Nigeria’s annual inflation rate climbed for the first time in three months in September, sparked by a spike in gasoline prices and severe floods in food-producing...
The import bills on used vehicles, popularly known as tokunbo, into Nigeria fell by 83 percent year-on-year, YoY, to N138.62 billion in the first half of...
Airtel Nigeria is taking steps to switch from diesel to solar energy as it seeks a more cost-efficient way to power its telecom infrastructure. Femi Adeniran,...
Nigeria’s economy showed signs of resilience in the second quarter of 2024, with the nation’s real Gross Domestic Product (GDP) growing by 3.19%, a slight increase...
National Bureau of Statistics (NBS) says Nigeria’s inflation rate declined to 33.4 percent in July, below the 34.2 percent reported in June. This is the first...
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has revealed that Nigeria currently spends $600 million each month on fuel imports. Edun attributed...
Nigeria’s annual inflation rate increased for the fifth consecutive month to 34.19 per cent as Nigerians battle with high living crisis. According to the National Bureau...
At least N87 million bribes were paid to Nigerian public and private officials in 2023, according to data from National Bureau of Statistics (NBS). NBS data...
National Bureau of Statistics (NBS) has revealed that electricity distribution companies (DisCos) in Nigeria made a total of N291.62 billion in the first quarter (Q1) of...
By Lere Ojedokun A secure environment is essential for political, economic and social activities to flourish in every society. It enables the government to focus on...
