Rumors of French Military Base in Nigeria Debunked by PRNigeria Factcheck In a recent social media stir, claims emerged suggesting that a French military base had been established in Nigeria, specifically aimed at combating Boko Haram insurgents at the request of President Bola Ahmed Tinubu. The...

Manufacturing Sector's GDP Contribution Drops in Q3'24   Nigeria's manufacturing sector experienced a decline in its contribution to the country's GDP in Q3 2024, according to a report by the Manufacturers Association of Nigeria (MAN). MAN in its Quarterly Economic Report for 3rd Quarter of 2024, also...

Economic Confidential Stands by Report on RMAFC's Opposition to Tinubu's Tax Reform Bills, Publishes Full Memorandum The Economic Confidential has reaffirmed the accuracy of its report detailing the Revenue Mobilisation Allocation and Fiscal Commission’s (RMAFC) opposition to aspects of President Bola Tinubu's Tax Reform Bills....

Tinubu, Oyedele Opposed Buhari’s VAT Increase Plan, PRNigeria Confirms Amid the ongoing debate surrounding the Tax Reform Bill 2024, a fact-check by PRNigeria has confirmed that President Bola Ahmed Tinubu and Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, previously...

Nigeria’s manufacturing sector experienced a staggering decline in growth, as its year-on-year (YoY) nominal GDP

Inflation Rate Rises to 33.88% in October Nigeria’s headline inflation rate increased to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage point month-on-month increase. This was contained in the National Bureau of Statistics (NBS) Consumer Price Index (CPI) report released...