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FG Approves N4bn Conditional Cash Transfer for Vulnerable Households

FG Approves N4bn Conditional Cash Transfer for Vulnerable Households The Federal Government of Nigeria has given the green light for a N4 billion conditional cash transfer program aimed at supporting vulnerable households across the country. During the launch of the 2025 Nigeria Humanitarian Needs and Response...

Pressure on Households as Food Inflation Rises to 40%

Pressure on Households as Food Inflation Rises to 40% Nigeria’s food inflation has continued on a steady rise, reaching 40.01 percent in March 2024 on a year-on-year basis, this is 15.56 percent higher compared to the rate recorded in March 2023 (24.45 percent) and 37.90...

10m Households To Get N5,000 As Subsidy Palliative For Six Months – FG

10m Households To Get N5,000 As Subsidy Palliative For Six Months - FG   The federal government will pay N5,000 to 10 million households for six months as palliative for removing petrol subsidy after June. Economic Confidential reports that the amount is N50 billion per month and...

Household Food Imports Rise By 71% In Four Years

Household Food Imports Rise By 71% In Four Years   Food and beverage imports for households rose by 71.12 per cent between the third quarter of 2018 and the corresponding quarter of 2022 despite the foreign exchange crisis in the country. This was based on data from...

MTN Targets 43m Households With Home Broadband Services

MTN Targets 43m Households With Home Broadband Services Technology firm, MTN has launched home broadband services targeting 43 million households and 40 million medium and small-scale enterprises (MSMEs) in Nigeria. Besides, MTN said this service is also in line to accelerate broadband penetration in alignment with...

$23bn Diaspora Remittances Raise Income Line For Households

$23bn Diaspora Remittances Raise Income Line For Households       In recent time, there have been moves to increase the volume and value of dollars remitted into the economy by Nigerians living abroad. More dollar inflows have significantly improved income of many beneficiaries who rely on their families...