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energy and natural resources

Powering Nigeria’s Future – Urgent Action for Affordable and Reliable Energy

Nigeria's 216 million population faces energy supply constraints due to inefficient power generation and distribution. The poor electricity supply, which averaged 4,249.10MW in the first quarter of 2024.....

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technology and innovation

JobTech Opportunities in Africa

The Lancet reports that global birth rates have dropped from around five children per woman in 1950 to 2.2 children in 2021 and is likely to continue to drop to 1.59 by 2100.

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technology and innovation

Nigeria's Gig-economy: The Rise of Independent Workers

Gig work, also known as freelance or contract work, refers to short-term/temporary (sometimes informal), flexible, and often project-based employment arrangements outside the standard, long-term employer-employee relationships.

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Economics

The Impact of Multidimensional Poverty in Nigeria: Challenges and Solutions

The first goal of the Sustainable Development Goals (SDGs) is to combat poverty in all its forms everywhere. Poverty is a global and long-standing issue.

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Economics

The IMF and the World Bank: Roles and Responsibilities in New Global Development

At the end of the Second World War, the allied nations were tasked with rebuilding their local economies and the global economy at large.

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politics and policy

Women's Inclusion in Nigerian Politics: A Data-Driven Approach

Southern Nigerian women were first granted the right to vote and to be elected. The Nigerian Constitution Amendment Act of 1954 was a pivotal juncture in Nigerian history.

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infrastructure

Infrastructure Development: The Backbone of Efficient Urbanisation

Nigeria, the most populous country in Africa, is undergoing rapid urbanisation, with about 54% of the country’s population settling in urban areas. Although this exodus creates economic opportunities, it could harm economic growth.

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politics and policy

Why the Presidential Amnesty Programme (PAP) is Outdated

In 2009, the Nigerian government offered amnesty to Niger Delta militants. The amnesty deal was created to restore peace to the violence-mired region.

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Economics

Consumer Credit Scheme: Potential Gains for Nigerians

Across various economies, including the most advanced, the government and other stakeholders collaborate to establish avenues for individuals and households to access credit through a consumer credit scheme.

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infrastructure

Exploring the Challenges with Nigeria's Electricity Infrastructure

It is June 1999, mere weeks after the commencement of Nigeria’s fourth republic. The newly appointed Minister of Power and Steel, the late Chief Bola Ige, proclaims, “Power failure will be a thing of the past within six months.”

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energy and natural resources

An Overview of Hydrogen Production and Storage Options for Nigeria

Nigeria boasts an abundance of solar energy, biomass, hydroelectric power, and, most notably, fossil fuel energy reserves. These energy sources could be utilised to produce and store hydrogen directly or indirectly.

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education

Education Progress in Northern Nigeria Amidst Insecurity

Despite global breakthroughs in the sector, Nigeria’s education continues to lag, marked by poor education quality, high levels of learning poverty, inadequate learning infrastructure, and underqualified teachers.

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technology and innovation

From Brick to Click: E-commerce and the Future of Retail

Boston Computer Exchange, BCX, the world’s first e-commerce company, opened for business in 1982. BCX was an online marketplace for people buying or selling used computer equipment.

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infrastructure

Cholera: Strengthening Nigeria’s Health System to Manage Disease Outbreaks

Nigeria’s healthcare infrastructure is currently battling a cholera outbreak it is unprepared for. This dire situation is exacerbated by the lack of access to proper latrine services, a significant deterrent to the spread of the disease.

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technology and innovation

Why The Nigerian Tech Industry is FinTech-Driven

According to a 2023 report by Disrupt Africa, Nigeria accounted for 32% of the fintech startups on the continent, with 217 in total.

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Economics

Rising Tides: Analysing Nigeria's Soaring Public Debt and Its Sustainability Concerns

Nigeria’s mounting debts are approaching unsustainable levels, demanding immediate and unwavering attention from policymakers.

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infrastructure

The Effectiveness of Public-Private Partnerships (PPPs) in Nigeria’s Infrastructural Development

Public-private partnerships (PPPs) entail cooperation between all levels of government and businesses in the private sector.

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Economics

Is Food Inflation in Nigeria Really 39%? Analysing the NBS Methodology for Computing Nigeria’s CPI

“I do not agree with that statistic” These were the words of Dr Ajibola Bashiru in a viral clip as he debated with Seun Okinbaloye, the Channels TV anchor on the TV show “Politics Today”, on the headline inflation rate in Nigeria.

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Economics

Enhancing Nigeria’s Economy Through Textile Development

Nigeria’s Gross Domestic Product (GDP) grew by 2.98% year-on-year in the first quarter of 2024, surpassing the 2.31% recorded in the first quarter of 2023 but lower than the 3.46% growth in the fourth quarter of 2023.

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economics

What Happened to the M.I.N.T. Economies?

In 2001, Lord Jim O’Neill, a former Chief Economist at Goldman Sachs, coined the term “B.R.I.C.” as an acronym for the emerging markets of Brazil, Russia, India, and China.

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infrastructure

How Cement Costs Stifle Nigeria’s Infrastructural Development

Nigeria's cement industry stands as a regional powerhouse. As of 2021, it had a combined capacity of 58.9 mt/y, making it the largest in Sub-Saharan Africa.

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education

Improving Vocational Education for Reduced Youth Unemployment in Nigeria

Vocational education is credited with promoting youth employment rates across the globe. In the United Kingdom, the employment rate of vocational education graduates is about 90% men and 85% women.

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education

Overcoming Gender Bias in STEM

Globally, women hold a higher enrollment (114 women for every 100 men) and completion (54%) rate in terms of higher education than men. However, in STEM disciplines, men dominate, with only 35 percent of STEM graduates being female.

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energy and natural resources

War against Oil Theft: Conventional Security versus Private Surveillance Contractors

Nigeria's crude oil production declined in 2023 and 2024, failing to meet its OPEC quota for nine consecutive months. In September 2023, output stood at 1,572,315 barrels per day (bpd) but dropped to 1,562,072 bpd in October 2023.

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technology and innovation

How The Nigerian Tech Industry Performed in Q2 of 2024: Funding, Acquisitions, and What This All Means

It was reported that in Q1 of 2024, Nigerian startups received 35% ($160m) of Africa’s total $466m investment, the bulk of which was Moove’s joint equity and debt financing of $110m.

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education

2024 JAMB Scores: The Impact of Budget Allocation on Education Outcomes

Nigeria, the most populous African nation, with about 41.3% of its population as children, is yet to solve its education crisis.

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infrastructure

Adequate Infrastructure: A Cure for Poverty in Nigeria

Although Nigeria possesses a large deposit of natural resources and a large population, its potential is not fully optimised, and this can be attributed to the state of the country's infrastructure.

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energy and natural resources

Geothermal Energy’s Potentials in Nigeria's Renewable Energy Portfolio

The Nigerian government has proposed a legally binding net-zero greenhouse gas emissions target by 2060 after the Paris Agreement in Glasgow in 2015, hence the country's need to introduce renewable/clean energy options.

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technology and innovation

Are Machines taking over? The Impact of AI on Education and Research in Nigeria

Education entails a teaching process involving an instructor and students in the formal or informal learning sector. For teaching and learning to happen, there must be a teacher willing to teach the students voluntarily or for a price.

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technology and innovation

What Nigeria Can Learn from India: A Comparison of India and Nigeria's Tech Industries

Nigeria and India are different countries. Yet a quick Google search of ‘Nigerian and Indian tech industries’ will produce several articles comparing them.

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education

Accelerating Learning Recovery in Nigeria

According to the United Nations Educational, Scientific and Cultural Organization (UNESCO), education is a human right, as well as a powerful catalyst capable of reducing poverty, driving development, improving health, and sustaining economic stability....

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Economics

The Dark Decade: A Data Story of Nigeria's De-growth Years (2015–2024)

In April 2024, the International Monetary Fund (IMF) revealed that Nigeria’s gross domestic product (GDP) will decline to $253 billion in 2024, driven primarily by the devaluation of the naira.

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Economics

What Is a Sovereign Wealth Fund?

Resource-rich nations with large reserves of commodities and crude oil usually benefit from a surge in prices in the global market. As market prices increase, these nations profit from the sale of these resources and sometimes profit beyond projections.

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education

Diffusing Research and Development from Higher Education into Nigerian Society

A phrase that has taken over the industrial and academic sectors, “Research and Development (R&D),” signifies the need for continuous relearning and unlearning in intellectual and labour settings.

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Economics

Nigeria's Non-Oil Sector: A Path to Sustainable Growth

For decades, the Nigerian economy has relied heavily on oil as its primary source of revenue. Nigeria’s oil accounts for 80 percent of the country's revenue and foreign exchange gains.

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infrastructure

Corruption’s Footprint on Infrastructure in Nigeria

Corruption in Nigeria has harmed a significant aspect of its infrastructural growth and development. With a score of 25 in the 2023 Transparency Index, Nigeria ranked 145 out of 180.

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politics and policy

A Case for Disability Access to Public Infrastructure in Nigeria

A 2023 report by the WHO highlighted that 1 in 6 people in the world currently live with one form of disability. These individuals bear the brunt of inaccessibility to public infrastructure 15 times more than people without disabilities.

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Economics

Why the CBN is Losing Its Fight Against Inflation (II)

The first part of this insight highlighted the strategies that the CBN was employing in its fight against inflation and their limitations. The second part will focus on an analysis of the components of Nigeria’s inflation and the factors influencing.......

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Economics

Why the CBN is Losing Its Fight Against Inflation (I)

What is Inflation? Inflation, as you have probably heard, is a situation where too much money is chasing too few goods. However, that only tells one part of the story.

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education

Engendering Vocational Education in Nigeria: Risks and Mitigation

Vocational education is a system of education that prepares students for a career in a hands-on or practical way.

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technology and innovation

How The Nigerian Tech Industry Performed in Q1 of 2024: Funding and Growth Areas

From January to March (Q1) of 2024, the African tech sector received a total funding (equity, debts, and grants) of $466 million. 35% of which went to startups in Nigeria. Moove, a Transport Tech startup, accounts for two-thirds of this sum

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technology and innovation

Copy-Paste or Craft Anew? How Developing Countries Can Adapt Data Protection Laws from the West

According to a report by Positive Technologies, the number of successful cyberattacks globally has more than doubled in the past five (5) years.

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politics and policy

Tinubu’s One-year Scorecard: A Case of Renewed or Shattered Hopes?

Elections come and go, but their outcomes play a significant role in shaping the trajectory of a nation, both politically and economically, at least for the tenure of the elected.

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education

Endowment Funds: An Option for University Financing in Nigeria

Following the establishment of Nigeria’s first institution of higher learning in 1948, enrollment in public universities and the number of federal and state universities in the country have increased.

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Economics

Shrinkflation: Why Nigeria Must Prioritise Child Health

Shrinkflation occurs when the price of a product stays the same, but its size gets smaller.

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energy and natural resources

We Have a Crude Oil Theft Problem

Nigeria’s oil production output fell to 1.322 million barrels per day in February 2024 from 1.427 barrels in January 2024 as the country struggles to meet its Organisation of Petroleum Exporting Countries (OPEC) quota.

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energy and natural resources

Navigating Nigeria's Oil Sector Transformation: Strategies for the NNPCL's Profitability and Growth

Oil production in Nigeria began in the late 1950s. Its exploration was made available to foreign corporations in the following decade, and the industry grew steadily to become a global behemoth.

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infrastructure

Gender Bias in Housing Access

Gender-based discrimination still exists in several aspects of Nigerian society. From spheres such as employment and education to political representation and resource access, Nigerian women are passed over for their male colleagues on the basis of sex.

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politics and policy

How Much Data Does Policy Making in Nigeria Need?

Data-driven decision-making has become a vital discussion in policymaking. To formulate policies that are both effective and influential, policymakers require access to data that is precise, dependable, and exhaustive.

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technology and innovation

AI in Africa: Adoption Challenges, Impact, and Growth Opportunities

In a talk she gave at a BetaNYC conference, Reshma Saujani, founder of Girls Who Code, said, ‘There are always moments in technology where when a new technology came out, we had a lot of fear about the change that was going to come.

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business and finance

Explaining the Ongoing Nigerian Exchange (NGX) Boom

Exchanges are platforms where securities, stocks, bonds, and other financial instruments are traded.

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education

Historicising the Development of Technical Education and the Need for Curriculum Reform in Nigeria

The history of technical education lies in the evolution of vocational education.

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infrastructure

Nigeria's Urban Water Provision Crisis

Forty-nine years ago, the late Afrobeats legend, Fela Anikulapo Kuti released the album, Expensive S**t.

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politics and policy

Learning Poverty: Policy Gap and Pathways to Progress

Reading and comprehending are crucial to learning and academic progress in young children.

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education

Education Crises Limit Nigeria’s Growth Potentials

According to the World Bank (2023a), Nigeria’s gross domestic product (GDP) has grown by an average of around 2% in the last decade.

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energy and natural resources

CCS AND HYDROGEN: A Dynamic Duo for Nigeria’s Energy Transition

Compelled by the grim realities of global warming, nations all over the world have sought ways to reduce greenhouse gas emissions.

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politics and policy

How to Make the Nigeria Startup Act Work

Nigeria is a recognised powerhouse in the African tech ecosystem. It is firmly established as “one of the “big four” startup ecosystems in Africa alongside South Africa, Kenya and Egypt,” says a report by Disrupt Africa.

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energy and natural resources

Scoping Nigeria's Revenue Losses from Crude Oil Theft

Nigeria's oil sector is mired in a dispute between two major groups: the federal government, which supervises the industry, and the smugglers, who steal billions of dollars in oil.

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infrastructure

Rethinking Infrastructure Financing in Nigeria

Infrastructure spending as a proportion of Gross Domestic Product (GDP) is a crucial indicator of an economy's long-term prospects. Economists worldwide recognise it as a critical driver of short-term growth.

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technology and innovation

Women’s Health Tech: An Untapped Market in Africa

Despite making up half of the human population, women’s health remains under-researched and underfunded globally. The situation is worse in Africa. Despite a recent boom in fintech startups on the continent,

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energy and natural resources

Building a Carbon Credit Industry in Nigeria

As leaders worldwide have observed the harmful effects of greenhouse gas emissions on the atmosphere in recent years, the focus has gradually shifted towards the quest for clean and renewable energy.

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politics and policy

A Data-Driven Argument for State Police in Nigeria

In a bizarre turn of events, Nigerians awoke to a surreal scene post-Valentine's Day in 2024. The government initiated a program to seal shops accused of exacerbating the dire cost-of-living crisis.

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politics and policy

The Kidnap For Ransom Industry In Nigeria: A Breakdown

In January 2024, Nabeeha Al-Kadriyah, her fathers and four sisters were abducted from their home in Abuja, Nigeria’s capital. Despite attempts to negotiate a ransom after her father’s release

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infrastructure

Unveiling the Abysmal State of Nigeria’s Public Housing System

Housing, a fundamental human right, is the cornerstone of a society’s well-being and economic development. Nigeria, home to about 224.6 million people with an annual growth rate of 2.38 percent

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politics and policy

Lagos State Single Use Plastic Ban: Rethinking Nigeria's Policy Environment

Over the past few decades, the manufacturing and use of plastics have been identified as responsible for several environmental concerns ranging from the pollution of water bodies, poisoning of waterways with carcinogens, and littering.

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energy and natural resources

Wind Energy as A Carbon Capture Mechanism in Nigeria

In the current era of digitalisation and technology, resource development depends on energy access. With the 2030 Sustainable Development Goal (SDG) 7–Clean and affordable energy–in view

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education

Harnessing Edtech for Innovation and Transformation in Nigeria

Educational technology (EdTech) refers to the utilization of technology in education. It involves incorporating learning management systems (LMS)

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education

Student Loan Policy: A Socio-Economic Overview

The United Nations Educational, Scientific and Cultural Organization (UNESCO) Convention held on 14 December 1960 included education as a fundamental human right.

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Economics

Understanding The Dynamics Of Inflation In Nigeria

Nigeria has a history of grappling with rising prices, marked by significant spikes in inflation rates. In the 1990s, inflation soared to 57.03% in 1994 and 72.83% in 1995.

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