The 2024 Nigeria Residential Energy Demand-Side Survey reveals significant reliance on traditional energy sources like fuelwood and charcoal among households, with only 19.4% using LPG. Electricity access varies widely, while…
The Q1 2024 Nigeria Labour Force Survey reveals a decline in the labour force participation rate to 77.3% and a slight rise in unemployment to 5.3%. Informal employment remains prevalent…
In September 2024, Nigeria’s inflation rate increased to 32.70%, driven mainly by rising food prices at 37.77%. Urban inflation reached 35.13%, while rural inflation stood at 30.49%. Key contributors include…
In Q2 2024, Nigeria attracted $2.60 billion in capital importation, marking a 152.81% increase from Q2 2023, although down 22.85% from Q1 2024. The banking sector led with $1.12 billion,…
In September 2024, Nigeria experienced mixed trends in transport fares. City bus fares rose slightly while significantly decreasing year-on-year. Intercity and air travel fares saw increases, driven by fuel costs…
Nigeria’s forex trading industry has experienced rapid growth, with many individuals earning millions through smart investments and strategic trading in the global currency markets. In this article, we explore the…
Alhaji Abdul-Samad RabiuAlhaji Abdul-Samad Rabiu, Chairman of the BUA Group, said that the company would maintain its promise of selling cement at the price of N3,500 from January 2024. He…
The data on Internally Generated Revenue (IGR) offers a comprehensive understanding of how well-off Nigerian states were financially in 2022, providing insights into the complex economic landscape of the country.…