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Facts & Figures

Inflation Rate Drops to 24.48%

Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025. This is a sharp decline from the 34.80 per cent.

PRNigeria Fact-Check Exposes Misleading Claim by Buhari on Rental Income for Feeding

PRNigeria Fact-Check Exposes Misleading Claim by Buhari on Rental Income for Feeding In a recent statement that sparked widespread debate, former Nigerian President Muhammadu Buhari claimed that he relies on rental income from one of his houses in Kaduna State to support his living expenses...

Report Reveals MDAs’ N22bn Solar Installation Expenditure

Report Reveals MDAs' N22bn Solar Installation Expenditure   Nigeria's federal ministries, departments, and agencies spent a staggering N22,782,065,914.14 on solar power installations across the country in 2024. This significant investment in renewable energy was revealed through records accessed on BudgIT's accountability platform, GovSpend. The expenditures, aimed at boosting...

Nigeria’s IMTO Inflows Jump by 63.7% in Nine Months – CBN

Nigeria's IMTO Inflows Jump by 63.7% in Nine Months - CBN   According to the Central Bank of Nigeria (CBN) the country witnessed a significant surge in international money transfers, with inflows from International Money Transfer Operators (IMTOs) rising by 63.7% during the first nine months...

NELFUND Disburses N23bn to Tertiary Institutions, Individuals

NELFUND Disburses N23bn to Tertiary Institutions, Individuals The Nigerian Education Loan Fund (NELFUND), the official federal government agency in charge of student loans in Nigeria, has disbursed a total of N23 billion to several individuals and 128 tertiary institutions in Nigeria. Speaking to senior journalists in...

Osun Governor Pardons Teenager After PRNigeria FactCheck Reveals Misrepresentation of Robbery Case

Osun Governor Pardons Teenager After PRNigeria FactCheck Reveals Misrepresentation of Robbery Case Hours after PRNigeria published a fact-check dispelling viral claims on social media that two Nigerian teenagers were sentenced to death for stealing poultry, Osun State Governor Ademola Adeleke has granted clemency to the...