According to the National Bureau of Statistics, the number of mobile subscribers in the northern geopolitical regions in Nigeria increased by 7.9 million new mobile subscribers in 2020. This is according to the latest Telecom data Read More
No fewer than 21 countries, including Nigeria and America lost over $4.1bn to cyber scam, identity theft, Internet romance scam, business email compromise and other fraudulent activities in 2020.According to the Internet Crime Complaint Read More
The Organisation of Petroleum Exporting Countries has predicted that the global demand will increase by six million barrels per day, mb/d in 2021 despite the prolonged impact of the Covid-19 pandemic.OPEC noted that oil Read More
The Nigerian National Petroleum Corporation has said that it expects an inflow of about $8.7 billion investment during the rehabilitation of three refineries and revamping of pipelines.This investment is expected form the Warri Refinery and Read More
The International Monetary Fund has raised Nigeria’s growth forecast for 2021 to 2.5 percent from 1.5 per cent earlier announced in January. The report also projected a 16 per cent consumer price for the country in 2021.IMF disclosed Read More
With a total invoice of N739.68bn, power generation companies were not paid 59.17 percent of the invoice issued in 2020 for the electricity produced and fed into the national grid.The government-owned Nigerian Bulk Electricity Trading Read More
The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has said that the Federal Government had budgeted N396 billion for the provision of the COVID-19 vaccine in the 2022 Appropriation.She noted that Read More
The transport fare paid by passengers for bus, motorcycle and waterway journeys rose in February 2020. The increase was attributed to the slight increase in petrol price during the period. This was contained in its ‘Transport Read More
The amount spent on the importation of Premium Motor Spirit (petrol) rose to N2.11tn in 2020– a 17.54 percent increase against the previous year.According to the data obtained from the National Bureau of Statistics, the Read More
The currency in circulation in the country dropped to N2.78 trillion in February from N2.83 trillion as of January 2021 – a N50 billion different.The figures obtained from the Central Bank of Nigeria disclosed that the Read More