Nigeria’s GDP Grew By 3.46% In Q3 2024 – NBS
Nigeria’s Gross Domestic Product (GDP) has grown by 3.46 per cent in real terms in the third quarter (Q3) of 2024 on a year-on-year basis.
This is according to a Monday GDP report published by the...
Electricity Subsidy Hits N1.91tn in 11 months
The monthly spending of the Federal Government on electricity subsidy obligation has reached N1.91tn in the first 11 months of 2024, a new report by the Nigerian Electricity Regulatory Commission (NERC) has disclosed.
It also stated that power distribution...
53.6% of Nigerian Households have Access to Electricity – NBS
Just over half of Nigerian households, 53.6 per cent, have access to electricity, according to the General Household Survey Panel (Wave 5) launched by the National Bureau of Statistics (NBS) in collaboration with the World...
The Perils of Economic Extremism
By Salisu Na'inna Dambatta
Whenever most analysts, alarmists and political elite speak of extremists or extremism they limit the notion of the terms to individuals whose conduct is generally guided by an undiluted respect and fear of the Almighty God. They...
Inflation Rate Rises to 33.88% in October
Nigeria’s headline inflation rate increased to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage point month-on-month increase.
This was contained in the National Bureau of Statistics (NBS) Consumer Price Index (CPI) report released...
352 LGs Record Zero Revenue in 2023 – Report
About 352 Local Government Councils in 17 states and the Federal Capital Territory failed to remit or generate any revenue to the coffers of their respective state governments in 2023, data sourced from the National Bureau...
