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Bayelsa, Ondo, Lagos Record Highest Rate Of Inflation – NBS

Bayelsa, Ondo, Lagos Record Highest Rate Of Inflation - NBS   Bayelsa, Ondo and Lagos states recorded the highest rate of inflation in March 2023. This was according to the latest National Bureau of Statistics data on inflation across the country, which was released on Saturday. According to...

Lagos, Delta Top States’ N5.33trn Domestic Debts

Lagos, Delta Top States’ N5.33trn Domestic Debts   The domestic debt owed by state governments and the Federal Capital Territory administration rose to N5.33tn as of the end of December 2022. The sub-national domestic debt stock was N4.46tn by the end of 2021, which means it rose...

Kano, Lagos, Get Massive Share As LGs Share N2trn

Kano, Lagos, Get Massive Share As LGs Share N2trn   Local Government Areas in Nigeria got N2.02tn from disbursed federal allocation in 2022. This came as LGAs in Lagos, Kano, Oyo, Katsina, and Rivers states raked in the highest allocations for the year. Local government areas in...

Naira Scarcity: Customers Fight Over N5,000

Naira Scarcity: Customers Fight Over N5,000 The continued scarcity of the naira has increased the hardship of many bank customers who are now forced to join long queues to withdraw N5,000 over-the-counter. This has increased the frustration of many people waiting to collect cash and has...

Fighting Erupts in Lagos Due to Naira Scarcity

Fighting Erupts in Lagos Due to Naira Scarcity Fighting erupted in some areas on the popular Lagos-Ikorodu expressway in Lagos State over the scarcity of the new naira notes and the hardship the policy has thrown Nigerians. On Friday morning, it was gathered that suspected louts...

Fuel Scarcity: Lagos Orders Filling Stations to Open from 9am to 4pm

Fuel Scarcity: Lagos Orders Filling Stations to Open from 9am to 4pm The Lagos State Government has directed all major and independent petroleum marketers operating along major roads in the State to open between 9am and 4pm on weekdays. The government warned any operator who refuses...