Nigeria

Nigeria has decided to shut down all its oil refineries as it works to secure funding and a model to upgrade them, the head of Nigerian National Petroleum Corporation (NNPC) said on…

The International Monetary Fund (IMF) is working hard to respond to the request for funds made by Nigeria, so that a proposal can be considered by the Executive Board as soon as possible.…

Nigeria's hope of raising dollar denominated cash in the euro-bond market to finance its deficit may have finally hit the rocks as rating agency, Fitch downgraded the country's long-term…

India put a total ban on exports of hydroxychloroquine, a malaria drug that U.S. President Donald Trump has touted as a “game changer” in the global fight against Coronavirus Exports of…

Nigeria has asked for urgent help with ventilators from the US billionaire and Tesla promoter Elon Musk as Africa’s most populous nation ramps its fight against the deadly Coronavarius…

Last week, I argued against lockdown as the only means of stemming the spread of the novel Coronavirus steadily spreading across the country. My reason is simply that it is virtually…

Members of a webinar panel of experts organised by the Financial Times yesterday said Nigeria would take a big hit from the current collapse in oil price and the prolonged recession that…

With the lockdown of Lagos, Ogun and FCT on Monday following the increasing rate of coronavirus cases in the states, the fate of Nigeria’s unbanked population of almost 40 million is…

In an interview with African Independent Television (AIT) about two weeks ago on the ‘Implications of the Coronavirus (COVID 19) on our States’, I pointed out that Nigerians are yet to see a…

Nigeria is struggling with image problems due to various factors including its historical inability to consistently project its positives. In absence of this, the negatives sometimes…