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No Justification for Stakeholders Summit in The Midstream Downstream Oil Sector

By The Insight Team July 10, 2025 679

Key Points:  NMDPRA fails to protect refineries, allows Togo’s low-grade fuel dumping. Togo transships cheap Russian oil, enabling Nigeria’s fuel dumping cabal. Dangote Refinery exports quality fuel, ensures uniform gasoline pricing nationwide. NMDPRA lacks transparency, no public accounts or functional infrastructure. NMDPRA’s pricing summit is Continue Reading

Economy

Aig-Imoukhuede Foundation Wins Special Award, Sponsors 16 Civil Servants with Cash Prizes at 2025 Gala

By The Insight Team June 29, 2025 733

By Emmanuel Kwada The State House Banquet Hall in the Presidential Villa, Aso Rock, Abuja, was aglow with celebration on Saturday evening as the 2025 Federal Civil Service Rewards and Recognition Awards Ceremony marked the grand finale of a historic Civil Service Week. The prestigious event, hosted by the Office of the Head of the […]Continue Reading

Economy Terrorism Monitor Top Story

How Boko Haram Drained Over ₦18 Trillion from Nigeria

By The Insight Team June 11, 2025 1575

Key points: Nigeria’s defense budget has skyrocketed to ₦18 trillion in 10 years, diverting funds from essential sectors like healthcare, education, and infrastructure. Despite increased defense spending, insecurity persists, with over 716,471 deaths recorded from 2010 to 2025, and the economy suffers, with GDP shrinking from $405 billion in 2016 to $188.3 Continue Reading

Economy Top Story

President Tinubu’s Record-Breaking Borrowing Request: Setting A Dangerous Fiscal Precedent

By The Insight Team June 7, 2025 948

  President Bola Ahmed Tinubu’s recent request for a $21.5 billion external loan has raised serious red flags about the direction of Nigeria’s fiscal policy, the transparency of legislative processes, and the sustainability of Nigeria’s debt trajectory. This request, the largest single borrowing proposal in Nigeria’s history, is currently Continue Reading

Economy

AfDB Forecasts Nigeria’s Inflation to Decline to 24.7% in 2025, 17.3% in 2026 Amid Economic Reforms

By The Insight Team May 28, 2025 1478

By Emmanuel Kwada The African Development Bank (AfDB) has projected Nigeria’s inflation to ease from 33.2% in 2024 to an average of 24.7% in 2025, with a further decline to 17.3% by 2026, according to its 2025 African Economic Outlook released during the AfDB’s Annual Meetings which is holding at the Sofitel Abidjan Hotel Ivoire […]Continue Reading

Economy

Nigerians Now Earning $824, Less Than in 1960, Says AfDB Boss Adesina

By The Insight Team May 2, 2025 729

By Emmanuel Kwada Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), has sounded the alarm on Nigeria’s deepening economic woes, highlighting that the country’s GDP per capita has slumped to a mere $824—far below the $1,847 recorded at independence in 1960. This stark regression, he argues, underscores a troubling reality: Continue Reading