Nigeria’s Public Debt Climbs to N33.1tn – DMO
The latest figures from the Debt Management Office (DMO) have revealed that as of December 31, 2020, Nigeria’s total public debt had a 0.58 per cent marginal increase from N32.916…
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Reps Ask CBN to Halt the Trend of Losses Due to Naira Devaluation
The House of Representatives decried that while the Nigerian currency was losing value, others in African were appreciating. The House has therefore asked the Central Bank of Nigeria to urgently…
Continue readingBuhari Justifies $1.9bn Nigeria-Niger Republic Railway Project
During an interview on Arise Television aired on Thursday, the President, Muhammadu Buhari, has defended his decision to construct railways and roads extending into Niger Republic. According to the President,…
Continue readingFEC Seek Approval for N895 billion 2021 supplementary budget
The Federal Executive Council (FEC) has today approved a draft supplementary budget of N895 billion for the year 2021. This was revealed by the Minister of Finance, Dr. Zainab Ahmed,…
Continue readingDespite challenges, Dangote Refinery will be completed by December
The Executive Director, Strategy, Capital Projects and Portfolio Development in the Dangote Group, Mr. Edwin Devakumar, has reiterated his optimism that the Dangote refinery project which is currently under construction…
Continue readingReps Mandate Committees to Probe Circumstances of Twitter’s Suspension
The House of Representatives has mandated its relevant committees to investigate the circumstances that led to the suspension of Twitter operations in Nigeria, following the public outrage that greeted the…
Continue readingChina Blocks Cryptocurrency-related Accounts
In attempt to step up a crackdown on bitcoin trading and mining, a slew of crypto-related accounts in China’s Twitter-like Weibo platform have been blocked by Beijing. More actions are…
Continue readingNational Assembly Concludes Deliberations on PIB
Speaking during the opening session of the 2021 Nigeria International Petroleum Summit in Abuja the President of the Senate, Ahmed Lawan, on Monday assured that the National Assembly will pass…
Continue readingWorld Bank Lists Nigeria Among Top Three Countries with Electricity Deficits
The World Bank has disclosed that during the last decade, a greater share of the global population gained access to electricity than ever before. It however listed Nigeria among the…
Continue readingLASG: New Guidelines on Village Development to Released
The Commissioner for Physical Planning and Urban Development, Dr. Idris Salako, disclosed this at a stakeholders’ meeting that Lagos State Government has prepared development guide plans for nine excised villages…
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