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...
![[RipplesMetrics] In Visuals, analysis of the domestic debt profile of Nigerian States](https://i2.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/06/region-updated-1.jpg?resize=400%2C240&ssl=1)
![[RipplesMetrics] In Visuals, analysis of the domestic debt profile of Nigerian States](https://i2.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/06/region-updated-1.jpg?resize=80%2C80&ssl=1)
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...
![[RipplesMetrics] How MDAs spent covid-19 emergency billions on canopies, chairs, laptops, others](https://i1.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/06/expenditures.jpg?resize=400%2C240&ssl=1)
![[RipplesMetrics] How MDAs spent covid-19 emergency billions on canopies, chairs, laptops, others](https://i1.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/06/expenditures.jpg?resize=80%2C80&ssl=1)
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...
![[Ripplesmetrics] Governors face tough decisions, as only 3 Nigerian states can generate up to 50% of their running costs](https://i0.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/06/SHARE-STATES-UPDATED.jpg?resize=400%2C240&ssl=1)
![[Ripplesmetrics] Governors face tough decisions, as only 3 Nigerian states can generate up to 50% of their running costs](https://i0.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/06/SHARE-STATES-UPDATED.jpg?resize=80%2C80&ssl=1)
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,...
![[RipplesMetrics] Data reveal 5 out every 10 classrooms unfit for learning as Nigeria marks Children’s Day](https://i0.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/05/classroom.jpg?resize=400%2C240&ssl=1)
![[RipplesMetrics] Data reveal 5 out every 10 classrooms unfit for learning as Nigeria marks Children’s Day](https://i0.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/05/classroom.jpg?resize=80%2C80&ssl=1)
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...
![[RipplesMetrics] Naira Falls By 324% Since 1999, What Does The Future Hold?](https://i0.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/05/delcine-updated.jpg?resize=400%2C240&ssl=1)
![[RipplesMetrics] Naira Falls By 324% Since 1999, What Does The Future Hold?](https://i0.wp.com/www.ripplesnigeria.com/wp-content/uploads/2021/05/delcine-updated.jpg?resize=80%2C80&ssl=1)
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...
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...
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...
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...
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...
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...
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...
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%...
