Tag: Nigeria
-
Nigeria’s oil reserves stand at 37.28bn barrels, gas hit 210.54 tcf – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Friday said that the nation’s crude oil reserves stood at 37.28 billion barrels (bb) as at Jan. 1, 2025. The commission also said that Nigeria’s gas reserves hit 210.54 trillion Cubic Feet (tcf).
-
Nigeria to tap into economic promise of space- minister
Minister of Innovation, Science and Technology, Chief Uche Nnaji, has said Nigeria would tap into economic promise of space exploration.
-
We’ve disbursed $50bn into Nigeria in last decade – Afreximbank
The African Export-Import Bank (Afreximbank) says it has disbursed 50 billion Dollars into various sectors of Nigeria in the last 10 years. Prof. Benedict Oramah disclosed this at the Commissioning of the Afreximbank African Trade Centre (AATC) in Abuja on Thursday.
-
Nigerians Raise Voices Against Prison Detention Of Juveniles Without Trial
…urge FG to decongest correctional centres, juvenile prisons The Federal Government has been urged to take extra measures in reducing the number of Nigerians languishing in jail without trial or conviction, while the Sokoto government has been tasked to investigate over 40 minors who are reportedly facing the same fate in the state-run remand house.…
-
What Nigeria need to withstand U.S. tariff shock – Economist
An economist, Dr. Yemi Kale, says Nigeria requires 40 per cent annual growth rate to cushion the potential negative impact of the United States’ (U.S.) recent tariff hike on its one trillion dollar economic growth vision.Kale, who is the Group Chief Economist and Managing Director, Research and Trade Intelligence,
-
Nigeria to launch e-visa, digital cards
Mr Festus Keyamo, Minister of Aviation and Aerospace Development, says the Federal Government will launch an e-visa system and digital landing/exit cards to enhance national security. He disclosed this on Wednesday in Abuja when he received a delegation led by the Minister of Interior, Mr
-
Why Nigeria can become global economic growth driver-World Bank
Dr. Ndiame Diop, the World Bank Country Director for Nigeria, has emphasized that Nigeria’s rapidly growing working-age population, which is expected to reach approximately 100 million in the next 25 years, presents a unique opportunity for the country to become a major global economic driver. According to Diop, this demographic growth will not only outpace…
-
Nigeria not affected – FG responds to Saudi visa ban
The Ministry of Foreign Affairs on Monday clarified that Nigeria is not on the list of countries facing an entry ban into Saudi Arabia from April 13. Foreign Affairs Minister Yusuf Tuggar issued the clarification through a statement by his Special Assistant on Media and Communications Strategy, Alkasim Abdulkadir.
-
Shettima explains why Nigeria has one of the World’s lowest tax-to-GDP ratios
Vice President Kashim Shettima has provided insight into why Nigeria has one of the lowest tax-to-GDP ratios globally. Speaking on Friday in Abuja at the 2nd Joint Workshop on the 2025 National Budget, organized by the Association of National Accountants of Nigeria (ANAN) and the Chartered Institute of Taxation of Nigeria (CITN), Shettima attributed the…
-
FIFA Rankings: Nigeria ranks 43rd globally, sixth in Africa
Nigeria has moved one place up to 43rd position and now sixth in Africa in the latest FIFA rankings released on Thursday. According to the FIFA’s website, Argentina is the highest ranked team in the world, with Spain moving one