ECOWAS: Illegal Mining Denies Nigeria 91% Of Sector Revenue Dr. Mohamed Sidie Tunis, the Speaker of the Economic Community of West African States (ECOWAS) Parliament, has revealed that Nigeria loses 91 per cent of its revenue from the mining sector to illegal miners. The Speaker stated...

IMF Foresees Weaker Economic Growth For Nigeria   The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth projections for 2024 to 3.0 per cent from 3.1 per cent in its October forecast. It disclosed this in its ‘World Economic Outlook Update, January 2024.’ In a table,...

Bridging the Healthcare Service Divide in Nigeria, by Aishat M. Abisola   Nigeria, a nation marked by diverse landscapes and cultural richness, grapples with significant healthcare disparities between urban and rural areas. While urban centers face issues such as minimal medical resources, a lack of healthcare...

Nigeria, Morocco In Talks to Expedite ₦425bn Gas Pipeline Project The Nigerian government has intensified discussions with the Kingdom of Morocco to fast-track the Final Investment Decision, FID, on the Nigeria-Morocco Gas Pipeline. A statement signed by the Corporate Communications Officer, Nigerian National Petroleum Company Limited,...

World Bank Reveals Nigeria’s Poverty Rate Reduced By 7%   The World Bank has estimated that improved access to internet coverage over three years led to a seven per cent reduction in extreme poverty in Nigeria and Tanzania. This was disclosed in a new brief titled, “Digital...

'Nigeria Not Generating Enough Revenue to Support Devt'   Nigeria is not earning enough revenue to support its developmental needs, the International Monetary Fund (IMF) has disclosed. According to the IMF, the country’s nine per cent revenue to Gross Domestic Product ratio is very low and not...