Nigeria’s Public Debt Increases By N2.04trn in Q1, 2022
The Debt Management Office (DMO) said on Tuesday that Nigeria’s total public debt stock increased to N41.60tn in the first quarter of 2022 from N39.56tn as of December 2021.
This shows an increase of N2.04tn within a...
Nigeria, Others Face High Risk Of Food Crisis
Nigeria and 44 other countries around the world are severely exposed to the Ukraine war-induced food crisis, a study by Boston Consulting Group, a global management consulting firm, has shown.
BCG, in a report titled, ‘The war in...
Nigeria Ranks 61st Globally, 2nd In Africa On Startup Ecosystem Index
The Nigerian startup ecosystem has been ranked 61st globally and second in Africa on the Global Startup Ecosystem Index by StartupBlink.
Nigeria displaced Kenya to spot 62 and third in Africa. According to the ranking,...
Adulterated Fuels: Nigeria, Others Require $15.7bn to Upgrade Existing Refineries
The African Refiners and Distributors Association (ARDA) has said Nigeria and other African countries would need at least $15.7 billion to upgrade existing refineries in their bid to reduce sulphur content.
Speaking at the second Refining...
Nigeria’s Debt Rose By 226% To N39.56trn Since Buhari's Administration
With analysts in the financial service sector impressing it on the federal government to slow down on its borrowing bing, it has emerged that Nigeria’s debt rose steeply by a whooping 226 per cent In...
Nigeria Loses N2.2trn Revenue To Crude Production Delays In One Year
Nigeria lost a whopping N2.1 trillion as a result of crude oil production deferment in one year.
The 2021 statistics from the Nigeria Extractive Industries Transparency Initiative (NEITI), said the huge loss was recorded in...
