Category : Search result: public assets


FG Unveils Public Assets Maintenance Framework

The Federal Government has launched a new framework to preserve public assets. The initiative, driven by the Ministry of Housing, aims to prevent deterioration and save costs. Read more.

Nigerian Groups Hail UK for $9.5m Asset Recovery

CISLAC and Transparency International Nigeria commend the UK for recovering $9.5m in stolen Nigerian assets. They urge transparency in managing recovered funds to benefit citizens.

Six Cable Vandal Suspects Arrested in Benue

NSCDC Benue Command arrests six for vandalizing critical power cables. Commandant warns criminals, commends community collaboration. Suspects to face prosecution.

NSCDC arrests 3 suspected vandals in Abuja

Nigeria Security and Civil Defence Corps apprehends three men for vandalising road crash barriers near National Stadium. Commandant vows to protect critical assets. Read more.

NNPC Sells Stakes in Oil Assets, Bids Open

NNPC Limited invites bids for stakes in key oil and gas assets. Registration deadline is January 10, 2026. PENGASSAN confirms the strategic divestment plan.

Countries Where Christmas Is Not a Public Holiday

While Nigeria marks Christmas with a public holiday, in 36 nations, including Israel, Saudi Arabia, and China, December 25 is a regular workday. Discover the reasons behind this global diversity.

Chappal Energies gets $430m financing for oil assets

Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit

BPP Saves ₦1 Trillion, Sets New Procurement Record

The Bureau of Public Procurement has saved Nigeria over one trillion naira in one budget cycle through price reforms. This historic achievement is being celebrated as a major win for transparency and fiscal discipline. Read more about this landmark feat.

EU Summit Deadlock Over Russian Assets for Ukraine

EU leaders meet in a crucial summit to unlock €210bn in frozen Russian assets for Ukraine, but face strong opposition from Belgium. Will they find a deal before Ukraine's cash crunch hits?

Abode Assets Rewards Team with Qatar, Rwanda Training

Abode Assets Limited has concluded an international bootcamp for 16 top associates and customers in Qatar and Rwanda. The program aimed to boost professional skills and global exposure for wealth creation.

EU's Ukraine Funding Plan Exposes Hypocrisy on Colonial Debt

The EU's plan to use €210bn in frozen Russian assets for Ukraine faces legal risks, while ignoring calls for colonial reparations in Africa. This double standard threatens Europe's financial credibility. Read the full analysis.

TotalEnergies Sells 40% Nigerian Offshore Stake to Chevron

TotalEnergies divests 40% stake in two Nigerian offshore licences to Chevron, forming a new joint venture to accelerate exploration in the West Delta basin. This marks a strategic realignment amid Nigeria's push for new oil investments.

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