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Facts & Figures

Nigeria’s Trade Surplus Hits N6.52 trillion in Q1 2024

Nigeria’s Trade Surplus Hits N6.52 trillion in Q1 2024 Nigeria’s foreign trade statistics report for the first quarter of 2024 reveals a significant trade surplus of N6.52 trillion. This is a significant recovery from the N1.41 trillion trade deficit recorded in the previous quarter (Q4 2023)...

Marine & Blue Economy Reports Q1 Revenue Increase of 92%

The Federal Ministry of Marine and Blue Economy has reported an increase in revenue for the first quarter of 2024, with N242 billion compared to N126 billion recorded in the same period in 2023, indicating an increase of 92 per cent. 

Fact Check: Model of ‘Kaaba’ in Nigeria for Pilgrim Training, Not Replacement for Hajj in Mecca

Fact Check: Model of 'Kaaba' in Nigeria for Pilgrim Training, Not Replacement for Hajj in Mecca Based on the detailed fact check provided by PRNigeria, the claim that a replica of the "Holy Kaaba" in Mecca was built for Muslim pilgrims in Nigeria appears to...

CBN Exempts 16 Items from Cybersecurity Levy…including Salary, Loans, Pension, Donations 

The Central Bank of Nigeria (CBN) has exempted 16 items from 0.5 percent Cybersecurity levy on all electronic transactions.

How NASS Allocated N6.6trn for ‘Unknown Projects’ of 20 Ministries in 2024 Budget

Most of the projects are not within the statutory mandates of the respective ministries or agencies and mostly located outside the operational jurisdictions/locations of the respective organisations.

How NASS Allocated N6.6trn for ‘Unknown Projects’ of 20 Ministries in 2024 Budget

Most of the projects are not within the statutory mandates of the respective ministries or agencies and mostly located outside the operational jurisdictions/locations of the respective organisations.