Nigerians Expect Weaker Economy If Inflation Rises Faster — CBN         The Central Bank of Nigeria has said more than 60 per cent of Nigerian households it surveyed in September believed that the nation’s economy would end up weaker if inflation started to rise faster. The CBN,...

‘Over 82.9m Nigerians Currently Living Below Poverty Line’       With over 82.9million Nigerians currently living below the poverty line, there is a need to urgently tackle poverty to get the economy back on track, according to ActionAid Nigeria. The Country Director, Actionaid, Ene Obi, also said unemployment...

79 million Nigerians Extremely Poor In 2018 – W/Bank       Nigeria has the largest poor population in sub-Saharan Africa, with 79 million extremely poor in 2018, the World Bank said in a new report on Wednesday. The country accounts for 20 per cent of the total poor...

Nigerians Not Benefiting From US duty-free Export – NEPC       The Nigerian Export Promotion Council says only few Nigerian exporters have benefitted from the United States duty free trade opportunity despite several sensitisation carried out by the council. The Executive director, NEPC, Segun Awolowo, said this during...

CACOVID Shares N23bn Palliatives To 10m Nigerians     Nigeria’s private sector led Coalition Against COVID-19 (CACOVID) yesterday announced the flag-off of a nationwide distribution of multi-billion naira food palliatives and other relief items to mitigate the adverse effects of the coronavirus pandemic on vulnerable Nigerians. The food...

In 13 Months, Nigerians Spent N2.37trn On petrol – NNPC   In 13 months, Nigerians spent N2.37tn on petrol imported into the country by the Nigerian National Petroleum Corporation, data released by the corporation have shown. The corporation said on Wednesday that its total revenue generated from...