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EXTRA: ‘Deep Freezer Ltd, Rice and Beans Ltd’ — unusual names of CBN-approved BDC operators

    EXTRA: ‘Deep Freezer Ltd, Rice and Beans Ltd’ — unusual names of CBN-approved BDC operators

Nigeria’s bureau de change (BDC) market has grown significantly since 2005. Within that period (2005 to 2006) there were less than 100 operational BDCs, with the Central Bank of Nigeria

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FULL LIST: Rivers, Imo… 27 states attracted zero foreign investments in 9 months

    FULL LIST: Rivers, Imo… 27 states attracted zero foreign investments in 9 months

Foreign investors snubbed 27 states as the value of capital importation into Nigeria fell by 34 percent to $2.82 billion in the first nine months of 2023, from $4.27 billion

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Zamfara, Benue — 7 states, FCT failed to generate revenue from LGAs in 2022

    Zamfara, Benue — 7 states, FCT failed to generate revenue from LGAs in 2022

Only 29 states out of the 36 and the federal capital territory (FCT), succeeded in raising revenue from their local governments in 2022, according to Nigeria’s data bureau. According to

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NBS: Nigeria’s railway revenue from passengers dropped by 71% in Q2 2022

    NBS: Nigeria’s railway revenue from passengers dropped by 71% in Q2 2022

The Nigerian Railway Corporation (NRC) says the total revenue generated from passengers dropped by N1.48 billion in the second quarter (Q2) of 2022. The figure represents a decline of 71

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TheCable wins award for innovative contribution to development journalism

  TheCable wins award for innovative contribution to development journalism

TheCable has been honoured for its contribution to development journalism through the innovative use of data and statistics to promote

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EXCLUSIVE: Nigeria’s petrol subsidy in 6 months surpassed NNPC’s oil revenue by N210bn

  EXCLUSIVE: Nigeria’s petrol subsidy in 6 months surpassed NNPC’s oil revenue by N210bn

In the first half of 2022, petroleum subsidy claims surpassed oil and gas revenue from crude sales by N210 billion,

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13% derivation: Eight oil-producing states received N144bn in Q1 2022

  13% derivation: Eight oil-producing states received N144bn in Q1 2022

Eight oil-producing states in Nigeria received N144.31 billion from the federation account in the first quarter of 2022. The amount

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UN: With 1.4bn people, India to surpass China as most populous country in 2023

  UN: With 1.4bn people, India to surpass China as most populous country in 2023

The United Nations says India will surpass China as the world’s most populous country in 2023, with more than 1.4

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NBS: Nigeria’s revenue from train services increased by N4bn in one year

  NBS: Nigeria’s revenue from train services increased by N4bn in one year

The Nigerian Railway Corporation (NRC) says it generated N6.08 billion revenue from passengers, cargo and other services in 2021. The

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NBS: Price of diesel surged by 2.54% to N671 a litre in one month

  NBS: Price of diesel surged by 2.54% to N671 a litre in one month

The National Bureau of Statistics (NBS) says the price of automotive gas oil (AGO), better known as diesel, has increased by

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