Nigeria is Far from a Hopeless State - NIPR
Contrary to insinuations of Nigeria being a hopeless state, the Nigerian Institute of Public Relations (NIPR) has said that the country has the potentials of emerging as foremost nation of the world.
The Chairman, NIPR Integration, Peace...
Manufactured Imports Rise To N40.94trn
Between January 2017 and March 2021, Nigeria spent N40.94tn on the importation of manufactured goods.
It earned only N4.22tn on the export of manufactured goods within the same period.
These are according to data obtained from the Foreign Trade report of the...
Foreign Investors’ Interest In Nigeria Drops By 27.5% In Q1, 2021
Nigeria received about $8.4bn investment announcements as at 4th March 2021, out of which $5.46bn were pledged by foreign investors. The remaining $2.08bn was promised by domestic investors, statistics obtained from the Nigerian Investments...
Nigeria: It’s Time to Stop the Borrowing Binge, by Kingsley Moghalu
The rate at which Nigeria’s public debt has increased in the last six years is unprecedented, alarming, and unsustainable. From $10.31 billion at the end of June 2015, the total external debt increased to...
Nigeria Faces Six-year Delay In Achieving SDGs - IMF
Nigeria faces a six-year delay in achieving Sustainable Development Goals, according to the International Monetary Fund.
The Managing Director, IMF, Kristalina Georgieva, said this on Tuesday in a statement titled ‘UN high level political forum on sustainable-development’.
She...
Nigeria Lost 4.5trn Oil Barrels To Theft In 4 Years, Says Minister
Dr Mohammad Abubakar, Minister of Environment, on Monday, disclosed that Nigeria recorded 4,919 oil spills between 2015 to March 2021 and lost 4.5 trillion barrels of oil to theft in four years.
Abubakar disclosed...
