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Democracy Day: “I will Handover a Secured Nation after my Tenure”- Buhari

Democracy Day: "I will Handover a Secured Nation after my Tenure"- Buhari President Muhammadu Buhati has promised to handover a secured country after his tenure lapses. The President made the pledge in his democracy day broadcast to the nation on Saturday. He said his administration has made...

W/Bank Upgrades Nigeria’s Economic Growth Forecast To 1.8%

W/Bank Upgrades Nigeria’s Economic Growth Forecast To 1.8%       The World Bank yesterday upgraded its economic growth forecast for Nigeria in 2021 to 1.8 per cent, citing higher oil prices, structural oil sector reforms, and market-based flexible exchange rate management. This represents a 0.7 percentage point increase...

Nigeria Among Top Three Countries With Electricity Deficits – W/Bank

Nigeria Among Top Three Countries With Electricity Deficits – W/Bank         The World Bank has listed Nigeria among the three countries with the largest electricity deficits in the world. It said during the last decade, a greater share of the global population gained access to electricity than...

Nigeria’s Foreign Trade Rises To N9.76trn In Q1, Records N3.94trn Deficit

Nigeria’s Foreign Trade Rises To N9.76trn In Q1, Records N3.94trn Deficit       Nigeria’s total merchandise trade increased to N9.76 trillion in the first quarter of the year, representing 6.99 per cent rise over the N9.12 trillion in the preceding quarter, the National Bureau of Statistics (NBS)...

Innovating Nigeria: The Rise of True Compatriots, by Kashifu Inuwa Abdullahi

 Innovating Nigeria: The Rise of True Compatriots, by Kashifu Inuwa Abdullahi     Beneath the obvious national contradictions and challenges we face, there is a deep revolution brewing that is “innovation at the speed of thought”. One of the biggest perks of the Office of the Director...

External Reserves Declined By $640m In May – CBN

External Reserves Declined By $640m In May – CBN       The country’s external reserves lost $640m in May, falling to $34.24bn on May 28 from $34.88bn as of April 28. Figures obtained from the Central Bank of Nigeria on Tuesday revealed that the reserves had been fluctuating...