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Illegal Organ Harvesting: Ending the Source of ‘Blood Money’ in Nigeria By Aishat Mohammed

Illegal Organ Harvesting: Ending the Source of 'Blood Money' in Nigeria   By Aishat Mohammed Illegal organ harvesting is a crime that is well known all over the world. It is one of the biggest ways of earning "blood money" and has caused the deaths of many...

Nigeria’s Inflation Rate Rises to 26.72%

Nigeria's Inflation Rate Rises to 26.72%   Nigeria’s inflation rate has climbed to 26.72 per cent, marking a 0.92 per cent increase from the previous month’s 25.80 per cent. The National Bureau of Statistics (NBS) disclosed this on Monday via its latest Consumer Price Index report for...

IMF Says Inflation Will Slow Nigeria’s Economic Growth to 2.9%

IMF Says Inflation Will Slow Nigeria’s Economic Growth to 2.9%   Inflation will slow Nigeria’s economic growth to 2.9 per cent in 2023, the International Monetary Fund (IMF) has predicted. It also downgraded the country’s economic growth prospect by 0.3 percentage points to 2.9 per cent for...

Niger Coup: Arewa Economic Forum Reiterates Call for Border Reopening

Niger Coup: Arewa Economic Forum Reiterates Call for Border Reopening   The Arewa Economic Forum (AEF) has again pleaded with the Federal Government to look into the reopening of the Nigeria-Niger border which was closed as part of sanctions to the military junta in Niger. The Chairman...

Nigeria Oil Production Slumped To 1.08mbpd July – OPEC

Nigeria Oil Production Slumped To 1.08mbpd July - OPEC   Nigeria maintained 14 functional oil production rigs in July, after recording the same number of rig count/units in the preceding month of June 2023, latest data on World Rig Count and Units released by the Organisation...

Nigeria Spends Over N13trn On Subsidy – NEITI

Nigeria Spends Over N13trn On Subsidy - NEITI   Nigeria expended over N13.69 trillion between 2005 to 2021 to finance subsidy payments, the Executive Secretary, Nigeria Extractive Industry Transparency Initiative (NEITI), Orji Ogbonnaya Orji, has said. “We have outlined what needs to be done in our policy...