News

Debt servicing gulps N2.34tn in six months – DMO

Director-General, Debt Management Office, Patience Oniha Nigeria’s debt servicing spending slowed to N849.58bn in the second quarter of 2023, findings have shown. This was a decrease by 43.04 per cent compared to N1.49tn, which was spent in Q1 2023 on servicing debt. According to data obtained from the Debt Management …

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TCN loses $4m to Kebbi fire incident

TCN Engineers working to restore power after the fire incident at its Kebbi substation that lasted from Thursday night till Friday morning The Transmission Company of Nigeria (TCN) has said a fire incident at its Kebbi substation which started on Thursday night till Friday morning consumed two transformers worth four …

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Tinubu appoints Zaccheus Adedeji acting chairman, FIRS

FIRS acting chairman, Zaccheus Adedeji President Bola Tinubu has approved the appointment of Zaccheus Adedeji, as the new Acting Executive Chairman of the Federal Inland Revenue Service. “Hon. Zaccheus Adedeji is hereby appointed in acting capacity for 90 days before his subsequent confirmation as the substantive Executive Chairman of the …

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