoned Wellheads
The Miideekor Environmental Development Initiative (MEDI), has implored the Nigerian National Petroleum Company Limited (NNPCL), to immediately decommission 17 aging wellheads in the oil field that were abandoned since 1993 to avert
NNPC Drives Fresh Business Model With Value Creation, Efficiency
Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Engr. Bashir Bayo Ojulari, has reaffirmed the company’s strategic direction towards value creation, competitiveness and efficiency as the pillar of its new
Shell Aids Local Content Development In Nigeria’s Energy Industry-PETAN
The Petroleum Technology Association of Nigeria (PETAN) has lauded Shell for supporting Nigerian content development in the energy industry. The group also presented an Award of Excellence to the Managing Director of
Adamawa:Mustapha Salihu Donates ₦10 Million, Relief Materials To Flood Victims
Victims of the recent flood disaster in Hong Local Government Area of Adamawa State have received a lifeline from Comrade Mustapha Salihu, the National Vice Chairman (North-East) of the All Progressives Congress
FG Deactivates Over 13 Million Social Media Accounts
Thirteen million, five hundred ninety-seven thousand, fifty-seven (13,597,057) social media accounts have been closed down and deactivated by the Federal Government over offensive contents and other violations. A statement on Wednesday signed
How To Promote Sustainable Development In Nigeria-NESG
Building infrastructure for competitiveness is a cornerstone of sustainable development in Nigeria,the Nigerian Economic Summit Group(NESG),has said. The group emphasized this in a statement on Wednesday issued by Ms. Ayanyinka Ayanlowo, Acting
Reps Summon 11 DisCos Over N2.6 Trillion Debt
The House of Representatives Committee on Public Accounts has summoned 11 electricity Distribution Companies (DisCos) to appear before it over N2.6 trillion debt owed to the federation account. This decision was arrived during
Epileptic Power Killing Many Industries In Nigeria-ECN
Many manufacturing industries in Nigeria are currently experiencing hard times due to epileptic power supply, Dr Mustapha Abdullahi,Director-General/Chief Executive Officer of Energy Commission of Nigeria(ECN), has said. He said this on Wednesday
