FG, states, LGs shared N3.47tn in Q2 — NEITI

The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government in the second quarter of 2024. This reflects an increase of N46.77bn (1.42 per cent) compared to the first quarter of 2024, the agency stated in a statement on Monday. The statement signed […]

Despite Hardship, NBS Says Inflation Eases To 32.15%

Despite steady rise in commodity prices across the country, the National Bureau of Statistics (NBS) has said that headline inflation rate further eased to 32.15 per cent in August 2024 relative to the July 2024 headline inflation rate of 33.40 per cent. The August 2024 headline inflation rate showed a decrease of 1.25 per cent […]