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Over 9 in 10 Nigerian Youth Ready To Combat Against Malaria
According to a new research, findings showed that 9 in 10 Nigerian youth want to take personal action in the fight against malaria, with over half (58%) believing the disease can be eliminated in their lifetimes. With COVID-19 diverting attention from malaria, over half (58%) believe they are the generation to end the disease, despite…
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2021 Week 18: Covid-19 Cases Drops
Nigeria, in the eighteen week of 2021, recorded a total of 244 cases of COVID-19. On average, the country had over 24.9 daily records of cases between April 30th and May 6th, 2021. According to Nigerian Center for Disease Control, the country had recorded a total number of 55 cases on Friday, 30th of April.…
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2021 Week 13: COVID-19 Cases Drops To Over 700
Nigeria, in the thirteen week of 2021, recorded a total of 722 cases of COVID-19 was reported. On average, the country had over 103.1 daily records of cases between March 26th and April 1st, 2021. According to Nigerian Center for Disease Control, the country had recorded a total number of 113 on Friday, 26th of…
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2021 Week 12: COVID-19 Cases Drops To Over 800
Nigeria, in the twelfth week of 2021, recorded a total of 866 cases of COVID-19. On average, the country had over 123.7 daily records of cases between March 19th and March 25th, 2021. According to Nigerian Center for Disease Control, the country had recorded a total number of 130 cases on Friday, 19th of March.…
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Nigeria Plans $50bn Intra-Africa Exports
As part of an effort to boost the African economy, the National Action Committee on African Continental Free Trade Area Agreement has disclosed plans to grow its intra-Africa export trade volume to $50billion by 2035. The Senior Special Assistant to the President and Secretary, National Action Committee on AfCTA, Francis Anatogu, made this disclosure stated…
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Nigeria’s Gas Production Declines By 3% In One Year
Nigeria’s gas production has recorded a marginal decline by three per cent to 3,004.06 Billion Cubic Feet (BCF) in one year. This development, which is a major setback, is coming as a negative momentum to the Federal Government’s determination in improving the utilisation of gas in the country. According to statistics from the Nigeria National…
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Nigeria Spends $1.5b Annually On Dairy Products
The Minister of Agriculture and Rural Development, Alhaji Sabo Nanono said, 60 percent of dairy products consumed locally are imported with about $1.5 billion spent yearly. Dairy products or milk products are a type of food produced from or containing the milk of mammals, most commonly cattle, water buffaloes, goats, sheep, and camels. Dairy products…
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GDP Growth: IMF To Revise Nigeria’s 2021 Forecast
The International Monetary Fund has said that it may revise its 2021 outlook for Nigeria’s economy upwards from 1.5 percent it projected earlier. IMF said the revision would come the next round of its projection this April given recent positive developments in the economy. The IMF had projected that Nigeria’s economy would grow by 1.5…
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CBN Disburses $80m Weekly For School Fees, BTAs
The Central Bank of Nigeria has said it disbursed at least $80m on a weekly basis to enable Nigerians meet their forex responsibilities. This was as part of an effort to address lingering foreign exchange scarcity in the country. The CBN Governor, Godwin Emefiele, in its 278th Monetary Policy Committee, urged Nigerians not to panic,…
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Banks’ Credit To Economy Hits N43.67tn
As at the end of February 2021, banks’ credit to the economy rose to N43.67 trillion from N42.92trillion in January – an addition of N75billion. The Central Bank Governor, Godwin Emefiele, who disclosed said, “Provisional data showed that banking system credit to the economy increased by 1.75 per cent to N43.67trillion in February 2021 from…