Kerosene, Petrol Prices Rose In August – NBS             Two reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year in August. The National Household Kerosene Price Watch report for August 2021 by...

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...