'Nigeria, Africa Require $40bn For Stable Electricity'   Nigeria and African countries will require an average of $40bn power grid investments annually for about five years to deliver stable electricity to citizens on the continent, the Group Managing Director, Sahara Power Group, Kola Adesina, has said. He...

Report Reveals Nigeria Spent N75bn On Hazardous Imports   A non-governmental organisation, Sustainable Research and Action for Environmental Development (SRADev) has said that between 2020 to 2021, Nigeria spent N75bn on the importation of highly hazardous pesticides. The Executive Director, SRADev, Dr Leslie Adogame, said this while...

New Dawn For Nigeria’s Agriculture With Special Agro-industrial Processing Zones, By Fredrick Nwabufo   Nigeria is a country that has been dependent of oil for much of its 62 years as an independent nation. However, it is by and large an agricultural nation. In fact, there...

IMF Lowers Nigeria’s Economic Growth Projection To 3.2%   The International Monetary Fund (IMF) has lowered Nigeria’s 2022 economic growth projection to 3.2 per cent. This is 0.2 percentage points lower than the 3.4 percent projected in its July 2022 report. The Washington-based institution disclosed this on Tuesday...

World Bank Projects 102% Revenue, Debt Service For Nigeria     The World Bank has said that public debt in Nigeria is concerning due to the rising debt service-to-revenue ratio. According to the bank, the debt service to revenue ratio could stand at 102.3 per cent by the...

Independence Anniversary and Nigerians’ Unhelpful Obsession with Foreign Stuff, by Rasheedat Shuaib   There is no better time to reflect on some of the self-sabotaging habits of Nigerians than a period the country is marking her independence anniversary. There is no better period to do so...