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NIGERIA
News and stories about Nigeria
The Federal Government is requesting documents from ten banks, in a bid to get information that will help overturn a $9.6 billion arbitration award relating to a oil contract which the country feels is fraudulent.
World Bank has projected that the remittances to Nigeria, Egypt, Senegal and other Low and Middle-income Countries (LMICs) would drop sharply by 19.7% to $445 billion in 2020
The post-Covid-19 era is expected to be filled with a lot of uncertainties, CBN has warned of the need for the country to act fast.
A major objective of the judiciary is to defend and uphold the constitution towards ensuring that the rule of law prevails at all times.
At Nigeria’s GDP of N144trillion, the lock down could cost the country a whopping N21 trillion or $50 billion.
The Nigeria Centre for Disease Control (NCDC), on Sunday, March 29, 2020, confirmed fourteen (14) new cases of coronavirus disease in the country.
Muhammadu Buhari will be addressing Nigerians during a televised broadcast today, March 29, 2020 at 7pm will focus on the curtail of the coronavirus
Data from the National Bureau of Statistics (NBS) reveal that Nigeria’s inflation rate increased by 12.20% (year-on-year) in...
World Bank has alleged that African Development Bank (AfDB), Asian Development Bank, and the European Bank for Reconstruction and Development worsen the debt burden of Nigeria and other countries.
The population determines how much each state and local government gets from the Consolidated Revenue Fund/FAAC. The population is 30% of the horizontal allocation formula for states. The population in an LGA also carries a 30% weighting to share.
In a bid to meet its food sufficiency, food security and nutrition targets, Guinea-Bissau has called on Nigeria to assist in the production of rice.
According to the latest report released by Transparency International, Nigeria is now ranked 146 out of the 180 countries considered. This is two steps lower from 144th ranked in 2018.