Diversification: Dangote refinery may be Nigeria’s most impactful in the short term
Despite the existence of four refineries, a working Dangote Refinery may be Nigeria’s most impactful diversification.
Tag: Nigerian Economy
Prices of tomatoes, onions, pepper, others spikes across markets in Lagos
The latest food price survey reveals that major food items skyrocketed in Lagos State markets in June 2021 .
Sesamum seed, cocoa, cashew nuts top Nigeria’s agricultural exports in Q1 2021
Although crude oil accounts for the larger part of Nigeria's export earnings with 66.38%, agriculture still remains the base of ...
Nigeria’s inflation rate drops further to 17.93% in May 2021
Nigeria's inflation rate drops for the second consecutive month to 17.93%.
Nigeria’s GDP grows marginally by 0.51% in Q1 2021
Nigeria's Gross Domestic Product grew by 0.51% (year-on-year) in real terms in the first quarter of 2021.
Nigeria’s VAT collection surges to N496.4 billion in Q1 2021
Nigeria's VAT collection surged by 52.93% (year-on-year) to stand at N496.4 billion in Q1 2021.
Motorcycle “Okada” fare in Nigeria surges by 102.5% in March 2021
Specifically, the average fare increased from N134.07 recorded in March 2020 to N271.44 in March 2021.
Covid: Nigeria records lowest number of daily cases in over 1 year
NCDC announced 26 new cases on Sunday, 18th April 2021, as Nigeria's pandemic curve flattens
Cost of preparing jollof rice in Nigeria rises by 7.8% in Q1 2021 – SBM
The average cost of making a pot of jollof rice in Nigeria rose by 7.8% between March 2020 and March ...
Nigerians spent N13.9 trillion on household consumption in Q4 2020, an increase of 16.6%
Household consumption expenditure of Nigerians rose by 16.59% in Q4 2020 to stand at N13.92 trillion.
