Month: April 2024

Insecurity Update: Nigeria – April 2024

Insecurity Update: Nigeria – April 2024 The month of April 2024 has seen a continuation and escalation of insecurity issues across various regions in Nigeria. This report consolidates recent incidents of violence including killings, abductions, and military engagements, providing an overview of the gravity and spread of security challenges currently facing the nation. Major Incidents: …

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Security Update: Nigeria April 2024

Security Update: Nigeria April 2024 πŸ”΄ Plateau State: Bokkos & Mangu LGAs: Tragic incidents on April 12 saw 10 lives lost as gunmen targeted Mandung-Mushu and Kopnanle villages. Properties were destroyed and residents killed under the cover of darkness. Military Response: The Nigerian Army has addressed allegations of misconduct, denying claims that troops shot civilians. …

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Predicting bank loan defaults using the ID3 (Iterative Dichotomiser 3) algorithm

Predicting bank loan defaults using the ID3 (Iterative Dichotomiser 3) algorithm 1.0 Dataset Understanding First, we create a hypothetical dataset of ten records with the following features that might influence loan defaulting: Age (Young, Middle-aged, Old), Income (Low, Medium, High), Credit Score (Low, High), and the target variable Loan Default (Yes, No). ID AGE INCOME …

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Nigeria’s Economic Pulse – March 2024 Update πŸ‡³πŸ‡¬πŸ’Ή

Nigeria’s Economic Pulse – March 2024 Update πŸ‡³πŸ‡¬πŸ’Ή πŸ“‰ Exchange Rate Evolution: A significant turn as the Naira witnesses a depreciation against the US dollar, roughly around 41% in the official market, and about 30% in parallel markets. This reflects the depth of the exchange rate adjustments as part of broader reforms. πŸ“ˆ Inflation Insights: …

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Security Update: Nigeria – Government Actions and Observations on Recent Improvements

Security Update: Nigeria – Government Actions and Observations on Recent Improvements   April 2024 saw distressing security incidents in Nigeria, but also steps by the government towards mitigation and improvement in the nation’s security and economic landscape. Government’s Response to Kogi State Violence: Following the devastating attack in Agojeju Odo and Abejukolo, Kogi State, where …

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Security Update: NIGERIA

Security Update: NIGERIA Recent Developments In a significant and positive development, the children abducted from a school in Kuriga, Nigeria, have been freed. This resolution marks a critical moment in the ongoing efforts to address the security challenges plaguing the nation, particularly the disturbing trend of mass abductions targeting educational institutions. Incident Overview The abduction, …

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