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Nigeria’s Sovereignty Not For Chinese Loans

Nigeria's Sovereignty Not For Chinese Loans By Saliu Bashiru   There is no gain saying that Nigeria as a country lacks infrastructural development, and without this, we can not develop and compete with the rest of the world. According to research by Mckinsey, Nigeria will need to invest...

IMF-induced Policies Will Repress Nigeria’s Currency, Labour Warns

IMF-induced Policies Will Repress Nigeria’s Currency, Labour Warns     Submitting to the International Monetary Fund, IMF-induced policies would further distort and repress Nigeria’s currency, organised labour has warned. They argued that embracing the policies would lead the nation to a situation where a U.S. Dollar would exchange...

In 16 Years, Nigeria Contributed $1.17bn To ECOWAS 

In 16 Years, Nigeria Contributed $1.17bn To ECOWAS      Nigeria has paid more than 1,177 billion dollars to the Economic Community of West African States (ECOWAS) as its Community Levy contribution in the last 16 years. According to documents from a presentation by the ECOWAS Commission to...

Nigeria’s Deepwater Gas Production Hits Lowest

Nigeria’s Deepwater Gas Production Hits Lowest     The volume of natural gas produced from the nation’s deepwater oilfields has hit its lowest level in at least five years, an analysis of data obtained from the Nigerian National Petroleum Corporation has shown. The deepwater gas production plunged in...

Nigeria Gets €903m EU Aid In Five Years

Nigeria Gets €903m EU Aid In Five Years     Nigeria received 903 million euro as aid from the European Union (EU) from 2013 to 2018. This was contained in a study commissioned by the Policy and Operations Evaluation Department of The Ministry of Foreign Affairs of the...

Nigeria Loses N30bn Monthly To International Airspace Closure

Nigeria Loses N30bn Monthly To International Airspace Closure   The Nigerian aviation industry on a monthly basis loses about N30 billion over the continued closure of the international airspace due to the coronavirus pandemic. The losses, borne by the host economy, operating local and international carriers, and...