HomeFacts & Figures

Facts & Figures

JUST IN: CBN Holds Benchmark Interest Rate at 27%

The Monetary Policy Committee of the Central Bank of Nigeria has retained the benchmark interest rate at 27 per cent, extending its pause on monetary tightening.

FACT-CHECK: Naval Officer in Wike Altercation Not Son of Ex-Army Spokesman, Raised in Rivers

FACT-CHECK: Naval Officer in Wike Altercation Not Son of Ex-Army Spokesman, Raised in Rivers The naval officer involved in the recent heated confrontation with FCT Minister Nyesom Wike was raised in Rivers State, where the Minister previously served as Governor, according to a PRNigeria fact-check....

PRNigeria Factcheck Debunks Viral Claim Linking A.A. Rano to Lebanese Woman

PRNigeria Factcheck Debunks Viral Claim Linking A.A. Rano to Lebanese Woman A viral video showing a distressed Lebanese woman accusing her husband of abandonment has been falsely attributed to prominent Kano businessman Auwalu Abdullahi Rano, according to a fact-check investigation by PRNigeria. The widely circulated video, which...

Nigeria’s Intra-Africa Trade Increases by N610bn

Nigeria’s trade with other African countries grew by N610bn in the first half of 2025, with fresh figures from the National Bureau of Statistics

Nigeria Spends N804bn on Arms Imports, Experts Urge Domestic Production

Nigeria Spends N804bn on Arms Imports, Experts Urge Domestic Production   Nigeria spent N804.10bn on arms and ammunition imports between 2020 and the second quarter of 2025, according to data obtained from the National Bureau of Statistics (NBS). Despite moves by the government to expand domestic production,...

NBS Announces 4.23% Economic Growth in Q2 2025

Nigeria’s Gross Domestic Product rose by 4.23 per cent year-on-year in real terms in the second quarter of 2025, according to the latest figures released on Monday by the National Bureau of Statistics.