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ADVISORY: Preparing For The Worst Economic Situations In Nigeria

ADVISORY: Preparing For The Worst Economic Situations In Nigeria           In view of the present economic situation around the world and Nigeria in particular, adequate cautions must be taken by us all. Be prepared to let go of some things and spend only when absolutely necessary. If...

Remittances To Nigeria, Others May Drop To $41bn This Year – Report

Remittances To Nigeria, Others May Drop To $41bn This Year - Report               Remittances to Nigeria and other African countries are expected to decrease by 5.4 percent from $44 billion in 2020 to a projected total of $41 billion in 2021, due to the effects of...

Twitter Ban: Nigeria Loses N247.61bn In 100 Days

Twitter Ban: Nigeria Loses N247.61bn In 100 Days       The Twitter ban in Nigeria has extended to 100 days, and in that time frame the nation has lost N247.61bn. The Federal Government had on June 4 suspended Twitter after the social media platform deleted a tweet by...

Restructuring Nigeria With a Cutlass – The Wike Way, by Fredrick Nwabufo

Restructuring Nigeria With a Cutlass – The Wike Way, by Fredrick Nwabufo     ‘’Restructuring Nigeria’’ is a quandary. There is no concord on the complexion or dimension which the re-engineering of Nigeria should take. There has been a cacophony of arguments, but one opinion which a...

Nigeria Records N1.87trn Trade Deficit Amid Rising Crude Oil Exports

Nigeria Records N1.87trn Trade Deficit Amid Rising Crude Oil Exports     Nigeria recorded a trade deficit of N1.87tn in the second quarter of the year despite recording 111.32 per cent in crude oil exports. However, statistics released by the National Bureau of Statistics in Abuja on Wednesday...

Nigeria’s Oil Production Drops To 1.24m bpd – Report

Nigeria’s Oil Production Drops To 1.24m bpd – Report       Nigeria’s crude oil production plunged to a record low of 1.24 million barrels per day last month as a result of lingering disruptions, S&P Global Platts reported on Wednesday. The report quoted industry and ministry sources as...