News
Aviation Sector crisis: CBN releases $265m to airlines to settle outstanding ticket sales
By Bassey Udo To check a brewing crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) on...
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N1.7trn debt constraining investments to boost power generation, says GENCOs
MEDIATRACNET The lingering legacy debt totaling about N1.7 trillion since 2013 is affecting fresh investments by electricity generating companies in...
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Renewal of NNPC’s PSCs with IOCs will help restore Nigeria’s crude oil output, says Kyari
By Bassey Udo The recent decision by the Nigerian National Petroleum Company Limited (NNPC Limited) to renew its Production Sharing...
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$418.9m Paris Club refund: Governors fault Ned Nwoko’s claims, accuse him of peddling lies
By Bassey Udo The Nigerian Governors Forum (NGF) on Sunday faulted claims by Ned Nwoko on roles allegedly played by...
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2023 elections: No plan to jettison electronic transmission of results, INEC clarifies
By Bassey Udo The Independent National Electoral Commission (INEC) on Sunday clarified media reports that it has jettisoned the use...
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Nigeria LNG receives tax credit certificate for Bonny-Bodo Road construction
MEDIATRACNET Tax Credit Certificate for the construction of the multi-billion Naira Bonny-Bodo road and bridge in Rivers State was presented...
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Unbundling of TCN under way, says BPE
By Bassey Udo The Transmission Company of Nigeria (TCN) is to be unbundled into several companies for better efficiency, the...
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N2.6bn debt: NBC gives AIT, Silverbird TV, 50 others 24 hours notice to pay, or have licenses revoked
MEDIATRACNET The African Independent Television (AIT) and its affiliate radio station, Raypower FM, and 50 other broadcast stations across the...
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CBN targets 8m active users, as eNaira becomes operational next week
By Bassey Udo Amid alleged apathy by commercial banks towards the eNaira, the Central Bank of Nigeria (CBN) says Nigerians...
Read moreParis Club refund: Insisting consultants are entitled to $418m claim fraudulent, governors tell Malami
MEDIATRACNET The Nigerian Governors’ Forum (NGF) on Wednesday told the Attorney General of the Federation and Minister of Justice, Abubakar...
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