Governors, UNODC move against sub-national graft
Following the alarming corruption index recently released by the National Bureau of Statistics (NBS), the Nigeria Governors’ Forum (NGF)
Developers explain why they shun commercial banks’ loans
With the global financial crisis tightening its grip on diverse sectors of the international economy, many private developers are refusing to approach commercial banks for estate development loans, leaving the lucrative sector to struggle under low credit funding.
Nigeria’s foreign trade declines to N8.30 trillion
Nigeria’s foreign trade volume fell from N10.12trillion in fourth quarter (Q4) of 2019 to N8.30trillion in Q1 2020, latest report from the National Bureau of Statistics
NBS says 82.9m Nigerians are poor
The National Bureau of Statistics (NBS) says more than 82.9 million Nigerians are poor by national standards. The NBS made this known in its report on Poverty and Inequality in Nigeria 2019, released on Monday.
Import bills, supply chain disruptions to spike inflation further
Nigerians may have to brace for tougher times earlier declared by the nation’s economic managers, once the lockdown is relaxed, as the realities of global supply chain disruptions, pressure on Naira as a result of demand for foreign exchange for the importation of petrol...
Inflation rises to 12.26% in March – NBS
The National Bureau of Statistics (NBS) says Consumer Price Index (CPI), which measures inflation, increased by 12.26 per cent year-on-year in March.
Declaring emergency on youth unemployment
The call the other day by the House of Representatives on the Federal Government to declare emergency on youth unemployment merely reaffirmed the fact that despite the much-talked about efforts...
Brokers prescribe leeway to sustainable market rebound
Worried by the lackluster state of Nigeria’s financial market, stockbrokers under the aegis of the Chartered Institute of Stockbrokers (CIS) have stress the need for the overhaul of the financial market
NERC approves hike in electricity tariff from January
The Nigerian Electricity Regulatory Commission (NERC), has approved an increase in electricity tariff by the 11 Electricity Distribution Companies