Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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Democracy In Peril
By Ebun-Olu Adegboruwa, SAN The situation in Nigeria presently is very alarming, and this is no exaggeration at all. The grim realities facing us ahead of 2023 are daily being worsened by
Indigenous Blacksmiths Now Produce AK-47 Rifle
The Defence Intelligence Agency has said some blacksmiths in Nigeria now have the expertise to manufacture assault weapons such as AK-47. The DIA noted that while blacksmiths and the rifles they traditionally
Achieving Clean And Affordable Energy In Nigeria Through Downstream Oil and Gas Sector
Across the world, countries are seeking alternatives to improve economic growth and sustain impact through energy. Part of this is the focus on the effectiveness of gas usage for domestic and Industrial
Capital Market Can Aid Nigeria’s Economic Growth – SEC
The Securities and Exchange Commission has again affirmed that the capital market has the potentials to bridge the infrastructure gap in the country as well as aid economic development. Mr. Dayo Obisan,
More Nigerian Festivals To Get UNESCO’s Recognition-FG
The Minister of Information and Culture, Alhaji Lai Mohammed, has promised to push for recognition for more cultural festivals in Kebbi and other states to complement the inscription of Argungu festival as
Shell Gives $700,000 Subsea Training Facilities To UNIPORT
The Nigeria deep-water arm of global energy giant, Shell, has donated multimillion naira laboratory equipment and software packages to the Offshore Technology Institute of the University of Port Harcourt as part of
How CBN Saved Nigeria’s Economy From COVID-19 Pandemic
The Central Bank of Nigeria(CBN),has said that it took a number of measures to mitigate the long-term effects of COVID-19 pandemic on the growth prospects of the nation’s economy. The apex bank’s Governor,
Nigeria Attracts $45.1bn FDI In 10 Years-Report
A new report by the African Development Bank says Nigeria attracted FDI worth about $45.1bn from 2011 – 2020. It also said that Nigeria, Egypt, Kenya and South Africa account for about a
Oil Industry Short Of Job Opportunities-Senate President
The President of the Senate, Ahmad Lawan,has said that the country’s oil industry does not offer much employment opportunities for Nigerians inspite of the revenue the nation fetch from it. He spoke
Insurgency Forced 330,000 Nigerians To Chad,Cameroon,Niger–FG
No fewer than 330,000 Nigerian refugees now live in neighbouring countries,according to the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq. She disclosed this when she was hosted in
