…As Rivers state government vehemently, factually refute false report of JBN bridge collapse in Port Harcourt The Rivers State Governor, His Excellency, Nyesom Ezenwo Wike, CON, DSSR, POS (Africa), has…
Read More Flyover, roads commissioning, and project flag off: “Julius Berger work remains the strongest and most reputable engineering intergrity benchmark in Nigeria’s construction industry – WikeCategory: Business
NNPC resolves thirty-year conflict, renews licences of five OMLs
The Nigerian National Petroleum Company (NNPC) Limited on Friday said it has renewed oil production sharing contracts (PSCs) with its partners, after almost three-decade. The PSCs were first introduced in…
Read More NNPC resolves thirty-year conflict, renews licences of five OMLsReport: With $13bn debt, Nigeria ranks fourth on IDA debtors’ list
Nigeria has moved one spot up in the latest top 10 International Development Association (IDA) borrowers’ list. IDA, part of the World Bank, helps the world’s poorest countries. According to…
Read More Report: With $13bn debt, Nigeria ranks fourth on IDA debtors’ listWorld Bank, Peter Obi calls for removal of fuel subsidy, says it poses existential threat to Nigeria
The current petrol subsidy regime poses an “existential threat” to Nigeria, the World Bank has said, even as Labour party presidential candidate, Peter Obi on Thursday said the country must…
Read More World Bank, Peter Obi calls for removal of fuel subsidy, says it poses existential threat to NigeriaPeter Obi advocates restriction of borrowing to 5% of previous year’s revenue
By our reporter| Nigeria should restrict borrowings to a statutory 5 percent of the previous year’s revenue, Labour party presidential candidate, Peter said on Thursday. Obi, who gave the advise…
Read More Peter Obi advocates restriction of borrowing to 5% of previous year’s revenue
