nigeria

A report published by the National Bureau of Statistics on Tuesday revealed that food inflation increased marginally Year on Year to 14.90% in January 2020, compared to the figures obtained (14.85%) in January 2019. Core Inflation also rose to 9.43% in January 2020 compared to the 9.35% figures in January 2020. Earlier in January data […]

The Central Bank of Nigeria has reduced the withdrawal fee charged for the use of other banks’ Automated Teller Machines from N65 to N35. The N35 ATM fee according to the CBN should be imposed on customers after the third withdrawal within one month. The new directive is part of the major highlights of the new […]

According to Friedrich Hayek, the law of unintended consequences is that actions of people, and especially of governments, always have effects that are unanticipated or “unintended.” This law of unintended consequences is one of the building blocks of economics. A simpler analogy for my lazy generation is in #GameOfThrones Season 5 when Cersei gave the […]

Nigeria on Friday rejected the findings of a UN report on violence in the country accusing it of simply blaming the government of President Muhammadu Buhari. “While we agree that the violence in Nigeria, or in any country, is a major concern and that there is a rippling effect, we are disappointed that the rapporteur […]

189 Nigerians have arrived from South Africa on Wednesday following a wave of xenophobic violence that swept through the country and sparked sharp exchanges between the two countries. A flight carrying 189 Nigerians landed in Lagos, with some of those onboard punching the air and singing the national anthem. “We were expecting 317 but from […]

The Presidential election tribunal has upheld President Muhammadu Buhari’s election victory earlier this year, dismissing a request by opposition parties to overturn the result over claims of voting irregularities. Buhari won a second term with 56 per cent of the February poll, which was long-delayed. Former Vice President, Atiku Abubakar of the main opposition People’s […]

Nigeria has recalled its Ambassador to South Africa, Kabiru Bala, and also pulled out of the World Economic Summit holding in Cape Town today. The News Agency of Nigeria (NAN) reports that Nigeria also demanded full compensation for the loss of life and property of Nigerians affected by the xenophobic attack. There has been a […]

The federal government’s personnel cost has risen from N1.8 trillion to N2.1 trillion, even without the full implementation of the payment of the new minimum wage. (personnel cost is the total remuneration for public officials in cash or in kind, payable to them in return for work done during a reference period) According to a […]

Nigeria has gone three years without a case of polio, putting it on the brink of being declared free of the disease. This is a dramatic change from 2012 when the country accounted for more than half of all polio cases worldwide, the World Health Organization has said. The head of the primary health care […]


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