Nigeria’s Debt Rose To N46.25trn In 2022 – DMO   The Debt Management Office (DMO) has stated that Nigeria’s debt profile as of December 31, 2022 is N46.25 trillion or $103.1bn. In a statement yesterday, DMO said there was an increase of...

E-Naira: Remarkable Milestones in Adoption, Spread & Acceptance, by Abdulrahman Abdulraheem   The Central Bank Digital Currency (CBDC), popularly called e-Naira, is travelling far and wide, growing and spreading to every nook and cranny of the nation faster than envisaged by...

NUFTS Calls For Peace, Unity, And Respect For The Rule Of Law After 2023 General Election   Nigerians Unite for Tinubu/Shettima (NUFTS) held a press conference today in Abuja, Nigeria, where they emphasized the need for peace, unity, and respect for...

Oil Exploration: NNPCL To Boost Reserves To 50 Billion Barrels   The ongoing oil exploration in Nigeria’s frontier basins is to grow the country’s crude oil reserves from 37 billion barrels to 50 billion barrels, the Nigerian National Petroleum Company Limited...

Customs Rake In N54bn Revenue In Three Months   The Nigerian Customs Services (NCS) says it generated over N54 billion revenue from its operations in Area 2 Command, Onne Port, Rivers State, between January and March, 2023. The Comptroller, Baba Imam, who...

Stock Market Depreciates By N341bn Amid Profit-taking   The profit-taking continued to dominate the stock market of the Nigerian Exchange Limited (NGX) as the capitalisation down by N341 billion amid sustained negative investors’ sentiment. The NGX All Share Index (ASI) decreased by...