The average fare paid by Nigerian commuters for a bus journey intra-city spiked by 68.82% from N190.86 recorded in October 2019 to N322.22 in October 2020
The latest report released by the NBS has shown that the average price for refilling a cylinder of cooking Gas decreased in October.
To truly diversify from oil and create proper value, agriculture must give birth to an industry.
Nigeria's unemployment rate as at the second quarter of 2020 is 27.1% meaning about 21.7 million Nigerians remain unemployed.
A better approach will be to direct its limited funds into the development of key sectors.
The Food index was up 14bps to 15.18%, the highest level since March 2018.
Further disaggregation of Nigeria's total public debt showed that N9.99trn or 34.89% of the debt was external.
The report showed that 33 states, including Abuja, recorded positive growth in revenue, while 4 states generated less in 2019 compared to 2018.
Data from the National Bureau of Statistics (NBS) reveal that Nigeria’s inflation rate increased by 12.34% (year-on-year) in April 2020. This is 0.08% higher than the...
We attribute the low level of disposable income to high unemployment rates and declining job opportunities in the formal sector.