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Nigeria: Spending Earnings for Debt Servicing

Nigeria: Spending Earnings for Debt Servicing By Ibrahim Shehu Dandakata     The last time there was such in abundance was during the regime of Abacha when ‘Tokunbo’ cars and spare parts became the norm as a response to that smoke. After a long time, cars with ‘smoking...

Nigeria’s Debt Rises By N2.3trn, Hits N31trn – DMO

Nigeria’s Debt Rises By N2.3trn, Hits N31trn – DMO     The Debt Management Office on Wednesday released Nigeria’s total public debt stock as of June 30, 2020, and put the country’s entire debt at N31trn, indicating an increase of N2.38trn within a space of three months. Nigeria’s...

United Airlines To Return To Nigeria After Four Years

United Airlines To Return To Nigeria After Four Years     Four years after halting its operations in Nigeria, US carrier, United Airlines, has announced its plan to return to the country. The carrier, which was operating between Houston and Lagos, stopped its operation in Nigeria over what...

Polio Eradication: Lest We Forget

Polio Eradication: Lest We Forget By Abdulhamid Babatunde     In the midst of the widespread national hysteria over the COVID 19 pandemic, news that Nigeria has finally achieved a polio-free status is indeed a silver lining that raises optimism about the ultimate victory of humanity in the...

NITDA: The Race against Cybercrimes in Nigeria

NITDA: The Race against Cybercrimes in Nigeria By Inyene Ibanga   Crimes and criminality have shifted from the physical environment to the cyberspace where criminals operate without any physical restrictions. Their footprints traverse the entire cyberspace. Individuals, businesses, corporate organizations as well as government public institutions have...

Nigeria Records N1.8trn Trade Balance Deficit In Q2 – NBS

Nigeria Records N1.8trn Trade Balance Deficit In Q2 – NBS     Nigeria recorded a trade balance deficit of N1.8 trillion at the end of the second quarter, making the third consecutive quarter of negative trade balance. The National Bureau of Statistics disclosed this in its ‘Foreign trade in goods...