By Damilola Adeleke The United Nations Conference on Trade and Development (UNCTAD) has raised concerns over the increasing debt burdens faced by developing nations, warning that many are struggling under financial pressure. According to the agency, by 2023, external debt for developing countries had reached $11.4 trillion, nearly equaling their total export earnings. Nigeria’s debt […]
By Damilola Adeleke Two agencies regulating Nigeria’s petroleum industry could not properly account for over N313 billion, leading to significant revenue losses for the government, according to the latest report by the Auditor General of the Federation. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) are […]
By Ephraim Agbo The 2025 African Union Summit is scheduled for February 9-11. The summit will prioritize agriculture as a key theme for the continent’s development. Agriculture, a critical sector in many African nations, is at a crossroads, facing challenges such as climate change, food insecurity, and underdevelopment. This year’s summit will focus on transforming […]
