Inflation Falls to 18.02% as Food, Logistics Costs Ease
Nigeria’s inflation rate fell sharply to 18.02% in September, marking its biggest decline in recent years, driven by lower food prices, a more stable naira, and reduced logistics costs that eased pressure on household spending.
The National...
As the country raises its flag for 65 years, the noble theme: “All Hands-on Deck for a Greater Nation,” filled the air. Yet, standing here, speaking from the streets, markets, classrooms, one can only wonder whose hands are being summoned this time around.
Nigerians spent about N242.68bn on the importation of solar panels in the first half of 2025, underscoring the country’s sustained demand for renewable energy solutions even as the Federal Government intensifies efforts to boost local production.
How 20 Governors Borrowed N458bn Amid Rising Debts
No fewer than 20 states of the federation borrowed about N458bn in the first half of 2025, findings have revealed.
This comes against the backdrop of a soaring external debt servicing burden gripping state governments.
Collectively, the states spent...
Nigeria Spends N804bn on Arms Imports, Experts Urge Domestic Production
Nigeria spent N804.10bn on arms and ammunition imports between 2020 and the second quarter of 2025, according to data obtained from the National Bureau of Statistics (NBS).
Despite moves by the government to expand domestic production,...
