Kaduna DisCo raises employee wages despite grappling with a N110 billion debt
The Kaduna Electricity Distribution Company has declared a 10% salary hike for its employees, despite grappling with a N110bn debt and other challenges.
The Nigerian...
Nigerians will have a say in shaping the future of state police and the parliamentary system, according to the National Assembly
The Senate has emphasized that Nigerians, through their representatives, will decide on the adoption of state and local policing and the type of government...
Banks offload $3.3 billion amid the Central Bank’s efforts to counter a renewed decline in the naira
The naira experienced a renewed decline in both the official and parallel foreign exchange markets on Friday.
The national currency depreciated to N1,670/$ from the...
The Nigerian government plans to raise N2.5 trillion through bond issuance, according to the Debt Management Office (DMO)
The Nigerian Federal Government aims to generate N2.5 trillion in its upcoming FGN bonds auction, as outlined in a circular from the Debt Management...
The power minister expresses concern over the electricity subsidy surging to N3 trillion
The Federal Government announced on Wednesday that Nigeria's power sector owes approximately N3.3tn to electricity generating companies and gas producers.
Additionally, it disclosed that the...
