The Federal Government’s recent move to borrow an additional $4.179 billion has been greeted with a massive outcry across the country, as economists and financial analysts warn against Nigeria’s rising debt profile and its repercussions for the economy. The most recent statistics published by the Debt Management Office revealed that as of March 2021, Nigeria’s
The amount spent on the importation of petroleum products into Nigeria in 2020 is $43.46bn higher than the revenue which the country earned from the export of petroleum products in the same year. In its 2021 report on the latest values of cs and imports of member nations of the Organisation of Petroleum Exporting Countries
A grade of crude oil, Brent, rose above $79 a barrel on Friday, supported by tight supplies due to supply curbs ahead of the meeting of the Organisation of the Petroleum Exporting Countries and allies (OPEC+) on Monday. The global crude benchmark appreciated by 1.07 per cent or 85 cents yesterday to sell at $79.15
September 17, 2021, was a memorable day for African Leadership Magazine Group as it successfully hosted jointly the 5th edition of its annual Invest in Africa Summit and the 11th edition of the Africa Business Leadership Awards (ABLA). The Invest in Africa Summit aims at bringing together Policymakers, private sector leaders, civil society leaders, and all stakeholders in
The Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr. Simbi Wabote, has received the African Leadership magazine (ALM) African Local Content Icon Award in recognition of his dedication and commitment to improving local content in sub-Saharan Africa. The Award was virtually bestowed on Him at ALM Summit on Friday, September 17. In his remarks; Engr.Wabote expressed appreciation
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