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NNPC Sept Report

recovery

N69.4bn debt case between AMCON and Jimoh Ibrahim heads to appeal court

February 24, 2021 Admin5 0

ABUJA (Sundiata Post) – In a bid to recover the huge debt of nearly N70billion owed it by businessman Jimoh Ibrahim, the Asset Management Corporation […]

Imo takes over Okorocha’s Royal Palm Estate

February 19, 2021 Admin5 0

The Imo State Government on Friday recovered the Royal Palm Estate along Akachi road belonging to immediate past former Governor Rochas Okorocha’s wife, Nkechi Okorocha. […]

Nigeria exits recession as GDP grows by 0.11% in Q4

February 18, 2021 Admin5 0

The National Bureau of Statistics (NBS), says Nigeria’s GDP grew by 0.11 per cent in Quarter Four (Q4) 2020, from the 6.11 per cent contraction […]

Nollywood Actress Dakore Opens Up On Her Battle With Postnatal Depression

January 27, 2021 Ebere 0

Nollywood actress, Dakore Egbuson-Akande has shared her experience after she battled with postnatal depression. She also spoke about her battle for her mental health and […]

Mitch McConnell slams ‘wrong direction’ of Biden’s executive actions

January 23, 2021 Political Editor 0

Abuja (Sundiata Post) – Senate Republican Leader Mitch McConnell blasted President Biden for taking the “wrong direction” on his first day in office — including […]

‘Nigeria, Others Reduced Oil Supply By 1.9bn Barrels’

January 6, 2021 Admin5 0

Nigeria and other member and non-member nations of the Organisation of Petroleum Exporting Countries reduced global crude oil supply by 1.9 billion barrels between May […]

In 3 Months, Forex Inflow Through CBN Hits $6.97bn

January 6, 2021 Admin5 0

Foreign exchange inflow through the Central Bank of Nigeria in the third quarter of 2020 stood at $6.97bn. The CBN disclosed this in the third […]

Rescind hike in electricity tariff – PDP to Buhari

January 5, 2021 Political Editor 0

By Chibuike Nwabuko Abuja (Sundiata Post) – The opposition Peoples Democratic Party has reacted to the announced hike in electricity tariff by the ruling All […]

Foreign Investments To Decline By 50% In 2021, Worst In 20 Years — NIPC

December 23, 2020 Admin5 0

Global Foreign Direct Investments (FDI) has been projected to drop by 40 per cent this year and 50 per cent in 2021, being the worst […]

Again Naira Depreciates Against Dollar After Recovery

December 8, 2020 Ebere 0

The naira recorded a loss against the dollar on Monday, December 7 2020 closing at N482/$1 at the parallel market. This represents a N7 drop […]

Buhari seeks Senate approval for Finance Bill 2020

December 1, 2020 Political Editor 0

By Chibuike Nwabuko Abuja (Sundiata Post) – The Senate on Tuesday received a transmission of the Finance bill 2020 from President Muhammadu Buhari, for consideration […]

Despite COVID-19 Harsh Conditions, Banks’ Profits Rise To N677bn

November 30, 2020 Admin5 0

Despite the economic meltdown caused by the COVID-19 pandemic, the nine months 2020 financial results of 12 commercial banks have shown that they recorded a […]

Fed Govt, CBN Point To Results In Economy Recovery Plan

November 30, 2020 Admin5 0

At the backdrop of the slide into the second recession in five years, fiscal and monetary authorities are indicating that efforts are on all fronts […]

Kwara Receives FG’s N1.9bn Grant for COVID-19 Responsive Budget

November 16, 2020 Admin5 0

Kwara State on Monday received $5m (N1.9bn) from the Federal Government for fulfilling the State Transparency, Accountability and Sustainability (SFTAS)‘s new disbursement-linked indicator related to […]

COVID-19: UN Offers Nigeria $250m Support

November 11, 2020 Admin5 0

Nigeria is to get about $250 million, following the launch of the United Nations (UN) Plus Offer for Socio-Economic Recovery. The UN Plus Offer, which […]

Shell shuts down leaking pipeline in Rivers

November 5, 2020 Admin5 0

The Shell Petroleum Development Company (SPDC) has shut down its leaking pipeline located between Agbada FS and Nkpoku Manifold in Rivers State. Shell’s Media Relations […]

Nigeria Loses N343bn As Oil Firms Burn 265bcf Of Gas In 9 Months

November 4, 2020 Admin5 0

Despite Nigeria’s struggle with declining revenue, poor power supply and environmental degradation, oil and gas firms operating in the country flared 265.18 billion standard cubic […]

Budget Defence: Senate Committee on Marine Transport meets NIWA, Maritime Academy over 2021 appropriations

November 3, 2020 Political Editor 0

By Chibuike Nwabuko Abuja (Sundiata Post) –  The Senate Committee on Marine Transport on Tuesday met National Inland Waterways Authority (NIWA) and Maritime Academy of […]

NCDC confirms 150 new cases of COVID-19 in Nigeria

October 30, 2020 Political Editor 0

By Chibuike Nwabuko Abuja (Sundiata Post) – The latest update from the Nigeria Centre for Disease Control has revealed that 150 new cases of #COVID19 […]

IMF attributes Nigeria’s social protest to economic difficulties

October 23, 2020 Admin5 0

The International Monetary Fund (IMF) has attributed the recent Nigeria’s social protest, (EndSARS) to economic difficulties, saying that conditions in Nigeria for the last four […]

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