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’’ 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 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 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...

In Five Years, Nigeria’s Bilateral Loans Rise By 145%       Nigeria’s loans from China, France, Japan, India and Germany rose from $1.66bn as of December 31, 2015 to $4.06bn as of December 31, 2020, signifying an increase of $2.4bn or 144.58 per cent in five years. This...

'Poor Investments, Others Hamper Nigeria’s Transport System'         The Kano State Commissioner for Housing and Transport, Mahmoud Sansti, and the Managing Director of Infrastructure Bank, Ross Oluyede, have said the Nigerian transport system is bedevilled by lack of infrastructure and poor investments, among other challenges. They said...