Despite the commitment of the Nigerian government to improve the human capital of its citizens, the performance metrics of the Human Development Index (HDI) suffer a great setback, which led to poverty, insecurity, frustrations, high dropout-out-of-school rate, destitution, untreated illnesses, poor access to education, among others.
It is unclear what caused the jolt; United Airlines has said the cause was not severe turbulence, and that it is “working with aviation authorities in the US and Nigeria to understand the cause.”
A United Airlines flight bound for Washington Dulles International Airport had to turn back to Nigeria Friday after a technical issue with the plane injured multiple people, according to the airline.
Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of poverty, its finance minister told Reuters on Thursday at the World Economic Forum's annual meeting.
Nigeria may not see significant foreign funds inflow this year because of its negative real interest rates resulting from inflation
Nigeria’s economy is projected to achieve a 5.5 per cent gross domestic growth rate in 2025, contingent on effective reforms, according to Olusegun Omisakin,
Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ongoing reforms and stabilising inflation. Reforms instituted by President Bola Tinubu in 2023,
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The Naira gained N18.85 and N20 against the dollar on a week-on-week basis, respectively, at the official and parallel foreign exchange markets. At the official FX, FMDQ showed that the Naira ended the week under review at N1531.
President Tinubu will deliver a national statement reaffirming Nigeria’s commitment to achieving universal access to energy and its leadership role in Africa’s energy sector.
The Federal Airports Authority of Nigeria (FAAN) has suspended all access gate fees at the Nnamdi Azikiwe International Airport Abuja.