nigerian economy
Nigeria Spent $10 Billion on Food Imports in 2023
In a recent report by the African Development Bank (AfDB), Nigeria’s expenditure on food imports in 2023 reached a staggering $10 billion, with approximately $3 billion allocated specifically for importing grains.
In 2023, Nigeria spent an astonishing $10 billion on … Continue Reading
Over 100 Nigerian Airlines Closed in Four Decades: Why the Aviation Industry Faces Such Crisis
The Nigerian aviation industry has witnessed an astonishing rate of airline closures, with more than 100 airlines shutting down over the past four decades.
Nigerian Airlines- During a recent event marking Air Peace’s 10th anniversary, Minister of Aviation and Aerospace … Continue Reading
Fairfax Africa Fund Predicts Collapse of Nigeria’s Domestic Airlines Amid Economic Crisis
Aviation Industry Faces Uncertain Future as Fairfax Africa Fund Chairman Warns of Imminent Airline Failures
The Fairfax Africa Fund, investors behind the controversial Nigeria Air project, has issued a dire prediction about the fate of Nigeria’s domestic airlines, warning … Continue Reading
Indian Investors Granted Approval to Invest $25 Million in Nigerian Economy
Landmark Move Expected to Redefine Nigeria’s Financial Landscape
Indian investors have been given the green light to inject $25 million into the Nigerian economy.
The announcement was made by Shri Chandramouli Kumar Kern, the India Consul General to Nigeria, … Continue Reading
Tinubu has destroyed the Nigerian economy, says Atiku
Atiku Abubakar, the former Vice President of Nigeria and PDP Presidential candidate in the last general election has accused President Ahmed Bola Tinubu of destroying the Nigerian economy.
Atiku Abubakar, who has been in Dubai since after the Supreme … Continue Reading