The Pension Transitional Arrangement Directorate has disclosed that it has paid more than N1tn in monthly pensions to Federal Government retirees under the Defined Benefit Scheme since it took over …
The Foundation for Partnership Initiatives in the Niger Delta (PIND) and the Ford Foundation have formally concluded the Bridges Project with a high-level stakeholders’ dialogue aimed at improving how Host …
Global financial institution Deutsche Bank has indicated strong interest in financing major rehabilitation and replacement works on two of Lagos’ most important bridges — the Carter Bridge and the Third …
The Asset Management Corporation of Nigeria has revealed that it has repaid about N3.6tn to the Central Bank of Nigeria since it was created in 2010 to stabilise the financial …
The Federal Government has projected a total revenue of N50.74 trillion for 2026 and an economic growth rate of 4.68 per cent, even as the proposed deficit for the year …
The United Kingdom may extend a $1 billion (about R17 billion) debt guarantee to South Africa as part of efforts to help the country shift to cleaner energy. The guarantee, …
The Federal Government has issued a clear warning to international oil companies and other operators in the petroleum sector, saying only those ready to speed up field development and deliver …
The Speaker of the House of Representatives, Abbas Tajudeen, has said that the National Assembly will continue to push tax reforms as part of Nigeria’s long-term plan to support energy …
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has launched the Nigeria 2025 Petroleum Licensing Round, an ambitious national plan expected to attract $10bn in new investments and …
The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …