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. …
Transparency
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Debt Management,EconomyEnergyFinanceGOVERNMENTInfrastructureOil & GasPolicies
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GovernanceInfrastructureNational AssemblyPoliticsPublic Accountability
Reps to Probe Over ₦20tn Abandoned Federal Properties Across Nigeria
by Radarr Adminby Radarr AdminThe House of Representatives has resolved to investigate thousands of abandoned Federal Government properties and buildings scattered across the country, which are reportedly worth more than ₦20 trillion. The lawmakers …
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BusinessCorporate GovernanceEconomyGOVERNMENTPoliciesTechnology
CAC Defends Registrar-General, Reaffirms Commitment to Transparency Amid Reform Criticism
The Corporate Affairs Commission (CAC) has reaffirmed its commitment to transparency, reform, and efficient service delivery under President Bola Tinubu’s Renewed Hope Agenda, following what it described as a series …
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AccountabilityDevelopmentEconomyGovernancePublic Policy
Senate Demands Greater Transparency, Accountability in Nigeria’s Public Procurement
The Senate has renewed calls for greater transparency and strict compliance with due process in Nigeria’s public procurement system, insisting that every naira spent by the government must be accounted …
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EconomyEducationEmploymentEnvironmentGovernanceInfrastructure
Rivers Government Revokes N134bn Secretariat Contract with CCECC
The Rivers State Government has cancelled the N134 billion contract earlier awarded to China Civil Engineering Construction Corporation (CCECC) for the renovation and furnishing of the state secretariat complex in …
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HealthNewsRumors & SpeculationSocial MediaUnited States
Rumors Surround Trump’s Health as Speculation Grows Online
There has been growing concern and confusion worldwide after the hashtag #TrumpIsDead trended on social media platforms on Friday evening. The speculation surrounding the health and whereabouts of former U.S. …
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Energy SectorGovernanceNigeriaOil & GasTransparency
NEITI, NNPC Ltd Form Committee to Boost Nigeria’s Extractive Sector Governance
The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Nigerian National Petroleum Company Ltd (NNPC Ltd) have agreed to establish a technical committee aimed at enhancing governance in Nigeria’s extractive …
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The Taraba State government has denied reports that Governor Agbu Kefas spent ₦5.22 billion on foreign trips within six months, describing the claim as false and misleading. The report, which …
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EconomyFinance & ServicesGOVERNMENTPoliciesTechnology
FG Launches REV-OP to Tackle Revenue Leakages and Boost Transparency
The Federal Government of Nigeria has officially launched the Revenue Optimisation and Assurance Project, popularly called REV-OP, as a new step to reduce revenue leakages, improve transparency, and strengthen Nigeria’s …
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AfricaAFRICA NEWSBanking, Finance & InvestmentGOVERNMENTPolitics
Gambian Lawmakers Slam Finance Minister Over Poor Budget Reporting
Members of the National Assembly have voiced strong dissatisfaction with the Finance and Economic Affairs Minister Seedy Keita for failing to provide a comprehensive and timely update on the execution …