State Governments across Federation owe the federal government a total of N16.6 billion, Finance Minister Wale Edun has said. He revealed this to State House…
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Author: newsfronton
NCDMB To Sustain Local Content Implementation In Oil & Gas Sector
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to preventive mechanisms against corrupt practices in its internal operations and interface with…
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Oando Targets 100,000bpd Oil Production
Indigenous oil company Oando Plc, has said that with the support of the Nigerian National Petroleum Company Limited (NNPC) it expects a robust oil production…
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SEC Urges Banks To Strengthen Corporate Governance
The Securities and Exchange Commission (SEC) has urged banks to strengthen their corporate governance principles and risk management framework to enhance investors’ confidence in the…
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AGF Grants $50m Facility To Bank Of Industry On Nigerian MSMEs Funding
The African Guarantee Fund (AGF) and Nigeria’s Bank of Industry (BOI) have signed a $50million Loan Portfolio Guarantee framework in a bid to provide financial and business support services…
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DARKNESS LOOMS IN NIGERIA: As NMDPRA Halts Gas Supply To GenCos Over N2trn Debt
An electricity blackout is imminent following the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s directive to gas producers to cease supplying gas to indebted generation…
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Naira Appreciates As CBN Begins Electronic Forex Market Implementation
The value of the naira appreciated by nearly N100 and over five per cent in the course of the just ended week as speculators are…
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22 Years After, NCAA Commissions PH Regional Office
Twenty two years after the commencement of the Port Harcourt Regional Office, the Nigeria Civil Aviation Authority (NCAA), staff have expressed happiness as the abandoned…
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Magistrates Declare Indefinite Strike In Cross River
The Cross River State chapter of the Magistrates Association of Nigeria (MAN) has directed its members to commence indefinite strike effective from Monday, December 9,…
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FG Denies Detection Of COVID Variant XEC In Nigeria
The Federal Ministry of Health and Social Welfare has confirmed that there was no evidence of the newly detected COVID-19 variant XEC in Nigeria. The…
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