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Debt Management Office (DMO) says Nigeria’s total public debt has reached N121.67 trillion within three months. The Cable reports that this figure represents an increase of...
Federal Government has secured a $500 million loan from the World Bank to address the problems faced by the 76 Distribution Companies (DisCos), the Bureau of...
President Bola Tinubu has sacked the Director-General of the Bureau of Public Enterprises (BPE) Alexander Ayoola Oko. In a statement released, the Special Adviser on Media...
House of Representatives Committee on Finance has raised issues against the Nigeria Postal Service (NIPOST) over alleged irregularities in the registration of subsidiary companies. Hon. James...
The Appeal Court in Abuja on Friday in a unanimous ruling gave the Bureau of Public Enterprises (BPE), and Alex Okoh, its director-general, 30 days to...
A new board and interim management of Abuja Electricity Distribution Company (AEDC) recently assumed office. The board is made up of Victor Osadolor as chairman. Osadolor...
Vice President Yemi Osinbajo has said that Transcorp Consortium has acquired Afam Power Plc and Afam Three Fast Power Limited and has committed to investing $350...
Federal Government has created three commercial ventures from the Nigerian Postal Service (NIPOST) even as it said National Postal Commission (NPC) will be established soon to...
Federal government is unbundling the Nigerian Postal Service (NIPOST) into three subsidiary companies which will operate on the principle of commercial viability, according to the Bureau...
Federal government is considering repossession of 10 electricity distribution firms as one of the options to rescue the nation’s beleaguered electricity industry. According to the...