The Many Shenanigans in Nigeria By Enobong Udoh       This decade is about to end in a few weeks and surely Nigeria will start the next decade still as the country with most poor people. A check at the world poverty clock shows as the clock ticks...

How We’re Tackling Recession – Fed Govt         The Federal Government on Monday explained some of the measures being adopted to help get the country out of its current economic recession. Minister of Finance, Budget and National Planning, Zainab Ahmed, outlined these measures while speaking at the...

Nigeria’s Oil Rig Count Declines By 30%         Nigeria’s active rig count witnessed a downward movement with a 30 percent dip to seven in October, 2020 from 10 recorded in September. The rig count is a reflection of the level of exploration, development, production and general activities...

Nigeria’s Per Capita Income May Hit 40-year Low – W/Bank       The World Bank said on Monday that Nigeria’s per capita income could fall in 2020 to its lowest level in 40 years. The bank also raised concern about the debt service cost being incurred by the...

Nigeria Needs $3trn To Bridge Infrastructure Gap – Report       Global credit rating agency, Moody’s Investors Service, has stated that the infrastructure in Nigeria is behind other emerging market peers, with about $3tn needed over 30 years to close the gap. This was disclosed in the agency’s...

UK Petrol Car Ban Threatens Nigeria’s Oil Sales       Except the country finds new buyers, the plan to ban petrol and diesel vehicle sales by the United Kingdom government will threaten Nigeria market share of crude oil. UK imports Nigeria’s crude oil, which is a major revenue...