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Nigeria’s public debt hits N44.06trn – DMO

Nigeria’s public debt hits N44.06trn – DMO

Nigeria’s public debt reached N44.6 trillion in the third quarter of 2022 (Q3 ’22), according to data released by the…
Fire outbreak in Conoil filling station in Abuja

Fire outbreak in Conoil filling station in Abuja

There is a fire outbreak in the Conoil filling station located in Area 10, Abuja. According to our reporter, who…
Fire outbreak in Conoil filling station in Abuja

Fire outbreak in Conoil filling station in Abuja

There is a fire outbreak in the Conoil filling station located in Area 10, Abuja. According to our reporter, who…
Fuel scarcity: DSS gives NNPC, oil marketers 48 hours to make product available

Fuel scarcity: DSS gives NNPC, oil marketers 48 hours to make product available

The Department of State Services (DSS) has given the Nigerian National Petroleum Company (NNPC) Limited and oil marketers a 48-hour…
..may lose $23bn to oil theft in 2023, says Monguno

..may lose $23bn to oil theft in 2023, says Monguno

Babagana Monguno, the national security adviser, says the federal government may lose $23 billion in 2023 if crude oil theft…
Nigeria’s oil production now 1.6m bpd, says NNPC

Nigeria’s oil production now 1.6m bpd, says NNPC

The Nigerian National Petroleum Company (NNPC) Limited says the country’s crude oil production has increased to 1.6 million barrels. Bala…
Cash withdrawal above N100,000, N500,000 attract 5%, 10% charges

Cash withdrawal above N100,000, N500,000 attract 5%, 10% charges

The Central Bank of Nigeria, CBN, has issued a revised cash withdrawal policy, stating that cash withdrawals above N100,000 and…
Naira redesign: Cash withdrawals, ATMs limits heavy blow on looters, kidnappers, others – Experts

Naira redesign: Cash withdrawals, ATMs limits heavy blow on looters, kidnappers, others – Experts

Economic experts have said that the Central of Nigeria, CBN, revised policy on cash withdrawals is a heavy blow to…
No airline makes profit on wet-leased aircraft, Sanusi makes case for formidable MRO

No airline makes profit on wet-leased aircraft, Sanusi makes case for formidable MRO

Managing Director of Aero Contractors, Captain Ado Sanusi has said no airline can succeed or make profit basing their operations…
‘Forex crisis, fuel price spike intensify safety surveillance on local airlines’

‘Forex crisis, fuel price spike intensify safety surveillance on local airlines’

The Nigerian Civil Aviation Authority (NCAA) has hinted that multiple operational challenges are taking a heavy toll on the local…
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