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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Yari Steps In to Pay Geregu’s N40.09 bn Bond Debt, Reassures Investors
The Chairman of the Board of Directors of Geregu Power Plc, Senator Abdul’aziz Abubakar Yari, has moved to address the company’s immediate outstanding bond obligation, personally committing funds to protect bondholders and
Chevron Boss Joins NESG Board
The Nigerian Economic Summit Group, NESG, has appointed Mr. Jim Swartz, Chevron Boss, as a Director on its Board. In a statement on Thursday, NESG Chief Executive Officer, Dr. Tayo Aduloju, said
Ikeja Electric, Others Celebrate Platforms Africa’s Adeola Yusuf On LASU Ph.D Milestone
Ikeja Electric has described the conferment of a doctorate degree on Dr. Adeola Yusuf of Platforms Africa by Lagos State University as a major win for “town and gown.” The power distribution
Procurement Reforms: BPP Saves FG N1.5tn In 17 Months
The Bureau of Public Procurement, BPP, has saved the Federal Government about N1.5 trillion in 17 months through tighter procurement controls, improved benchmarking and reforms aimed at curbing waste. The Director-General of
NESG Demands Structural Reforms To Drive Industrialisation
The Nigerian Economic Summit Group, NESG, has advocated the need for urgent structural reforms and coordinated policy implementation to drive Nigeria’s industrialisation, warning that macro-economic stability alone will not deliver jobs, higher
Anambra Community Protests TCN Plan To Demolish 1,000 Houses For Power Lines
Residents of Nnobi in Idemili South Local Government Area, Anambra State on Monday staged a protest against the Transmission Company of Nigeria, TCN, over plans to demolish over 1,000 houses. The protesters,
Four Almajirai Die In Kano Hospital After Suspected Food Poisoning
Four Qur’anic students, known as Almajirai, have died in Kano State after reportedly consuming contaminated food. The students were from the Tsangaya of Malam Iliyasu Mai Tsangaya in Kadage Sharifai, Ungogo Local
Inflation Eases To 15.43% In July— NBS
Nigeria’s headline inflation rate reduced further to 15.43 per cent in July 2026, down from 15.91 per cent in June, the National Bureau of Statistics (NBS) has said. Food prices in Nigeria
Millions Still Jobless Despite Nigeria’s Economic Potential, Says NESG
The Nigerian Economic Summit Group (NESG) has said that Nigeria has the potential to be a leading economy, but millions of Nigerians are still unemployed. In a statement on Sunday, NESG announced
Osun Election: FRSC Deploys 2,500 Personnel, 50 Vehicles For Traffic, Emergency Response
The Federal Road Safety Corps, FRSC, has deployed 2,500 personnel and 50 operational vehicles to ensure safe and orderly movement during Saturday’s Osun State Governorship Election. The deployment, announced on Friday by
