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Rising transportation costs amidst high unemployment rate
Transportation in Nigeria is by land, water and air. Across the states of the federation, the patronage a means of transport gets depends on the locations and amount of transport…
How voice, internet subscriptions benefited from COVID 19
Economic activities in the 36 states and FCT appear to be picking up following a noticeable growth in voice and internet subscriptions in the last twelve months. The non-pharmaceutical…
Nigeria’s unemployed among top 10 in the world
Nigeria’s unemployment rate rose further at the end of 2020. According to the National Bureau of Statistics (NBS), unemployment rate in Nigeria increased from 27.1 percent in Q2 2020 to 33.3…
Highlights of Nigeria’s Q4 2020 trade statistics
The latest data from the National Bureau of Statistics (NBS) indicated that Nigeria’s external trade declined by 10.32 percent in 2020. From N36.15 trillion in 2019, significant decline in…
Role of sectoral credit allocation in Nigeria’s exit from recession
Many people are happy that Nigeria has exited the last recession, especially as the country’s economic data shows that we have gone through two recessions in the last five years, and this…