Nigeria’s inflation rate rises to 15.63%, first increase in eight months
INFLATION rate in Nigeria has increased to 15.63 per cent in December 2021 from 15.4 per cent recorded in November of the same year,...
Budget padding: Buhari fumes as National Assembly alters 2022 budget
PRESIDENT Muhammadu Buhari has accused the National Assembly of altering the 2022 budget proposal without ‘apparent justification’ and explanation.
The President, on Friday, had signed...
Nigeria, South Africa, Egypt constitute half of Africa’s $2.7trn economy
In 2021, the economies of three countries – Nigeria, South Africa, and Egypt - make up about half of Africa’s economic output measured by...
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Fashola’s ministry violates FOI law, fails to release contract details of Anambra projects
The Federal Ministry of Works and Housing under the leadership of Babatunde Fashola (SAN) has violated the Freedom of Information (FOI) law by refusing...
Food prices on the increase despite inflation dropping to 16.63% in September
THE Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Friday revealed that inflation rate, which measures the price of...
Buhari’s govt pays ex-militants N2.63bn as stipends in two months, data reveal
THE President Muhammadu Buhari's government, through the Office of the Special Assistant to the President on Niger Delta Affairs, paid the sum of N2.63...
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Manufacturers, traders, transporters driving Nigeria’s growth -NBS data
THE Gross Domestic Product (GDP) data for the second quarter (Q2) of 2020 released by the National Bureau of Statistics (NBS) on Thursday showed...
Fact-checking claims that herbal solutions prevent, cure COVID-19
SINCE the outbreak of COVID-19 in Nigeria, many herbal solutions have been recommended for the prevention and treatment of the infection.
However, fact-checks have shown...
Each Nigerian owes N157,906 as debt stock rises to N33.1trn
EVERY Nigerian currently owes about N157,906.30 in terms of debt per capita as the country’s total public debt hits N33.1 trillion at the end...
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