WHY NIGERIA’S DEBT PROFILE ROSE TO 19.1 TRILLION NAIRA IN MARCH

The Debt Management Office on Monday released the debt profile of the country as at March 31st 2017. This is N1.8tn increase from the N17.36tn recorded at the end of December 2016.As...

OPEC HEAD SAYS NIGERIA, LIBYA TO REMAIN EXEMPT. FOR NOW

The Secretary General of OPEC, Mohammed Barkindo, believes it is too early to discuss ending the exemption from the oil production cut deal that Libya and Nigeria have been benefiting from,...

CENTRAL BANK ARRESTS MMM OPERATORS

Two officials of Mavrodi Mondial Movement, referred to as MMM - the official money doubler, have been arrested at the instance of the Central Bank of Ghana.The two were arrested in...

NIGERIAN LAWMAKERS PROPOSE PETROL PRICE HIKE TO FIX ROADS

A Nigerian parliamentary committee has proposed a marginal increase in petrol prices to help fund badly needed road repairs in the West African nation, according to a document seen by Reuters. Raising...

SARAKI: HOW TO ATTAIN ENERGY SECURITY IN NIGERIA

Senate President, Dr Abubakar Bukola Saraki, on Friday, listed steps that need to be taken to achieve energy security in the country that would lead to a safe environment and uplift...

NNPC, BAYELSA STATE TO BUILD POWER PLANT

The Nigerian National Pe­troleum Corporation (NNPC) and the Bayelsa State Government are to build a power plant in the state. A statement by the corpora­tion said the Group Managing Director of the...

HELP CHANGE NIGERIA’S SOCIO-ECONOMIC SITUATION – A.G. PRESIDENT OSINBAJO TO SIP EXECUTORS

Acting President Yemi Osinbajo has urged executors of the Social Investment Programmes (SIPs) of the Federal Government to ensure their activities change the current socio-economic situation in the country. Osinbajo said this...

Democracy Day: Ndoma-Egba praises Nigerians for their sacrifices

The Chairman of the Governing Board of the Niger Delta Development Commission (NDDC), Distinguished Senator Victor Ndoma-Egba, (CON, OFR SAN), on Sunday underlined the role played by Nigerians in enhancing democracy. "Nigerians have...

U.S. Government Supports Nigeria in Fight against Cybercrime and Financial Fraud

U.S. Ambassador to Nigeria W. Stuart Symington has revealed efforts between U.S.-Nigerian cooperation in combatting cybercrime and financial fraud. He made the disclosure at the 2ndAnnual Conference on Combatting Financial Fraud, Cybercrime,...

Lagos CP Accuse, DPOs, Area Commanders of Corrupt Dealing With Crime Figures in Exchange...

Area commanders and Divisional Police Officers (DPOs) in Lagos state have formed corrupt relationships with organised crime figures, receiving kickbacks in exchange for money, according to the state police commissioner, Mr...

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