Local News
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137NNPC Shifts $700m Gas Pipeline Delivery Date to August
The completion date for the $700m Obiafu-Obrikom-Oben gas pipeline project, popularly called OB3, has been shifted from March 2024 to August, as...
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138Nigeria’s Public Debt Hits ₦121.7tr
Nigeria’s Total Public Debt stood at N121.67 trillion ($91.46 billion) at the end of March this year. The Debt Management Office (DMO)...
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146FG Eyes $4.4b New Loans as Debt Hits ₦101tr
The Federal Government has borrowed a total of $4.95bn in loans from the World Bank in the past 12 months, pushing the...
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145Revenue-Generating Agencies Owe FG Over ₦3tr –FAAC
The Federal Government could face a potential loss of N2.97tn and $36.33m if revenue-generating agencies in the country do not reconcile unremitted...
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131FG Awards ₦14B Shoreline Protection Contract for Outer Mariner
The Federal Government has awarded a contract worth about N14 billion to a construction company, Buildwell, for the reconstruction of the outer...
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298MAN: Capacity Utilisation, Production Sales, Investment Suffered Decline in Q1’24
A survey conducted by the Manufacturers Association of Nigeria (MAN) has revealed worsening impacts of the macroeconomic environment on the manufacturing sector....
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235FG Eyes $500m World Bank Loan for Rural Roads
The Federal Government is seeking a $500m loan from the World Bank to enhance rural road infrastructure and agricultural marketing across the...
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235NNPC Withdraws Suit Against ExxonMobil, Seplat $1.28bn Deal
The Nigerian National Petroleum Company Limited (NNPC) has applied to a High Court of the Federal Capital Territory, Abuja, to stop its...
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234NNPC Seeks Judiciary’s Support Against Crude Oil Theft
In order for the oil and gas industry to achieve its full potential as an enabler of national economic and industrial growth, its...
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237NIMC Reaffirms Commitment to Secure Identity Services
The National Identity Management Commission (NIMC) has assured Nigerians of its commitments to offer secure identity services, designed to protect citizens’ data,...
