Nigeria may lose about 20% of its foreign reserves following last Friday judgement of a London court awarding $9bn assets forfeiture against the country in favour...
Nigeria’s external reserves have continued to drop in recent weeks and slipped below $45 billion. According to data obtained from the Central Bank of Nigeria (CBN),...
Nigeria’s foreign reserves depleted to 6 weeks low in July, declining by a whopping $81.10 million. This is reflected in the latest data released by the...
The federal government of Nigeria control by the All Progressives Congress (APC) is contending with foreign debt crisis of about $18.7 billion, creating new burdens on...
The Government of Nigeria has continued to save while majority citizens suffer hunger and starvation from the malfunctioning economy where unemployment and rising prices remain unabated....