A Country of Diametric Extremes   The country is so broke that it cannot pay the salaries of November in December. However, majority of our leaders have activated squander mania mode. The country that cannot pay its workers decent wages but is paying 200+ million naira to...

Nigeria’s Rig Count Drops by 13% Nigeria’s rig count, a major index of measuring activities in the upstream sector, dropped month-on-month, MoM by 13.3 percent to 13 in October 2023, from 15 recorded in the preceding month of September 2023. This showed that there was limited...

China-Nigeria Trade Volume Hits $17bn   The bilateral trade volume between China and Nigeria in the first three quarters of 2023 stood at $17.25bn, the Consul General of China in Lagos, Yan Yuqing has said. Yuqing disclosed this at the China Commodities Expo-Nigeria Lagos, recently. The Consul noted...

In Six Months, Nigeria’s Foreign Trade Hits N12.74trn   Nigeria’s import and export trade as of June 2023 stood at N12.74 trillion. This was contained in the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) prepared by the Budget Office of the Federation and...

Reconnecting to The Global Radar, by Eric Teniola For a nation to achieve concrete foreign policy objectives, two key actors are required, an active President and an active foreign Minister. Of course a buoyant economy will also be required. We had all these in the...

'Nigeria Loses $100bn Annually to Climate Change'   Climate change costs Nigeria about $100bn annually, an Agora report has stated. “The report titled “Climate Change and Socio-Economic Development in Nigeria, “ noted that climate change was increasing hunger, poverty, disease burden, migration, conflict, and insecurity in Nigeria,...