Fact-Check: Did National Church Leaders Pay Solidarity Visit to APC’s Vice Presidential Candidate, Kashim Shettima? Claim: Some users on a Facebook open group, Tinubu Media Team, published a claim that National Church Leaders paid a solidarity visit to congratulate Senator Kashim Shettima on his emergence...

Foreign Investments Into Nigeria Declines By $6.91bn — NBS   The National Bureau of Statistics, NBS, has said foreign investments into Nigeria had declined by 81.46 per cent ($6.91bn) from $8.49bn in the first quarter of 2019 to $1.57billion in the corresponding quarter of 2022. The bureau...

Why Reps Probe 5-Year Fuel Subsidy, Allege N2.9tr Diversion The House of Representatives has set up an ad hoc committee to investigate the petroleum products subsidy regime from 2017 to 2021. The committee is also to query an alleged $7 billion (about N2.905 trillion) oil...

All-commodity Terms Of Trade Drops By 0.14% in Q1, 2022   The National Bureau of Statistics (NBS) said that the All-commodity Terms of Trade (TOT) index fell by 0.14 per cent in the first quarter of 2022 (Q1 ’22). This represents a 0.11 percentage point quarter-on-quarter (QoQ)...

Nigerian Insurance Sector Records 15.68% Growth In Q1, 2022     The Nigerian insurance sector grew by 15.68 per cent in the first quarter of the 2022 financial period, according to figures obtained from the National Bureau of Statistics (NBS) on the country’s Gross Domestic Product. The statement...

Water Transportation Fare Drops To N890.03 In March   The National Bureau of Statistics has said the average fare paid for water transport in March 2022 was N890.03, a 2.53 per cent decrease, month-on-month, from N 913.13 in February 2022. According to the NBB, water transport fares...