Oil, Gas GDP Contribution Declines By N3.25trn In Two Years       The contribution of crude petroleum and natural gas sector, which is a sub-sector under the mining and quarrying sector, to Nigeria’s Gross Domestic Product dropped from N13.45tn in 2018 to N10.2tn in 2020, signifying a...

2020 Annual States Viability Index ASVI: FCT, 36 States Generate N1.3tr IGR Against N4.18trn from Federation Account Allocation … Again, Lagos Generates More IGR than 22 States Combined …. RICH/Economic Viable States: Lagos, Rivers, Ogun, Oyo, Anambra States … INSOLVENT/Poor IGR States: Bayelsa, Katsina, Jigawa, Yobe, Benue...

Nigeria’s Data Usage Rises By 202% In Three Years - NCC       Data usage in Nigeria surged by 202.08 per cent in three years, according to data from the Nigerian Communications Commission. According to the subscriber/network data reports of 2018, 2019, and 2020, data usage rose from...

In One Year, IT Investments Decline By $53m     Despite intensive promotion of the nation’s technology sector, investments in the information technology services subsector tumbled from $74.74m at the end of 2019 to $21.68m as of December 31, 2020. This is according to analysis of the capital...

Nigeria’s Capital Importation Declines To $875.62m In Q2, 2021     The total value of capital importation into Nigeria declined to $875.62m in the second quarter of 2021 from $1.91bn in the first quarter of 2021. The National Bureau of Statistics disclosed this in its report titled, ‘Nigerian...

Beans, Tomatoes, Rice Record 253%, 123%, 51% Price Hike       The cost of food items in Nigeria has been recording significant increases in the past one year. A survey carried out by our correspondents in markets across Lagos, Ogun and Federal Capital Territory showed that staple food...