Nigeria Imports $11bn Worth Of Sugar, Pharmaceuticals, Plastics   Sugar, pharmaceuticals and plastics worth $10.98bn were imported into Nigeria between 2020 and 2021, according to data from the International Trade Centre. Within the time under review, the nation spent $1.82bn on sugar...

Reps Invite Ministers Of Finance, Power, Others Over $33m Power Deal   The House of Representatives Committee on Finance has invited the Ministers of Power, Finance, Heads of Bureau of Public Procurement (BPP), Niger Delta Power Holding Company (NDPHC), Nigeria Bulk...

Nigeria’s Debt Hits $100bn, Stakeholders Express Concern   Stakeholders at the African Conference on Debt and Development (AFCODD) have raised concerns about Nigeria’s rising debt profile as the country’s debt stock stood at $100billion as of March 2022. A breakdown by the...

Osinbajo Inaugurates New National Council On Infrastructure   Vice President Yemi Osinbajo on Tuesday, inaugurated the National Council on Infrastructure, saying the move would bridge the nation’s infrastructure gaps while widening the frontiers of Public-Private sector collaboration. This was according to a...

In One Month, Nigeria Recovered Stolen Oil Worth N86.2bn   Different government security outfits operating across the country have recovered stolen oil worth N86.2bn in August. A total of 16, 000 litres of diesel valued at N800/litre (N12.8m) were on Monday reported...

Unremitted Funds: Reps Order NEPZA To Refund N13.3bn To FG   The House of Representatives on Tuesday asked the Nigerian Export Processing Zones Authority (NEPZA) to refund to the sum of N13.3 billion unremitted funds to the federal government’s treasury. The House...