Tag: Economy
Report: 32 out of Nigeria’s 36 states relied on FAAC for much of their revenue, as debts Mount
My EngineersA stark picture of Nigeria’s state finances has emerged from a recent report by civic-tech organisation, BudgIT, which revealed that 32 out of...
BRICS: 10 things to know about ‘new power bloc’ Nigeria joined
Nigeria and 12 other countries recently joined the Brazil, Russia, India, China, and South Africa power bloc, better known as BRICS, as partner countries,...
Poverty in Lagos isn’t just about money – here’s why
Lagos is Nigeria’s economic powerhouse, but it has some of the worst slums in the country, writes Oluwaseyi Omowunmi Popogbe, Crawford University.Lagos slums are...
Viewpoint: Nigeria and the 2024 Nobel Prize, by Dakuku Peterside
by Dakuku Peterside
EACH year, the Nobel Prize serves as a global recognition of exceptional human contributions across various fields, including Literature, Science, Economics, and...
Rewane: Petrol Price Hike’ll Transfer N5trn from Nigerians to Government, Worsen Energy Poverty
* Says improving GDP numbers masking economic realities * Price of Dangote’s refined petrol to be set by international crude oil price * Situation may...
Nigeria, China move to revive local currency swap
By Johnbosco AgbakwuruNIGERIA and the People’s Republic of China have expressed their commitment towards encouraging flexible and diverse regional monetary and financial cooperation such...