Some governors from the opposition party, after a recent meeting in Uyo, have raised alarm over what they call Nigeria’s rising debt profile. The grumbling governors were raising an alarm that Nigeria’s […]
Fraud in the banking sector isn’t a new phenomenon neither is it peculiar to any nation. It affects all nations in all the continents of the world. Nigeria’s banking sector has faced […]
The high cost of governance in Nigeria has become a very disturbing phenomenon and has been widely acknowledged by many as one of the country’s most niggling problems. Regrettably, for one inconsequential […]
A recent report from the Nigeria Inter-Bank Settlement System (NIBSS) reveal that Nigerians transacted over N20 trillion instant payment transactions in May 2021. Transactions in May 2021 were 0.15% higher than in […]
The emergence of the COVID-19 pandemic has been disastrous for all economies around the world including Nigeria. The downturn in the Nigerian economy precedes the epidemic, however, as GDP per head has […]
President Muhammadu Buhari on Thursday, June 10 2021 launched the Lagos-Ibadan railway project’s commercial operations at the Mobolaji Johnson Railway Station in Ebute Metta, Lagos, The President hailed the achievement as “another […]
A few days ago, news broke out that the Nigerian National Petroleum Corporation (NNPC) has moved to acquire 20 per cent stake in the 650,000 barrels per day from Dangote Refinery in […]
The first half of President Buhari’s second term ended last week 29 May 2021. Government officials and economic analysts have been using various platforms to evaluate the country’s economic performance while proffering […]
Recently, Nigeria’s number one multinational oil giant, Shell revealed its intention to withdraw from Nigeria’s onshore oil sector. Analysts believe this can compound the economic challenges of Nigeria’s mono-product economy. Making this […]
The legalisation of industrial hemp and medical cannabis for economic and medical benefits is gradually coming close to reality in Nigeria. Recently, the Chairman, House of Representatives Committee on Media and Public […]
In February 2021, the Central Bank of Nigeria reported a huge drop in the country’s diaspora remittances. The figure was $13.65bn lower when compared to the 2019 remittances of $5.72billion which, in […]
It was quite cheering when information from the National Bureau of Statistics last week revealed that Nigeria’s inflation rate reduced by 0.05 per cent in April compared to what obtained in March. […]
The Nigeria Labour Congress (NLC) on 16 May 2021 plunged Kaduna State into total darkness as workers protest the current hardliner posture of the state government on labour issues. Schools, banks, and […]
When President Muhammadu Buhari appointed Hadiza Bala Usman as the first ever female Managing Director of the Nigerian Ports Authority (NPA) in July 2016, many Nigerians received the news with mixed feelings. […]
The Lagos State Government is consolidating on its resolve to get motorcycles, popularly known as Okada off the road in major parts of the state. This is following the disclosure by the […]
Far from speculations and oracular deductions, access to uninterrupted potable water supply across the country has remained a challenge. This is evident in the quotation of the Honourable Minister of Water […]
While successive governments have made efforts in diversifying Nigeria’s economy across major sectors, one segment that awaits the nation’s exploits is natural gas. In all human existence, energy is of importance. Energy […]
Nigerian consumers have remained victims of manipulation in the hands of manufacturers. Although, there are regulatory agencies saddled with the responsibility of checkmating this menace, the violation of customer rights seems to […]
Lagos State Governor, Mr Babajide Sanwo-Olu announced that the state is unveiling its five-year agricultural master plan to boost food production in the state. He disclosed this at a recent event with […]
Consternation is already buzzing over the Federal Government’s hint of a slash in the salaries of civil servants. Zainab Ahmed, the Minister of Finance, had made the disclosure that the National Salaries, […]
