Economic hardship: House of Reps members to take 50% salary cut for 6 months
The Members of the House of Representatives have unanimously decided to reduce their salaries by half for a period of ...
Tag: NBS
News and analysis about NBS
Food inflation increases by 13.89%-points one year after Tinubu declares emergency on food security
The state of emergency declaration on food security then follows concerns by the President over the escalating prices of food ...
Nigeria’s month-on-month headline inflation rises first time since February 2024
Nigeria's month-on-month headline inflation rate has risen for the first time since February 2024, according to the latest Consumer Price ...
Nigeria needs to attract quality capital to drive long-term growth – Olusegun Zaccheaus
Olusegun Zaccheaus, Partner and Lead for Strategy in West Africa at PwC, has said that Nigeria needs to focus on ...
FAAC: LGAs get N1.42 trillion in five months in 2024
Local Government Areas (LGAs) in Nigeria got N1.42 trillion from disbursed federal allocations in the first five months of 2024.
FG deducts N120 billion from April revenue as first tranche of Presidential Metering Initiative funding
The Federal Government has set aside N120 billion as the first tranche of the Presidential Metering Initiative (PMI).
Active voice subscriptions fall in 34 states, FCT in Q1 2024 as telecoms bar SIMs not linked with NIN
The total number of active voice subscriptions has declined across 34 states and the Federal Capital Territory (FCT) in the ...
Lagos, Ogun, Kano account for 23% of Nigeria’s mobile subscriptions in Q1 2024 – NBS
The latest telecommunications data released by the National Bureau of Statistics (NBS) has revealed that three states, Lagos, Ogun, and ...
Electricity hike drives up Abuja hotel lodging costs- Hotel owners
The Hotel owners have cited the recent increase in electricity tariffs as a key factor behind the rising costs of ...
Foreign currency loans make up 94% of Nigeria’s capital importation in Q1 2024
Debt instruments dominate capital importation into Nigeria in the first quarter of 2024, making up 94% of inflows.
