Nigeria’s debt stock rises to N25.7 trillion

The nation’s debt profile rose from N24.95 trillion to N25.7 trillion in the last three months. One year ago, it was N22.38 trillion. The development showed that between April and…

HOW NNPC, FINANCE MINISTER WITHDREW $3.12 BILLION FROM NLNG ACCOUNT – CBN

Twenty-two withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account domiciled in the Central Bank of Nigeria (CBN) in the last three years. This…

Senate to CBN, NNPC: Supply all the withdrawals on the NLNG accounts and all the supporting documents from 1999 till date.

The Senate Committee on Gas directed the Nigerian National Petroleum Corporation and the Central Bank of Nigeria to submit all the supporting documents backing the 45 withdrawals made from the…