Equiano Cable and Speeding up Nigeria's Internet Connectivity, by Fom Gyem
The Equiano cable, named after Nigerian-born writer and abolitionist Olaudah Equiano, is a cutting-edge infrastructure based on space-division multiplexing (SDM) technology, with 12 fiber pairs and a design capacity of 144Tbps, roughly 20 times...
Nigeria Spends 86% Of Revenue On Debt Servicing
Nigeria spent 86 per cent of its revenue on servicing debt in 2021, but South Africa spent only 20 per cent of its receipts on the same purpose.
According to the International Monetary Fund’s 2021 Article IV estimates,...
Insecurity: Will Elections Hold in Nigeria in 2023?, by Yushau A. Shuaib
“The security situation in the country may affect voter mobilisation, deployment of personnel and materials to different parts of the country.” – INEC
Mr Festus Okoye, a National Commissioner of the Independent National Electoral...
Partial Grid Collapse and Nigeria's Worsening Power Crisis, by Umar Farouk Ahmad
On April 8, 2022, the national electricity grid suffered a system collapse. And it happened not once, but twice in a spate of three hours.
Authorities of the Power Ministry attributed the incident to...
'Nigeria’s Oil Production Crashed By 744,000 Barrels In March'
Nigeria’s crude oil production crashed by 744,000 barrels in March 2021 when compared to what the country produced in the preceding month of April, figures released on Tuesday by the Organisation of Petroleum Exporting Countries (OPEC)...
Nigeria’s Debts May Hit N45trn In Q4 2022, LCCI Predicts
The Lagos Chamber of Commerce and Industry (LCCI) has predicted that Nigeria’s total debts was expected to hit N45.86 trillion by December 2022.
According to the President, LCCI, Mr. Michael Olawale-Cole, who spoke at a press...
