Is Nigeria's security challenge intractable?
Many businesses have wound down due to these ceaseless kidnappings, banditry and insurgency and many IDPs have lost their means of livelihood
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Many businesses have wound down due to these ceaseless kidnappings, banditry and insurgency and many IDPs have lost their means of livelihood
Within the past week, Boko Haram insurgents and bandits have successfully abducted over 404 Nigerians across three North-East and North-West states.
Nigerian currency, Naira has recovered against the United States’ dollar after last week slump, according to the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official exchange rate window. The naira recovered from N837.77/$1, on Monday, to N806.73/$1, on Tuesday, after it slumped to N927.19/$1 on Friday, December 1, 2023 at the official market.
This is as crude oil revenue surged by 83.23 per cent to N8.54tn in the quarter under review. In the third quarter of 2022, total crude oil sales amounted to N4.66tn.
Nigeria's total exports in the third quarter of 2023 increased by 60.78 per cent, valued at N10,346.60 billion, as the country's total trade stood at