Blogs

NIGERIANS travelling abroad for holidays can now access a maximum amount of $4,000 worth of foreign exchange from the banks following the Central Bank of Nigeria's (CBN) recent  decision to increase the amount.

RECENTLY-published World Bank statistics reveal that Nigeria's federal government has borrowed a total of N1.3tn ($3.14bn) since 2017 to ensure that generation companies and gas suppliers received enough payments to continue generating electricity.

NIGERIA currently has a total of 415 grazing reserves of which only two are located in the south of the country according to the department of animal husbandry services in the Federal Ministry of Agriculture and Rural Development.

TRANSPORT minister Rotimi Amaechi has sought to allay fears that the current infrastructure upgrade taking place across the country will bankrupt Nigeria pointing out that $150bn of the $2bn rail loan taken from China has been repaid.

Ayo Akinfe

[1] We will aim for annual double-digit economic growth between 2023 and 2030. If we enjoy 10% growth every year for a decade, it will increase Nigeria's GDP to over $1trn from the current $400bn. At the moment, over 90% of government revenue comes from crude oil exports. This soft underbelly makes Nigeria highly vulnerable to the vagaries of the global oil market. By 2030, we should aim to reduce this to 50% as part of an aggressive diversification plan.

RECENT statistics published by the National Bureau of Statistics (NBS) show that the total value of Nigeria's agricultural imports during the first three months of the year added up to N503bn ($1.21bn).

LAWMAKERS in Nigeria's House of Representatives are trying to resolve an ongoing dispute between the Economic and Financial Crimes Commission (EFCC) and the Asset Management Corporation of Nigeria (Amcon) involving Diezani Alison-Madueke.

LAWMAKERS in Nigeria's House of Representatives are trying to resolve an ongoing dispute between the Economic and Financial Crimes Commission (EFCC) and the Asset Management Corporation of Nigeria (Amcon) involving Diezani Alison-Madueke.

CENTRAL Bank of Nigeria (CBN) officials have offered to come to Gambia's assistance by helping the country print its currency the dalasi as part of cooperative arrangements among members of the Economic Community of West African States (Ecowas).

MOTIVATIONAL speaker Dayo Olomu is stepping up his lecture series aimed at improving the calibre of leaders Nigeria produces with the launch of a new book titled The Premium Leader: Leadership Attributes and Strategies for Today’s Volatile World.