World Bank Reviews $157bn Support To Nigeria, Others   The World Bank Group (WBG) has assessed its $157 billion support given to Nigeria and other developing economies to fight COVID-19 pandemic. Nigeria got $3.4 billion support from the bank in May to strengthen the economy and...

Nigeria’s Oil Output Lower Than OPEC Quota Nigeria saw its crude oil production increase slightly last month to about 1.25 million barrels per day, which is 360,000 bpd lower than the quota given to it by the Organisation of Petroleum Exporting Countries. The country told OPEC...

IMF Increases Nigeria’s 2021 Growth Prospect To 2.6%   The International Monetary Fund has increased Nigeria’s growth prospect to 2.6 per cent and 2.7 per cent for 2021 and 2022, respectively, despite reducing the rate of global growth prospect due to the COVID-19 Delta variant. According to...

NIGERIA: Women, Girls, And The Power Of Technology, by Hawwah A. Gambo “I always say the future is female, but indeed technology is the future.” On this International Day of the Girl Child, I urge all of us to look for ways to empower girls to...

Nigeria’s Debt Service To Revenue High – AfDB President   President of the African Development Bank (AfDB), Akinwumi Adesina has said Nigeria’s debt service to revenue ratio is high. Adesina who made the disclosure yesterday at the opening of a two-day mid-term ministerial performance review retreat in...

Nigeria Grants N992.9bn Import Waivers In Two Years   Within a two-year period covering January 2019 and December 2020, the Federal Government through the Nigerian Customs Services granted the sum of N992.9bn as waivers on imported goods, findings have shown. The N992.9bn comprises N213.1bn recorded in 2019...