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FG MOVES TO MAKE NIGERIA REGIONAL TRANSPORT HUB

Nigeria’s Vice President, Professor Yemi Osinbajo, has said that the Federal Government has prioritized the transport sector as the economic backbone to making the country a transport hub in the [...]

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IMF WARNS THAT HIGH FOOD INFLATION COULD WORSEN FOR NIGERIA, OTHERS

Rising food costs, according to the International Monetary Fund, is a major factor fueling inflation in Nigeria and other sub-Saharan African nations, and might exacerbate present economic [...]

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OMICRON: CACOVID URGES NIGERIANS TO GET VACCINATED

The variant which was first identified by scientists in South Africa on November 24, 2021, has been labelled a “variant of concern” (VOC) by the World Health Organisation. Just when it seemed [...]

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SEC SAYS 60% OF FINANCIALLY-EXCLUDED ADULTS BELOW 35YEARS, ADVOCATES TECHNOLOGY IN FINANCIAL-INCLUSION

According to the Securities and Exchange Commission (SEC), 60% of the financially-excluded in Nigeria are adults under the age of 35, implying that technology could be a way to reach the untapped [...]

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WHO WARNS COUNTRIES TO PREPARE FOR LIKELY SPREAD OF OMICRON COVID-19 VARIANT

World Health Organisation (WHO) has warned countries to prepare for the likely spread of the Omicron Covid-19 variant but urged them not to panic as scientists continue to study it. Scientists [...]

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RISING DEBT, WEAK SPENDING, LOW TAX PUT NIGERIA IN TRILEMMA

The debt-GDP ratio compares Nigeria’s debt to its GDP, while the debt-servicing ratio compares Nigeria’s debt interest payments to how much the government earns in revenues. Nigeria’s rising debt [...]

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PETROL SUBSIDY BURDEN WILL AFFECT PAYMENT OF SALARIES IN 2022, WORLD BANK, NNPC WARNS FG, STATES

According to statements from Nigerian National Petroleum Corporation (NNPC) and World Bank, the huge burden Nigeria incur in the cause of taking care of controversial petrol subsidy may hamper [...]

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COVID-19: FAUCI TO SPEAK AT NIGERIA’S COVID-19 SUMMIT

As part of efforts to redefine the country’s national COVID-19 response and build the health security framework for the country, the Nigerian COVID-19 Summit is to host Anthony Fauci, according [...]

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NESG LAUNCHES NON-RESIDENTIAL FELLOWSHIP TO DEEPEN NIGERIA’S SOCIO-ECONOMIC DEVELOPMENT

The Nigerian Economic Summit Group (NESG) has launched its maiden Non-Residential Fellowship Programme (NRFP) to deepen ties between evidence-based research and policy advocacy, with the [...]

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NIGERIA RANKS 9TH, NEEDS $1.1BN FOR HUMANITARIAN ASSISTANCE IN 2022

World leaders must go beyond “grand gestures” to feed the 45 million people around the world who are on the brink of famine, 120 non-governmental organisations (NGOs) have warned. The group of [...]

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