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Author: Justin Nwosu

Nigeria Owes IMF, World Bank, Others $31.98bn

Debt Management Office (DMO)
Nigeria’s bilateral and multilateral debts stood at $31.98 billion as of September 2020, according to the latest figures released by the Debt Management Office (DMO). The outstanding debts are notRead More

OPEC Mandates Nigeria To Cut Production By 939,000bpd In Three Months

Organisation of the Petroleum Exporting Countries (OPEC)
Resolves to return additional 500,000bpd for February, March Gives defaulting countries January 15 compensation deadline The Organisation of Petroleum Exporting Countries (OPEC) yesterday upheld its December 3, 2020 decision toRead More

OPEC Fails To Agree On February Oil Production Output

Organisation of Petroleum Exporting Countries (OPEC)
Meeting continues today as S’Arabia warns against laxity Members of the Organisation of Petroleum Exporting Countries (OPEC) and their allies, including Russia, yesterday failed to reach an agreement on productionRead More

No South-East Gov Defecting Again, Says PDP

National Vice Chairman of the PDP in the South-East zone, Chief Ali Odefa
Orders members in Anambra to withdraw suits against party Warns of looming anarchy in Ebonyi The Peoples Democratic Party (PDP) yesterday dismissed speculations that it is about to lose anotherRead More

MAN President Calls For Policy, Regulations Against Dumping

resident of the Manufacturers Association of Nigeria (MAN), Mr. Mansur Ahmed
The President of the Manufacturers Association of Nigeria (MAN), Mr. Mansur Ahmed, has called on African governments to muster the political will to implement policies and regulations that will curtailRead More

BUA Cement Succeeds With N115bn Bond Issuance

BUA Group
Issue oversubscribed by 37% BUA Cement Plc, one of Africa’s largest cement companies, has successfully concluded its N115 billion Series 1 Fixed Rate Senior Unsecured Bond Issue under the company’sRead More

Disclosed: Nigeria Misses 2020 Target To End Gas Flaring

National Oil Spill Detection and Response Agency (NOSDRA)
Nigeria has once more missed the target it voluntary set to end gas flaring in 2020, Flavision’s investigation has disclosed. The development also coincides with data obtained from the country’sRead More

COVID-19: Immigration Boss Orders Travel Ban Enforcement On 100 Passengers

Comptroller-General of the Nigeria Immigration Service (NIS), Muhammad Babandede
The Comptroller-General of the Nigeria Immigration Service (NIS), Muhammad Babandede, has directed NIS formations to enforce the travel ban imposed on 100 travellers who flouted the mandatory seven-day post-arrival COVID-19Read More

Ravaged Influence Of Rash Criticism On Delta Community: How Sunday Odiaka Saga Began

Sunday Odiaka's mother
An Account of Police, Mrakpor And The Umudasi Family As part of efforts to redeem her public image, the Director General Delta State Capital Territory Development Agency, Rt. Hon. JoanRead More

PDP House Caucus Blames Insecurity On Inept APC Govt

APC vs PDP
The Peoples Democratic Party (PDP) caucus in the House of Representatives has said that while the out gone year 2020 came with lots of challenges, especially with the dreaded CoronavirusRead More