31 January 2021
Premium Times
Nigeria’s coronavirus infections surpass 130,000 with 1,883 new cases Saturday
Barely seven days after Nigeria’s coronavirus infection tally surpassed 120,000, another 10,000 has been added to the toll indicating how swift the virus has been spreading across the country…
29 January 2021
Plus TV Africa
Why Do We All Need To Have An Identification Number? | #Ways
SBM Intelligence’s Head of Research, Ikemesit Effiong speaks with WAYS about the prospects, challenges and implications of Nigeria’s ongoing national identification exercise
28 January 2021
AFP
Huge challenges await Nigeria’s new military chiefs
Nigerian President Muhammadu Buhari’s sudden replacement of his top military commanders may be a welcome change in a country frustrated over a decade-long insurgency, but on the ground, soldiers face a complex mix of conflicts…
Nairametrics
Border closure, insecurity and other causes of high food inflation in Nigeria
Nigeria’s inflation rate increased by 15.75% YoY in December 2020, hitting its highest figure in 3 years. According to the latest Consumer Price Index report, released by the National Bureau of Statistics (NBS), the food inflation index rose sharply by 19.56% in December, caused by increases in prices of bread and cereals, potatoes, yam and other tubers, meat, fruits, vegetable, fish and oils and fats…
27 January 2021
Humangle
Is an insurgency slowly gathering momentum in Southeast Nigeria?
Nigeria, Africa’s most populous nation, is facing the threat of a Biafran insurgency, 51 years after the end of a brutal civil war between the country’s federal troops and soldiers of the breakaway state of Biafra, which had led to the death of an estimated three million people…
Nigeria’s former army chief’s ‘fall from grace’
Since the termination of his role as Nigeria’s Chief of Army Staff on Tuesday, Nigerians have called for the prosecution of Lt. Gen. Tukur Buratai over the extrajudicial killing of civilians at various times by soldiers under his watch…
26 January 2021
Financial Times
Nigeria’s Buhari overhauls military as security crisis worsens
Nigerian president Muhammadu Buhari has replaced the four heads of the country’s armed forces after years of resisting widespread calls to do so, in a belated acknowledgment of the swiftly deteriorating security situation in Africa’s most populous country…
25 January 2021
AFP
Seven children kidnapped from Nigeria orphanage
Seven children and an adult were kidnapped from an orphanage by unknown criminals outside Nigeria’s capital Abuja, police said Monday. Aged between nine and 14, the children from the orphanage in Abaji “were plucked away between 1 am and 2 am on Saturday by a group of about 25 men,” Rachel Alaje, owner of Rachel’s Home For Orphans And Vulnerable Children, told AFP by text message…
Nigerian Tribune
More regulatory powers to CBN, as FG gazettes BOFIA 2020
The Federal Republic of Nigeria has officially gazetted Nigeria’s new Banks and Other Financial Institutions Act (BOFIA) 2020. The gazetted document dated November 17 2020 with supplement Act number 5, titled Banks and Other Financial Institutions Act, 2020, is available on the CBN’s website…
WeeTracker
Nigeria’s 97% remittance dip: Where did all the money from ‘The Abroad’ go?
Without a doubt, 2020 was one storm of a year that saw a pandemic ravage global economies and industries. But the scale of decline suffered by remittances to Nigeria in 2020 is perhaps the most glaring visualisation of the extent to which 2020 glitched…
24 January 2021
New Telegraph
Inflation: Nigerians Getting Poorer –Analysts
Nigeria’s inflation rate hit 14.89 per cent in November 2020, the highest since 2018 when the rate stood at 15.13 per cent. On a month-on-month basis, the Headline index increased by 1.6 per cent in November 2020. This is 0.06 per cent points higher than the rate recorded in October 2029 (1.15 per cent)…
Premium Times
INEC’s false claim on Appeal Court rulings challenges Nigeria’s multi-party democracy
The claim by the electoral commission (INEC) that it will not obey an order of the appeal court, on the de-registration of political parties, because it contradicts another order of the same court, is based on a false premise, PREMIUM TIMES can report following an extensive review of the two judgements…
Nigeria’s total coronavirus infections surpass 120,000, deaths exceed 1,500
The number of coronavirus infections in Nigeria surpassed 120,000 on Saturday, nearly a year after an Italian traveller brought the virus into the country via the Lagos airport on February 27, 2020…
23 January 2021
Premium Times
Nigeria records 1,483 new COVID-19 cases
Nigeria on Friday recorded 1,483 new cases and five additional deaths from COVID-19 as efforts to land the first batch of vaccines in the country continue…
22 January 2021
Guardian Nigeria
Experts list ways to tackle Nigeria’s economic woes
Financial experts and other economic stakeholders have stressed the need for the government to create policies and implementation strategies to tackle the challenges posed by the coronavirus pandemic while providing an enabling environment for investments to thrive…
Premium Times
Nigeria records highest ever new COVID-19 cases on Thursday
Nigeria recorded 1,964 new COVID-19 cases on Monday – its highest ever daily case count, overturning its previous record of 1,664 daily infections reported on January 7…
21 January 2021
Premium Times
COVID-19: Nigeria records 1,386 new cases, 14 deaths
Nigeria on Wednesday recorded 1,386 new cases of COVID-19 and 14 deaths from the virus. The 14 deaths recorded on Wednesday means Nigeria has now recorded 58 deaths from the virus in four days. On Sunday, Monday and Tuesday, 15, 14 and 15 daily deaths were recorded respectively…
20 January 2021
BusinessDay
How Biden’s foreign policy might impact Nigeria
The inauguration, today, of Joe Biden as the 46th president of the United States of America is expected to herald a new era of global cordial relationship that will impact Nigeria, and Africa, across multiple fronts – from trade to immigration, regional security and diplomatic relations…
Nairametrics
Only 68.8% of Nigerians believe Covid-19 is real – SBM Intel
As the country and indeed, the rest of the world continues to be ravaged by the pandemic, only 68.8% of Nigerians believe Covid-19 is real. While 39.9% of Nigerians say they will take the vaccine, 63.3% are opposed to another lockdown…
Premium Times
17% of Nigerians don’t believe COVID-19 is real – Report
Amidst the continuous surge in the number of coronavirus cases in Nigeria, a survey has found that nearly a fifth of Nigerians still do not believe the disease is real…
The Cable
SBM poll: 60% of Nigerians unsure, unwilling to take COVID-19 vaccine
A new report by SBM Intelligence, Nigeria’s geopolitical intelligence platform, shows that 35.9 per cent of Nigerians are unwilling to take the COVID-19 vaccine, while 24.1 per cent are yet to decide whether or not to take the vaccine…
16 January 2021
BusinessDay
Will CBN act as piggy bank for the FG yet again in 2021
Nigeria barely meets up with projections in the budget, and for 2021 it has set an ambitious target, creating doubts in the minds of analysts on how realistic the projections are…
15 January 2021
Nairametrics
Gulf of Guinea piracy hits record level in 2020 – IMB
West Africa’s Gulf of Guinea recorded an unprecedented increase in piracy attacks in 2020, according to the International Maritime Bureau in its 2020 Annual Piracy report published on Wednesday…
14 January 2021
Bloomberg
Nigeria vaccination plan seen as unfeasible by critics
Nigeria wants to vaccinate as much as 40% of its population against the coronavirus in 2021, a government official said, in a plan that was described as unfeasible by a state governor and analysts…
Punch
Foreign help needed to decisively crush terrorism
Calls on the government to secure greater foreign assistance to crush terrorism have peaked as insurgents continue to slaughter and kidnap Nigerians and vandalise communities…
S&P Global
Nigeria’s financial services law ushers in tighter controls of banks, fintechs
Nigeria’s new financial services law will increase regulatory demands on financial technology companies, place greater scrutiny on bank executives and deter unsecured lending to small businesses — and industry experts are divided over how well it will work…
The Africa Report
Nigeria: Will insecurity, kidnapping and crime get worse in 2021?
Eleven days into the new year of 2021, an unusual tale of two kidnappers was told by the Nigeria Police spokesperson Frank Mba…
12 January 2021
Nairametrics
47% of the farmers have no access to any kind of storage facilities – SBM Intel
SBM Intel, a geopolitical research and strategic communications consulting firm has revealed that 47% of farmers have zero access to any kind of storage facilities during harvest, which could rise up to as high as 60% for tubers, fruits and vegetables…
Premium Times
How bad roads, multiple taxes, extortion, others contribute to Nigeria’s food inflation – Report
Poor road networks, multiple taxes, poor storage facilities and harassment by security operatives are among the many challenges facing farmers in Nigeria, a new report has shown…
Sahara Reporters
47% of Nigerian farmers have no access to storage facilities – Report
According to the report, for Nigeria to avert a food security catastrophe, federal and state governments need to prevent “even higher food prices across the country through various short and long-term measures”…
11 January 2021
The Cable
Report: Bad roads, multiple taxes, hindering food transportation in Nigeria
A new report by SBM Intelligence, Nigeria’s geopolitical intelligence platform, says food transportation in the country is hindered by bad roads, multiple taxes and harassment by security operatives…
10 January 2021
Leadership
Insecurity: PMB, Monguno and the hurdle of intelligence gathering
Security is first, the primary purpose of government, especially in a democratic state like Nigeria. This explains why President Muhammadu Buhari did not spare any effort at assembling a team of competent, loyal and dedicated allies, as he battles to lay to rest the recalcitrant issue of security breaches in parts of the country…
Punch
Nigeria’s 10 unforgettable kidnapping cases
Two weeks to Christmas last year, an unfortunate episode happened at Kankara, the headquarters of Kankara Local Government Area of Katsina State, when gunmen invaded the Government Science Secondary School in the town and abducted over 340 pupils…
9 January 2021
ThisDay
What a tumultuous 2020
The out gone year 2020 would go down in history as a year that has redefined humanity and the world in all ramifications…
6 January 2021
BusinessDay
Nigerian lenders tighten credit criteria as default rates worsened in Q4’20
While the availability of credit to households and corporates increased in the second quarter of 2020, not many Nigerians and businesses who applied for loans were able to access credit as lenders tightened their credit criteria and demanded higher collateral…
Punch
Restoring faith in the Nigerian project
The rare admission of the failure of governance by the Speaker of the House of Representatives, Femi Gbajabiamila, rekindles the desperate need to assuage the seething mass discontent in the country…
5 January 2021
Reuters
Nigeria raises electricity prices for biggest users
Nigeria’s electricity regulator has increased prices for top-band customers to reflect the impact of inflation and a weakening naira, the regulator said on Tuesday…
3 January 2021
Punch
FG lacks funds, will to reform police –Report
An Africa-focused research and consulting firm, SB Morgen, has cast doubt on the decision of the Federal Government to embark on police reforms…