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The World Bank has highlighted Nigeria’s inadequate statistical performance compared to peers like Mexico and South Africa. A World Bank delegation, led by Country Director Ndiame Diop, suggested an annual …
World Bank Raises Concerns Over Nigeria’s Statistical Quality and Investment Needs Read More
Nigeria is at a pivotal moment in 2025 as economic reforms reshape its financial landscape, highlighted by the recent rebase of the GDP and changes in the inflation rate. The …
Nigeria’s Economic Rebase: Unlocking New Opportunities for Businesses and Consumers in 2025 Read More
The skills gap in Nigeria is contributing to high unemployment rates, with many graduates lacking requisite skills for available jobs. Recent reports reveal that substantial numbers of job seekers are …
Widening Skills Gap Leaves Millions of Nigerians Jobless Despite Opportunities Read More
Nigeria’s inflation rate fell to 23.18% in February 2025, a significant decline influenced by the recent rebasing of the Consumer Price Index. Food inflation dropped to 23.51%, and both urban …
Nigeria’s Inflation Rate Declines to 23.18% as Economic Adjustments Impact CPI Read More
In February 2025, Nigeria’s inflation rate dropped to 23.18% from 24.48% in January. The food inflation rate also decreased to 23.51%, significantly lower than the previous year’s rate. Despite government …
Nigeria’s Inflation Rate Declines in February 2025 Amid Food Security Challenges Read More
Nigeria’s inflation rate fell to 23.18% in February 2025, down from 24.48% in January. Year-on-year, it decreased by 8.52% from the previous February. The reduction was mainly influenced by price …
Nigeria’s Inflation Rate Declines to 23.18% in February 2025, Reports NBS Read More
Nigeria’s inflation rate has dropped to 23.18% in February from 24.48% the prior month, as reported by the National Bureau of Statistics. Year-on-year, food inflation decreased significantly by 14.41%. Core …
Nigeria’s Inflation Declines to 23.18% in February, A Record Low Read More
In February 2025, Nigeria’s food inflation rate dropped to 23.51%, down from 37.92% in February 2024, indicating slower price increases. The reduction is attributed to a new measurement base year …
Nigeria’s Food Inflation Decreases to 23.51% in February 2025 as Prices Stabilize Read More
As of February 2025, Nigeria’s inflation rate has eased to 23.18%, with significant contributions from food prices. The report lists the ten most expensive states, led by Edo at 33.6%. …
Top 10 Most Expensive States to Live in Nigeria – February 2025 Read More
In 2024, Nigeria’s arms imports exceeded ₦520 billion, the highest in five years, accounting for two-thirds of total imports between 2020-2024. This contradicts Minister of Defence’s claims of becoming a …
Nigeria’s Arms Imports Surge in 2024: A Critical Analysis of Defence Spending Read More