‘Nigeria Requires $4bn Yearly For Renewable Energy’         Nigeria’s power sector requires about $4bn annually to access clean and sustainable renewable energy for power users across the country, the Federal Government has said. Minister of State for Power, Goddy Jedy-Agba, said this at a virtual global power...

Nigeria’s Debt Service Charges Rise 89% To N803bn         The cost of servicing Nigeria’s public debt has increased quarter-on-quarter (QoQ) by 88.8 percent to N803.69 billion in third quarter of last year (Q3’20), from N425.7 billion in Q2’20. The amount was used to service the country’s debt...

Nigeria’s Daily Oil Production Dips to 1.17m Barrels         Crude oil production in Nigeria tumbled by 155,000 barrels to a record low in December amid the production cuts by the Organisation of the Petroleum Exporting Countries and its allies. OPEC disclosed this on Thursday in its report...

Nigeria’s Inflation Rises to 15.75%         The consumer price index, (CPI), Thursday recorded 15.75 percent increase (year-on-year) in December 2020. In its monthly report released on Friday, the National Bureau of Statistics, NBS said the increase was 0.86 percent points higher than the rate recorded in...

US Capitol Insurrection, Victims of Karma and a Lesson for Nigerian's on National Pride   By Mohammad Dahiru Lawal   This is surely one of the most vulnerable moments in world history; a time when internet community coordination and mobilization is becoming a highly potent weapon for disruptive...

Nigeria’s Rice Production Gap Now 500,000MT - Fed Govt         The Federal Government on Tuesday put the rice production gap in Nigeria at 500,000 metric tonnes. It, however, stated that the country would soon close the gap and meet the seven million metric tonnes production capacity required...