FG eyes $20m power sector investment, targets 20,000MW in three years
Adebayo Adelabu, the Minister of Power, says the government is targeting a $20 million investment to ramp up power generation to 20,000 megawatts by...
Nigeria’s debt servicing gulped N2.34trn in six months – DMO
The Debt Management Office (DMO) says Nigeria spent N2.34 trillion on debt service within six month of 2023.
DMO disclosed this in its latest data...
Indian Investors Pledge $14bn Investment In Nigeria
President Bola Ahmed Tinubu says Indian investors have pledged $14 billion in direct investments in Nigeria.
Ajuri Ngelale, Special Adviser to the President on Media...
Nigeria requires $20bn annually for gas expansion projects – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigeria requires $20 billion annually to achieve the desired gas expansion plan to bridge the country’s...
Failed Transactions: Frustration, agony persist for banks’ customers
The never-ending complaints about banks' failure to reverse failed client transactions have caused grave worries in Nigeria's financial system.
Over 60% of bank clients' concerns,...
Nigeria Mining Cadastre generated N18bn in four years – DG, Nkon
Obadiah Nkon, the director general of the Nigeria Mining Cadastre Office (MCO), said that from 2019 to May 2023, the office raised income generation...
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