Many Nigerians have become complacent against the dreaded Covid-19 disease in recent months, particularly in public places, but data reveal there is need to remain very...
More Nigerians who have lost their jobs are turning to their pension funds to help them weather the current economic downturn. Data obtained from the National...
Despite the fact that pastoralism has lately become a big subject in the news, with reports of communal clashes and loss of lives, data show Nigeria’s...
A recent report released by the Debt Management Office (DMO) shows that total domestic debt of Nigerian states reduced in the first three months by N63.05...
It is over a year the Federal Ministry of Health announced the first COVID-19 case in Lagos State, on 27 February 2020, when an Italian citizen...
Nigerian state governors are in a difficult position and far from fiscal sustainability as a result of decreasing revenue from the federal account. As a result,...
Thursday, May 27 was marked as World Children’s Day but concerns continue to mount over the educational future of children born into the Nigerian space. Every...
How low will the Nigerian naira go against the US dollar, and what does the future hold? These and other concerns are on the minds of...
New data from National Oil Spill Detection and Response Agency (NOSDRA) has revealed that 17,262 barrels of oil were spilled into the environment in 2020. Measured...
The number of Nigerians fleeing their homes due to conflict and violence is at a record high and now represents over one percent of Nigeria’s population....
Monday, May 3, was United Nation’s World Press Freedom Day but for a Nigerian journalist, it is a chilling reminder of threats they face practicing the...
From north to east, south to west, the Nigerian media was inundated with events of kidnapping, killings, and ethnic clashes. While some of the events occurred...
On Wednesday, the senate gave a go-ahead to the Federal government to borrow another $1.5 billion and 995 million euros from World Bank, the Export-Import Bank...
The increase of women in Nigerian prisons has far surpassed the growth of male prisoners in the last 20 years. This is according to data from...
The Central Bank of Nigeria (CBN) said on Thursday, that it is considering adding sugar and wheat on its FX restriction list, pushing the total number...
The continuous face off between Nigeria National Petroleum Corporation (NNPC), oil companies and host communities came at a huge cost for Nigeria’s oil revenue in 2020....
Nigeria’s national oil company, the Nigerian National Petroleum Corporation (NNPC), has several subsidiaries, two partly owned subsidiaries and 16 associated companies. Among these subsidiaries are Duke...
On Tuesday, March 30, 2021, Nigeria’s President Muhammadu Buhari, again, proceeded to London, the United Kingdom, for a routine medical check-up. The latest marks the seventh...
The salaries of employed Nigerians have been eroded by a weaker Naira and rising inflation, over the last two years, dashing the hopes of a comfortable...
According to official figures obtained from the Debt Management Office, the six geopolitical zones of the country currently have a total states domestic debt of N4.18...
Unemployment rate rose to 33.3 percent in the fourth quarter of 2020, a 6.2% point increase compared to 27.1% recorded as at second quarter 2020 the National Bureau of Statistics (NBS) said in its labour statistics...
The Central bank of Nigeria (CBN) has revealed, that Nigeria paid off $5.76 billion as external debt service from January to December in 2020, this is...
Kidnapping has become somewhat an extraordinarily lucrative enterprise in Nigeria. Between January and February, kidnappers abducted over 897 persons across the country, demanding over N451 million....
On Thursday, the National Bureau of Statistics (NBS) released Nigeria’s Gross Domestic report to show how the economy had fared in 2020. While some sectors recorded...
Life is getting tougher for Nigerians, and for a breadwinner on N30,000 minimum wage, the hardship is clearly tougher. On Tuesday, Inflation hit 16.47 percent, the...
Ten Nigerian banks lend N14.36 trillion to retail and corporate customers in nine months 2020, with nine banks increasing their loans to both segment of customers,...
The National Bureau of Statistics (NBS) on Friday last week, revealed that Nigeria’s Foreign Direct Investment (FDI) recorded a drop by 59.65 percent in 2020 to...
From 2015 to 2020, the Federal government of Nigeria under the administration of President Muhammadu Buhari accumulated over N22.52 trillion in fiscal deficits. This is according...
Nigeria made about N14.43 trillion from Value Added Tax (VAT) and Company Income Tax (CIT) in six years from 2015-2020, an analysis of data published today...
A review of 2021 approved budget indicates that Nigeria may be spending just a little over N200 for the healthcare of each citizen. At a time...
In 2020, Nigeria spent N3.2 trillion paying its debt. The Minister for Finance, Zainab Ahmed disclosed this during a public presentation of the 2021 FGN approved...
To say Nigeria’s National Assembly is expensive is no news, but the disparity to the harsh reality of over 200 million Nigerians is quite baffling. In...
The 2021 federal budget passed by the National Assembly has been signed into law by President Muhammadu Buhari. President Buhari signed the Appropriation Bill of N13,588,027,886,175...
Even with a consistent decline in the last three years, Nigeria’s non-performing loans ratio is still one of the highest among peers in Africa at 10th...
In the last four years, the amount spent by Nigeria, Africa’s largest economy, on importation of used vehicles, popularly known as ‘Tokunbo’, has risen by 983.3%...
It is not yet shopping season but, ahead of Christmas, preparing Nigerians favorite delicacy during festive periods- Jellof rice- will cost families 54.9% more than it...
One hundred and twelve (112) Ministries, Departments and Agencies (MDAs) have requested N21 billion for computer software acquisition in the 2021 budget, pushing Nigeria’s total spend...
By 2021, total money paid as rent for Aso Rock residential quarters will exceed N400 million as questions remain on who the mystery landlord is. The...
Holiday season is coming at the worst possible time for millions of Nigerians. Already, it’s been an economic calendar to forget and things look like they’ll...
As the Nigerian government ponders over where to borrow its next loan, in few weeks, another round of external debt repayment for matured loans put at ...
The new police outfit, Special Weapons and Tactics Team (SWAT) will come at an estimated cost of N6.8 million for new uniforms for the 1,220 officers...
Three State governors established almost N1bn compensation fund 116 petitions received in six states Nigerians will be counting on 275 judiciary panels of inquiry members set...
The Ripples Nigeria poll, published October 5, 2020, ahead of the Ondo State governorship election, scored a near perfect prediction of a win for incumbent Governor...
The Nigerian government will next year spend 21% more than it did in 2020, according to its spending plan for 2021. Debt service will be higher by 6%...