Lagosians annually incur N14 trillion on generator fuel: LASG
These generators consume 16 billion litres of fuel annually, costing Lagosians about N14 trillion at today’s average price of N900 per litre.
By The Numbers
Nigeria records 24.23% inflation rate for March
NBS reports March inflation at 24.23%, driven by rising food, transport costs.
Nigeria lost nearly 15,000 nurses, midwives to UK in five years – Report
The migration has contributed to a growing shortage of healthcare workers in Nigeria, particularly in the public health sector.
CBN posts $6.83bn balance of payments surplus for 2024
The balance of payments position recorded a significant improvement…
PCNGI secures $491 million investment, creates 84,000 jobs in one year.
Over 9,000 direct jobs and 75,000 indirect jobs have been created.
20 states yet to implement N70,000 minimum wage
While some states like Lagos and Rivers have complied, others including Borno and FCT continue to withhold the new wage, leaving workers struggling with economic hardship.
Naira tumbles to N1,600/$1 as Trump’s tariffs shake global markets
Intra-day trading saw the currency fluctuate between a high of N1,625 and a low of N1,519…
US Treasury Secretary: Top 10% own 88% of stocks, bottom 50% are in debt
Scott Bessent discussed the distribution of stock market ownership during an interview, stating that the top 10% of Americans own 88% of equities, while the next 40% own 12%, and the bottom 50% are in debt.