Nigeria Owes World Bank, Eurobond, Others N12trn         At least, 67 per cent of the $31.985 billion (N12.193 trillion) outstanding external debt of Nigeria is for loans taken as Eurobond, a commercial loan, and from the International Development Association (IDA) as of September 2020. According to records...

Nigeria’ll Record Growth Amid Fiscal Imbalances - Report         Nigeria will return to growth path in 2021 but external and fiscal imbalances will pose downside risks to the economy. Sigma Pensions Limited stated this in its report released on Monday titled ‘Nigeria 2021 outlook: A return to...

In Nine Months, Nigeria Spent N1.99trn On Debt Servicing         Nigeria spent almost N2tn on debt servicing payments from January to September 2020, the latest data obtained from the Debt Management Office have shown. The DMO had on Thursday disclosed that the nation’s total public debt stock...

MyClinic App, an Innovative Solution to Covid-19 Resurgence - Healthcare Experts .... Indigenous App Records 300% growth in subscriptions  To combat the resurgence of COVID-19 in Nigeria, healthcare specialists have recommended an indigenous tech solution, Myclinic.ng, that enables families and individuals to access high-quality healthcare from...

Diaspora Remittances Into Nigeria Drop By 27% To $12.9bn         Diaspora remittances into Nigeria fell by 27 percent, year-on-year (y/y) to $12.9 billion as at September 2020 from $17.6 billion in the corresponding period of 2019. The 27 percent decline is 3.9 percentage points higher than the...

IMF Rates Nigeria’s GDP As Best In Africa         Using the Gross Domestic Product (GDP) as yardstick, the International Monetary Fund (IMF) has rated Nigeria as the best economy in Africa. In its 2020 World Economic Outlook, the IMF also ranked Nigeria as one of the world’s...