The Presidency on Thursday clarified controversy surrounding the approval of a ₦3.3 trillion plan by President Bola Tinubu, to settle verified legacy debts owed to Power Generation Companies (GenCos) between…
Read More Presidency clarifies ₦3.3trn settlement plan approved for GenCos by TinubuCategory: Business
Oil production hits 1.84m/bpd on improved pipeline security – NNPC
The Nigerian National Petroleum Company Limited (NNPC) has confirmed that national crude oil production has grown from a low of 960,000 barrels per day in 2022 to an average of…
Read More Oil production hits 1.84m/bpd on improved pipeline security – NNPCAbia, Rivers ranked the least in transparency and use of public funds – 2025
Abia and Rivers State has been ranked as the in transparency in the use of public funds by statisense, Statisense, a leading AI data company specializing in financial report analysis,…
Read More Abia, Rivers ranked the least in transparency and use of public funds – 2025Obi raises alarm over ₦3.3 trillion power debt approval, questions Nigeria’s electricity crisis
Presidential hopeful of the African Democratic Congress, Peter Obi, has raised concerns over the Federal Government’s repeated approvals of trillions of naira to settle debts in Nigeria’s power sector, questioning…
Read More Obi raises alarm over ₦3.3 trillion power debt approval, questions Nigeria’s electricity crisisCBN concludes recapitalisation exercise, says 33 banks met capital requirements
The Central Bank of Nigeria (CBN) says 33 banks out of 38 met the revised minimum capital requirements under its recapitalisation programme aimed at strengthening the resilience of the financial…
Read More CBN concludes recapitalisation exercise, says 33 banks met capital requirements
