World News

Nigeria Ranks I52 in UN’s Development Index

Nigeria has been ranked 152 out of 187 countries in the 2014 Human Development Index Report of the United Nations Development Programme (UNDP). The report, which placed Nigeria among countries with Low Human Development, was released on Monday. It said the disparity between economic growth in the country and welfare […]

Nigeria’s external debt rises to $9.38bn – DMO

The nation’s foreign debt has risen by 40 per cent to $9.38bn, up from $6.7bn recorded last year, according to the latest data from the Debt Management Office. The DMO said on Tuesday that local debt component of the total national debt was currently at N8.9tn ($48n), up by 37.1 […]