Nigeria Ranks 3rd In World Bank’s IDA Debt
Nigeria has emerged as the third-largest debtor to the World Bank’s International Development Association (IDA), following a significant increase in...
Tuesday, June 3, 2025
Lead-In
NIN-SIM Linkage: A Strategic Approach To Tackling Fraud, Insecurity
Nigeria, a country of more than 200 million people, has consistently struggled to combat insecurity and fraud. Inadequate identification systems...
UNSTABLE CUSTOMS FX RATES: Rate: Smuggling Rises By 203% In 6 Months
NATIONAL ECONOMY can report that the fluctuating, inconsistent, and volatile exchange rate for clearing imported cargo at the nation’s seaports...
Optimising Downstream Value Chain And Challenges With Technology Adoption
In the power sector, obsolete infrastructure and funding gap has exacerbated the grid disruption in realising efficient energy distribution. Also,...
SEC Grants 2 Cryptocurrency Firms Approval To Operate
The Securities and Exchange Commission (SEC) has granted two digital asset exchanges “approval-in-principle” to commence operations under its Accelerated Regulatory...
Nigeria’s Non-oil Exports Rise To $2.7bn In Q1 2024
The Nigerian Export Promotion Council (NEPC) has announced that Nigeria’s non-oil export sector generated $2.7 billion in revenue during the...
Currency Outside Banks Drops To N3.66trn In July
Currency outside Nigeria’s banking system fell to N3.66 trillion in July 2024, marking the biggest drop this year and a...
Nigeria’s Foreign Capital Inflows Drop By 57.22% To $770m
Nigeria’s foreign capital inflow fell to $770 million in April 2024, marking a significant decrease of 57.22 per cent from...
As theft ravages oil, gas sector: Investors Propose Divestment Of 26 Oil Blocks Worth 8.2m Barrels
In a strategic pivot for Nigeria’s oil sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that international oil...
‘Ajaokuta Steel May Face Disconnection Over N1.2bn Debt’
The Nigerian Electricity Regulatory Commission (NERC) has raised a red flag regarding Ajaokuta Steel Company Limited (ASCL), warning that the...
