President of the World Bank Group, David Malpass, has commended President Muhammadu Buhari and the Federal…
Month: October 2020
Nigeria’s foreign reserves shed $50.83m in 10 days
Nigeria’s foreign reserves fell by $50.83 million from $35.75 billion to $35.69 billion in the ten-day…
NNPC releases 2019 audited Financial Statement, cuts loss by 99.7%
Barely five months after publishing its 2018 audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC)…
NNPC estimates ANOH gas project to yield 600mcfd, equivalent of 2.4gw of electricity
As part of efforts to ramp up gas-to-industries and gas-to-power in the country, the Nigerian National…
Oshiomhole begs Ortom over N10bn libel suit
The former National Chairman of the All Progressives Congress (APC), Adams Oshiomole, has sought an out-of-court…
Edo Assembly reverses impeachment of Speaker Okiye
The Edo State House of Assembly on Wednesday reversed the recent impeachment of its Speaker, Hon.…
Stop prying into peoples’ cell phones, IGP warns police officers
The Inspector-General of Police, Mohammed Adamu, has ordered police officers to stop scrutinsing the cell phones…
Concerns as Nigerian banks strive to navigate through toxic loans
Nigeria’s economy is poised to expand at less than half the pace needed by banks next…
FG bows to pressure, considers ASUU’s proposed UTAS payment platform
The Federal government has resolved to consider the adoption of the University Transparency Account System (UTAS)…
FG shuns IMF’s debt relief overture
The Federal government announced on Tuesday that Nigeria would not take up the debt relief package…