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Nigerian National Debt + COVID-19: More of an Accountability Crisis Than a Health Issue

Nigerian National Debt + COVID-19: More of an Accountability Crisis Than a Health Issue     The Public Finance integrity in Nigeria is probably at its lowest state. The debt profile has defiled all economic prudence frameworks that exist in the laws. Hardly do we pass any week...

Fulani Herders Have Right To Do Business Anywhere in Nigeria, by Fredrick Nwabufo

Fulani Herders Have Right To Do Business Anywhere in Nigeria, by Fredrick Nwabufo     Matters of volatile quality require statecraft. That which is necessary may not be expedient or practicable under certain circumstances. And it takes statesmanship to discern the feasible moment for applying needed policy...

‘Nigeria Needs $3trn For Infrastructure In 30 Years’

'Nigeria Needs $3trn For Infrastructure In 30 Years'       Agusto & Co., a rating agency and research firm, has said Nigeria has a huge infrastructural deficit and requires up to $3tn over the next 30 years to bridge this gap. It said in a report on Monday...

Nigeria’s Diaspora Remittances To Hit $22bn

Nigeria’s Diaspora Remittances To Hit $22bn         Nigeria’s diaspora remittances have been projected to rise by five per cent to $22bn by the end of 2021. Agusto Consulting Limited, a wholly owned subsidiary of a rating agency, Agusto & Co. Limited, disclosed this in its report titled...

Nigeria Rebalances OPEC Quota Compliance, Cuts Output By 7%

Nigeria Rebalances OPEC Quota Compliance, Cuts Output By 7%       Nigeria has been forced to rebalance its oil output, effecting about 7.0 percent cut back on its oil output to re-align with the quota imposed by the Organisation of Petroleum Exporting Countries, OPEC. The nation’s output in...

Nigeria’s Revenue Threatened As India Slashes Crude Imports By $39.5bn

Nigeria’s Revenue Threatened As India Slashes Crude Imports By $39.5bn         Nigeria’s revenue earning capacity has come under threat following the reduction of importation of crude oil by India. India, Nigeria’s largest crude oil importer, reduced crude oil imports by $39.5bn in April, compared to the same...