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...

GandujeRoadGate: Three Years after Approval of N381m for 1KM Abandoned Road, Stonegate Denies Receiving Money …… Payment Voucher of N49m Raised …… Company is Registered, we only Changed Name, Says Contractor From Usman Bello Balarabe Further developments, claims and counterclaims have continued to trail last week’s report...

Nigeria Tops 169 Countries In Global Internet Poverty Index   Nigeria has the largest number of Internet poor people in the world, according to the Internet Poverty Index by the World Data Lab. According to the index, 47.39 per cent (103.02 million people) of Nigeria’s 217.37 million...