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Nigeria has reportedly spent almost 2 trillion naira on debt servicing payments from January to September 2020. The latest data obtained from the Debt Management Office indicated the nation’s total public debt stock rose by to 32.22 trillion naira between July and September last year following revenue shortfalls. The DMO said the debt stock is […]

The Rivers State Government has announced the shutting down of Creek Road, Bille, Bonny and Nembe Jetties from Tuesday 5th to Saturday 9th January 2021. Special Assistant on Media to the Governor, Kelvin Ebiri made this known today, disclosing that the temporary closure is to enable Government carry out extensive sanitation work in the area. […]

National Bureau of Statistics (NBS) says the nation’s economy has formally entered into recession as the Gross Domestic Product (GDP) contracted for the second consecutive quarter by 3.62 per cent in the third quarter of 2020. The National Bureau of Statistics, NBS, in its GDP report for third quarter of 2020 said the nation recorded […]