Data for September showed that headline inflation in Nigeria rose for the thirteenth consecutive month to a 30-month high.
Nigeria's inflation rate has risen to 13.71% as prices jump in almost every sector.
Many households have had to take out loans to meet their pressing financial obligations due to the effects of the COVID-19 pandemic.
According to the survey, loans taken since mid-March have been predominately informal in nature.
As Nigeria marks her independence anniversary, it is imperative to Xray how the economy has performed in the past decades.
The National Business Sample Census is expected to commence on October 12 2020, and end on December 12 2020.
The report showed that the highest numbers of cases were reported in the North Central region.
Nigeria’s inflation rate rose by 12.82% (year-on-year) in July, compared to 12.56% recorded in June 2020. This is the highest rate recorded in 27 months since...
According to NBS, 75.1% of the total employable people in Imo State are either underemployed or unemployed.
Here is the breakdown of Nigeria’s top agricultural exports and top destination countries.