30th April 2024 Chief Executive, NUPRC, Gbenga Komolafe The Federal Government on Monday announced the commencement of the 2024 oil bid rounds in accordance with…
View More FG begins fresh bid rounds for oil blocksCategory: Economy
Senate gives panel six weeks to probe N30tn CBN loans
12th March 2024 The Senate President, Godswill Akpabio, has charged the panel members investigating the N30tn “Ways and Means” loans secured from the Godwin Emefiele-led…
View More Senate gives panel six weeks to probe N30tn CBN loansFG laments blackout despite 65% subsidy, warns Discos
12th March 2024 Power distributors that reject electricity allocated to them by the Transmission Company of Nigeria shall be dealt with severely going forward, the…
View More FG laments blackout despite 65% subsidy, warns DiscosTinubu suspends REA boss, directors over alleged N1.2bn fraud
8th March 2024 President Bola Tinubu has indefinitely suspended the Managing Director/Chief Executive Officer of the Rural Electrification Agency, Ahmad Salihijo, alongside three executive directors…
View More Tinubu suspends REA boss, directors over alleged N1.2bn fraudReps demand 2024 budget review over forex crisis
8th March 2024 The House of Representatives has called for a review of the 2024 budget projections owing to the free fall of the naira…
View More Reps demand 2024 budget review over forex crisisBlue economy can add $1.5tn to global economy – Don
8th March 2024 The Vice-Chancellor of Maduka University, Enugu State, Professor Charles Ogbulogo, has said Nigeria’s blue economy holds great potential for the country and…
View More Blue economy can add $1.5tn to global economy – DonCBN printing of N22tn under Buhari fueled inflation –Edun
The Minister of Finance and Coordinating Minister of Economy, Wale Edun, has said the N22.7tn printed by the Central Bank of Nigeria through Ways and…
View More CBN printing of N22tn under Buhari fueled inflation –EdunBlackout: FG threatens to revoke DisCos licences
The Federal Government, on Wednesday, declared that it would withdraw the operating licences of power distribution companies that were intentionally not supplying electricity to consumers…
View More Blackout: FG threatens to revoke DisCos licencesSIM-NIN: NCC defends blocking of phone lines, lawyer slams N10bn suit
A Lagos-based lawyer, Olukoya Ogungbeje, on Monday filed a N10bn suit before the Federal High Court in Lagos against the Nigerian Communications Commission, its Executive…
View More SIM-NIN: NCC defends blocking of phone lines, lawyer slams N10bn suitFG pays $120m from gas debts as blackout spreads
The Federal Government has paid $120m out of the $1.3bn indebtedness to gas companies for the supply of gas to run gas-fired power plants across…
View More FG pays $120m from gas debts as blackout spreads