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...
NNPC Ltd Assets Worth $60bn, Says Kyari
The Group Chief Executive officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has said the assets of the newly reformed company are worth $60 billion (about N25.27 trillion).
Kyari stated this at...
Nigeria Generated $2.593bn From Non-oil Exports
The Executive Director/CEO, Nigeria Export Promotion Council (NEPC), Ezra Yakusak, yesterday said in spite of the global economic recession, that affected most businesses last year, the non-oil sector recorded a significant growth as a...
