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Corruption In The Media: Who Will Investigate The Investigators?, by Aondover Eric Msughter

Corruption In The Media: Who Will Investigate The Investigators?, by Aondover Eric Msughter   As enshrined in the 1999 Constitution, specifically section 39 subsection 2, the media have been empowered with freedom of expression. Section 22 of the same Constitution also guarantees the media with the...

IMF To Launch $50bn Lifeline For Nigeria, Others

IMF To Launch $50bn Lifeline For Nigeria, Others   The International Monetary Fund has said it is set to launch a $50bn trust fund for low-income and vulnerable middle-income countries to help them build resilience to balance of payments shocks and set them on the path...

Nigeria Loses N585bn Annual Leather Revenue To Other Countries

Nigeria Loses N585bn Annual Leather Revenue To Other Countries   Nigeria loses at least N585 billion of yearly leather product revenue to other countries, an estimated 90 per cent of the N650bn revenue stream, the Minister of State for Science, Technology and Innovation, Barrister Mohammed Abdullahi,...

Nigeria’s Daily Oil Production Falls Below 1.2m Barrels

Nigeria’s Daily Oil Production Falls Below 1.2m Barrels   Crude oil production in Nigeria fell below 1.2 million barrels per day in December 2021 from 1.28 million bpd in the previous month, according to the Organization of the Petroleum Exporting Countries. The country produced 1.197 million bpd...

Nigeria’s Import Bill Rose To $8.92bn In Nine Months

Nigeria’s Import Bill Rose To $8.92bn In Nine Months   Nigeria’s total import bill for the period January to September 2021 rose to $8.92bn from $4.29bn in the same period of 2020, according to a report. This was disclosed by an economist and Chief Consultant, B. Adedipe...

Nigeria’s Debt Stock Hits N39.6trn In 11 months

Nigeria’s Debt Stock Hits N39.6trn In 11 months   The Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, in her presentation of the 2022 approved budget, disclosed that...