Nigerians In Diaspora Remit $65.34bn In Three Years       The Nigerian Diaspora population remitted $65.34bn in three years to boost economic activities in the country, data obtained from the World Bank have shown. According to the World Bank data, in 2018, the Nigerian Diaspora remittance was $24.31bn;...

Nigerians Lose N150.46bn To Twitter Ban In Two Month       Nigeria businesses may have lost N150.46bn ($366.88m) since the Federal Government’s ban on Twitter took effect in the country on June 5. This figure was calculated based on the NetBlocks Cost of Shutdown Tool. According to the...

Nigerians Spent N1.77trn On National Calls, SMS In 2020       Nigerians spent about N1.77tn on national calls and short messages in 2020. This is according to the analysis of data released by the Nigerian Communications Commission recently released in document titled ‘2020 subscriber/network data report’. NCC put total...

Nigerians Spend N7trn Yearly On Power Generation       Nigerians, and by extension, their businesses, expend about N7 trillion annually on power generation, a Renewable Energy expert, Mr Stephen Ogboko, has said. Ogboko, also the Executive Director and Chief Operating Officer, Off Grid Tech Solutions Ltd., made this...

How Inflation Impoverishes Nigerians - NBS     The National Bureau of Statistics (NBS) has validated a World Bank’s report which stated that not less than seven million Nigerians were thrown into poverty in 2020 due to the adverse impact of rising inflation. Head, Public Affairs and International...

Rising Inflation Pushed 7million Nigerians Below Poverty Line – W/Bank       The World Bank has said rising prices pushed about seven million Nigerians below the poverty line in 2020. This was contained in a press statement titled ‘Critical reforms needed to reduce inflation and accelerate the recovery,...