President Muhammadu Buhari has signed the 2021 Appropriation bill of N13.5 trillion into law.
The IGR generated by the 36 states including the FCT in the first half of the year, dipped by 11.7%.
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...
Nigeria's unemployment rate as at the second quarter of 2020 is 27.1% meaning about 21.7 million Nigerians remain unemployed.
The report also showed that composite food index rose to 15.18% compared to 15.04% recorded in May 2020.
Inflation rate rise to 12.4% in May, 0.06% points higher than 12.34% recorded in April.
The Federation Account Allocation Committee (FAAC) disbursed the sum of N780.93bn to the three tiers of government in April 2020 from the revenue generated in March...
Nigeria’s total foreign trade (import and export) rose marginally by 0.8% year on year, when compared to N8.24 trillion recorded in the corresponding quarter of 2019.
There is no doubt that the COVID-19 pandemic has proven to be a serious challenge to the global economy, Nigeria inclusive.
Data from the National Bureau of Statistics (NBS) reveal that Nigeria’s inflation rate increased by 12.20% (year-on-year) in February 2020. This is 0.07% higher than the...