Ndubuisi Francis

Ndubuisi Francis

Dollar Crisis: Nigeria Rated Most Crypto-Obsessed Nation in the WorldDollar Crisis: Nigeria Rated Most Crypto-Obsessed Nation in the World

Dollar Crisis: Nigeria Rated Most Crypto-Obsessed Nation in the World

While the government has had a tough stance against cryptocurrencies since banning them in 2021, adoption continues to grow.

2 years ago
Nigeria’s Debt Service Hits N1.94trn, Overwhelms Revenue by N310bnNigeria’s Debt Service Hits N1.94trn, Overwhelms Revenue by N310bn

Nigeria’s Debt Service Hits N1.94trn, Overwhelms Revenue by N310bn

Debt service cost outstripping the country’s revenue is an indication of dangers ahead; policymakers must implement reforms to save the…

2 years ago
Over 13m Nigerians Hold Cryptocurrencies, Says UN ReportOver 13m Nigerians Hold Cryptocurrencies, Says UN Report

Over 13m Nigerians Hold Cryptocurrencies, Says UN Report

Latest data from the UN agency's policy brief indicated that the country was trailing Kenya and South Africa, with about…

2 years ago
Nigeria to Build Five Resettlement Cities for IDPsNigeria to Build Five Resettlement Cities for IDPs

Nigeria to Build Five Resettlement Cities for IDPs

Nigeria's federal government on Thursday disclosed that it was planning to build five resettlement centres for refugees in different parts…

3 years ago
IMF Delegation Visits Ghana to Discuss Possible $3bn LoanIMF Delegation Visits Ghana to Discuss Possible $3bn Loan

IMF Delegation Visits Ghana to Discuss Possible $3bn Loan

A delegation from the International Monetary Fund (IMF) is billed to visit Ghana Wednesday to begin initial discussions about a…

3 years ago
Nigeria’s Public Debt Climbs by N2.04trn in Q1 to N41.6trnNigeria’s Public Debt Climbs by N2.04trn in Q1 to N41.6trn

Nigeria’s Public Debt Climbs by N2.04trn in Q1 to N41.6trn

Nigeria’s total public debt stock, comprising the debt obligations of the federal government, states and the Federal Capital Territory (FCT)…

3 years ago
Twitter Investors Sue Elon Musk for ‘Stock Manipulation’ During Takeover BidTwitter Investors Sue Elon Musk for ‘Stock Manipulation’ During Takeover Bid

Twitter Investors Sue Elon Musk for ‘Stock Manipulation’ During Takeover Bid

World's richest man, Elon Musk has been sued by Twitter Inc. investors, claiming he manipulated the company's stock price downward…

3 years ago
Okonjo-Iweala: Global Food Crisis Could Last till 2024Okonjo-Iweala: Global Food Crisis Could Last till 2024

Okonjo-Iweala: Global Food Crisis Could Last till 2024

The world’s food crisis could last until 2024 unless safe corridors are created to move Ukrainian food stocks currently blockaded…

3 years ago
Higher Energy Prices Could Trigger Global Recession, IEA WarnsHigher Energy Prices Could Trigger Global Recession, IEA Warns

Higher Energy Prices Could Trigger Global Recession, IEA Warns

A rise in energy demand in the summer could send prices higher and risk a global recession, the head of…

3 years ago
US Ranked World’s Most Secretive Financial Jurisdiction for Illegal MoneyUS Ranked World’s Most Secretive Financial Jurisdiction for Illegal Money

US Ranked World’s Most Secretive Financial Jurisdiction for Illegal Money

The United States of America (US) has emerged the most secretive financial jurisdiction to hide illegal money in the world,…

3 years ago
Nigeria: FG Suspends Accountant General Idris Over Alleged Diversion of N80bnNigeria: FG Suspends Accountant General Idris Over Alleged Diversion of N80bn

Nigeria: FG Suspends Accountant General Idris Over Alleged Diversion of N80bn

Nigeria's federal government has suspended the Accountant-General of the Federation (AGF), Ahmed Idris, indefinitely, following his arrest on Monday by…

3 years ago
IMF: 20 Sub-Saharan African Countries in Debt Distress, High Risk of Debt DistressIMF: 20 Sub-Saharan African Countries in Debt Distress, High Risk of Debt Distress

IMF: 20 Sub-Saharan African Countries in Debt Distress, High Risk of Debt Distress

  The International Monetary Fund (IMF) has warned that debt vulnerabilities remains elevated in Sub-Saharan Africa, with no fewer than…

3 years ago
No Nigerian Listed as World Economic Forum Names 11 Africans Among 42 Young Global LeadersNo Nigerian Listed as World Economic Forum Names 11 Africans Among 42 Young Global Leaders

No Nigerian Listed as World Economic Forum Names 11 Africans Among 42 Young Global Leaders

Three Kenyans, three South Africans, two Ghanaians, an Algerian, Namibian and Somalian made the 2022 Young Global Leaders announced Sunday…

3 years ago
$418m Paris Club Refund: Don’t Tamper with Our Allocations, Nigerian Governors Insist$418m Paris Club Refund: Don’t Tamper with Our Allocations, Nigerian Governors Insist

$418m Paris Club Refund: Don’t Tamper with Our Allocations, Nigerian Governors Insist

Governors of the 36 states of the federation have reaffirmed their position that the federal government should not go ahead…

3 years ago
WHO: Nigeria, 12 Other African Countries Yet to Surpass 10% Covid VaccinationWHO: Nigeria, 12 Other African Countries Yet to Surpass 10% Covid Vaccination

WHO: Nigeria, 12 Other African Countries Yet to Surpass 10% Covid Vaccination

Nigeria and 12 other countries in Africa are yet to surpass 10 per cent full vaccination of their population against…

3 years ago

Nigeria, Other West African Countries Facing Worst Food Crisis in 10 Years, Aid Groups Say

International aid agencies on Tuesday raised the alarm that the West African sub-region was currently facing its worst food crisis…

3 years ago

Power Outages: We Have Settled 87% of Your Invoices, Nigeria Tells Generating Companies

Nigeria's federal government said on Thursday that it had settled the power Generation Companies (Gencos) to the tune of approximately…

3 years ago

Nigeria Raises $1.25bn Through Eurobonds as Public Debt Hits N41.026tn

Nigeria has issued $1.250 (N520 billion) billion seven-year Eurobond in the International Capital Market (ICM), being the first African country…

3 years ago