As the Federal government concludes the arrangement to take another $950 million loan from international investors, updated data from the Central Bank of Nigeria have revealed...
Despite working in the biggest economy in Africa, Nigerian workers minimum wage is one of the lowest in Africa. Data from Statista show Nigeria’s economy was...
The 2023 general elections are set to be Nigeria’s most expensive polls in history. The Independent National Electoral Commission (INEC) has earmarked to spend N239 billion...
Christians around the world are today in a celebratory mood on the death, resurrection and ascension of Jesus Christ. The celebration, which is marked with feast...
One of the promises of the administration of President Muhammadu Buhari at the time it came to power was to fix Nigeria’s electricity problem. Specifically, Nigerians...
States are going through a difficult period. Forget the politics of attempting to get power, being at the helm of affairs is more difficult; that is,...
Nigeria continues to have serious revenue shortages as some unknown persons smile to the bank. For years, crude oil theft and pipeline vandalism have been a...
Ask a 10-year-old typical Nigerian football lover his dream football player, the answer is simple, Lionel Messi of Argentina or Cristiano Ronaldo of Portugal. But why?...
Debt servicing has continued to constitute a major setback for the Nigerian economy as the Central Bank of Nigeria (CBN) has, once again, been forced to...
Thursday, February 17 can be correctly regarded as data day. Four separate data sets were released by the National Bureau of Statistics (NBS). These include the...
The population of Nigeria has increased by 15.9 million in four years with the northern regions accounting for 68.67% of the new population. This is based...
In four years, no fewer than 5,229 Nigerians have been reported as victims of human trafficking. Out of this number, children between the age of 1-...
Today, Saturday, 22nd January, marks 492 days to the end of President Muhammadu Buhari’s administration. Given past trends, the run up to who will replace him...
In the last six years, attracting investment inflows into the country has become one of prayers and hope. State governors who badly need these investments to...
The Nigerian economy recorded some major events that shaped the out-going year. There were few bright spots as well as events that many Nigerians would want...
Last Monday, the Debt Management Office (DMO) revealed that Nigeria’s total public debt rose to N38.005 trillion as at September 30, 2021. DMO in a document...
Despite stringent measures taken by the present administration to stop the importation of rice, Nigeria continues to rely on imports to meet local demands. According to...
The Nigerian economy started 2021 with much exuberance, having recovered from the second recession under the present administration in the fourth quarter of 2020. After the...
Nigeria is not just one of the costliest countries to hold elections in, but it is also one of the most wasteful. Every four years, Nigerians...
Anambra State elections have been a source of excitement for locals for many years, as it is a time for the rich to flaunt their wealth....
President Muhammadu Buhari on Thursday submitted Nigeria’s 2022 appropriation bill to federal legislators. The N16.39 trillion budget is dubbed the “Budget of Economic Growth and Sustainability.”...
On Friday, October 1, Nigeria marked its 61st Independence Day anniversary. It is worth looking back at how far the nation has come and the different...
If you ask any Nigerian student doctor what their plans are after finishing their education, the natural answer will be to leave the country. In fact,...
The move by the Central Bank of Nigeria (CBN) to stop the sale of dollars to Bureau De Change(BDC) operators made headlines in recent weeks. The...
Nigerian States’ struggle to attract investment continued in the second quarter of the year, with only three states recording investments out of 36. According to the...
Despite being Africa’s largest economy, Nigeria’s Gross Domestic Product (GDP) has risen at one of the slowest rates among Sub-Saharan African countries during the past six...
With 16.6 million individuals registered in the National Social Registry, North West has twice as much the number of poor and vulnerable people in Nigeria. The...
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...
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...
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 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....
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,...
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...
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...