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Category: Economy

Business Economy headline

Nigeria in trouble, our revenue too small to sustain debt size of debt, says Akabueze

Iheanyi Ejiofor May 11, 2023 No Comments #debt servicing#debt size#Nigeria

Our reporter/ The director-general of the budget office of the federation, Ben Akabueze has warned that Nigeria’s borrowing space keeps reducing due to the inability to service debt. Akabueze, who…

Read More Nigeria in trouble, our revenue too small to sustain debt size of debt, says Akabueze
Business Economy headline

BVN issued in Nigeria has no expiry date – CBN

Iheanyi Ejiofor May 11, 2023 No Comments #BVN#CBN

THE Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by a national newspaper. Its…

Read More BVN issued in Nigeria has no expiry date – CBN
Business Economy

Fuel Subsidy: Buhari writes senate, requests $800m world bank loan

Iheanyi Ejiofor May 10, 2023 No Comments #800m world bank loan

President Muhammadu Buhari has sent a letter to the Senate seeking approval to take a loan to the tune of $800 million from the World Bank to cushion the effects…

Read More Fuel Subsidy: Buhari writes senate, requests $800m world bank loan
Business Economy

NNPC, Axxela inaugurate gas infrastructure in Ogun

Iheanyi Ejiofor May 10, 2023 No Comments #Axxela#NNPC

The Nigerian National Petroleum Company (NNPC) Limited says its subsidiary, the Nigerian Gas Marketing Limited, on Tuesday, inaugurated a 150 million standard cubic feet per day (mmsccfd) natural gas city gate…

Read More NNPC, Axxela inaugurate gas infrastructure in Ogun
Business Economy headline

Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines

Iheanyi Ejiofor May 10, 2023 No Comments

9th May 2023 – Afam, Rivers State; The Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo on Tuesday commissioned Transafam Power – a subsidiary of Transnational Corporation…

Read More Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines

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