GLOBALINFO

The Nigerian Armed Forces has issued a nationwide security alert, warning citizens to remain vigilant during the festive period over possible attacks by terrorist groups. According to the military, there are indications that Boko Haram and Islamic State West Africa Province (ISWAP) may attempt isolated attacks targeting civilians and public locations during the celebrations. Authorities urged Nigerians to stay alert, avoid suspicious gatherings or movements, and immediately report unusual activities to security agencies. The warning comes amid ongoing counterterrorism operations in parts of northern Nigeria and growing concerns about threats to public safety during major festive gatherings. Security agencies also reassured citizens that measures have been intensified across strategic locations, including markets, worship centers, transport hubs, and recreational areas, to prevent possible attacks. The military emphasized the importance of public cooperation, intelligence sh...

Nigeria has been ranked as the third-largest borrower from the World Bank, with total debt estimated at about $18.5 billion. The report highlights Nigeria’s rising exposure to external borrowing, raising renewed concerns about the country’s debt sustainability and fiscal management. According to available data, the loans are largely tied to development projects, infrastructure funding, social intervention programs, and economic reform support. However, the figure has sparked debate among economists and citizens, with many questioning whether the borrowed funds are translating into visible improvements in living standards, job creation, and national infrastructure. Financial analysts warn that while external borrowing can support development, excessive reliance on debt may increase repayment pressure and limit fiscal flexibility in the long term. The development adds to ongoing conversations about Nigeria’s economic direction, inflation challenges, and efforts to stabilize p...