Nigeria’s rail revenue rises as passengers pick safer option
Nigeria's revenue from rail transport rose in the second quarter of 2021 as against the first quarter, with passengers preferring safer and faster means...
Inflation rate drops further to 17.75% in June, but Nigerians can’t buy food
“...NBS says food prices continued to rise in June but at a slower pace than in May 2021.”
FG, states, local govts share N606bn as federal allocation in May
THE federal, state and local governments in Nigeria shared a total of N605.95 billion in May. Director of Information at the Ministry of Finance, Budget...
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Food prices remain high despite drop in inflation rate to 17.93%
THE Consumer Price Index (CPI) released by the National Bureau of Statistics (NBS) on Tuesday revealed that food prices in Nigeria remained unaffordable despite a...
Nigeria generates N496.39bn as VAT in Q1, 2021
BETWEEN January and March, 2021, Nigeria generated N496.39 billion as value added tax (VAT) across the country, data from the National Bureau of Statistics...
Nigerians await fate of 16 kidnapped Greenfield University students
TENSION continued on Tuesday as Nigerians awaited the fate of 16 remaining Greenfield University kidnapped from Kaduna State. Hours after kidnappers of Greenfield University students threatened to kill the abducted students if...
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South-South, North-West receive largest chunk of N619bn FAAC allocation in January
IN January 2021, the Federation Account Allocation Committee (FAAC) disbursed the sum of N619.3 billion to the three government tiers from the revenue generated...
Poverty deepens in Nigeria as inflation jumps to 16.47%, highest in 34 months
NIGERIA’S January (2021) inflation rate peaked at 16.47 percent, from 15.75 percent reported in December 2020, data on the Consumer Price Index (CPI) released...
Delta, Akwa Ibom get lion’s share as states receive N2.29trn federal allocation in 2020
IN 2020, 36 states of the federation and the Federal Capital Territory (FCT) shared 2.29 trillion naira as federal allocation, data from the National...
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