Economy

FAAC allocation to federal govt, subnationals decline 8% to  N655.932 in April  

By Onome Amuge The monthly allocation shared by the Federation Account Allocation Committee (FAAC) to the federal, state, and local…

Dakuku Peterside to speak on Nigeria’s leadership role in Africa at 2023 Africa Day celebration

By Business A.M. Dakuku Peterside, a technocrat and columnist, and former director general of Nigerian Maritime Administration and Safety Agency…

Nigeria’s inflation rate soars for 4th straight month to 22.04% in April 2023

By Onome Amuge Nigeria’s inflation rate rose  for the fourth consecutive month in the year and highest in 17 years …

Nigeria’s poverty populace to increase by 13 million between 2019 and 2025, says World Bank

By Cynthia Ezekwe  With Nigeria’s population growth continuing to outpace poverty reduction and persistently high inflation, the number of Nigerians…

Buhari leaves on a ‘high’ as inflation, 9% in May 2015, prints 22% in March 2023

By Onome Amuge President Muhammadu Buhari took over as head of government of Nigeria with inflation at 9.01 percent, but…

Nigeria’s total debt stock rises 14% to N46.25trn in 2022

By Business A.M. Nigeria’s debt stock, comprising the domestic and external debt stocks of the federal government,sub-national governments and the…