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IMF Says Insecurity Will Slow Nigeria’s Economic Growth

IMF Says Insecurity Will Slow Nigeria’s Economic Growth   The International Monetary Fund (IMF) has projected that Nigeria’s economic growth will decline in 2023 and 2024 due to security issues in the oil sector. It stated that the country’s economy would grow at 3.2 per cent in...

Insecurity May Worsen Unemployment, Poverty – Report

Insecurity May Worsen Unemployment, Poverty - Report Insecurity challenges in the country which continued after 2022 may worsen poverty and high unemployment rate in 2023, according to a report by Augusto & Co, a research, credit ratings, and risk management firm. The firm said in its...

Insecurity: NAF Set to Receive New Fighter Aircraft

Insecurity: NAF Set to Receive New Fighter Aircraft The Nigerian Air Force has disclosed that it is expecting the delivery of new fighter aircraft in the first quarter of 2023. The Chief of Air Staff, Air Marshal Oladayo Amao, made this known at the combined graduation...

Forex Crisis, Insecurity Slash Capital Inflows By 23%

Forex Crisis, Insecurity Slash Capital Inflows By 23%   Insecurity and lingering foreign exchange crisis have forced the capital importation into Nigeria to decline further by 23 per cent. Capital Importation measures the aggregate of foreign investments into an economic entity within a given period. It is...

NESG Advises FG To Fix Insecurity To Attract Investors

NESG Advises FG To Fix Insecurity To Attract Investors The Nigerian Economic Summit Group (NESG) has urged the Federal Government to take action to tackle insecurity across the country. By doing so, it will be able to retain existing investors while attracting new ones. A key...

Governor Bello visits President Buhari

Kogi state Governor, Yahaya Bello, on Tuesday, paid a visit to President Muhammad Buhari at the Aso villa in Abuja. According to the chief press secretary to the governor, Onogwu Mohammed, Bello and President Buhari had detailed discussions on politics and security. "The Governor, in his...