Nigeria's N777 Billion Arms Import Bill Revealed
National Bureau of Statistics data shows Nigeria spent N776.9 billion on arms imports from 2020-2025, with 2024 recording the highest expenditure at N520 billion amid rising insecurity.
National Bureau of Statistics data shows Nigeria spent N776.9 billion on arms imports from 2020-2025, with 2024 recording the highest expenditure at N520 billion amid rising insecurity.
Comprehensive analysis of Nigeria's economic challenges including inflation, unemployment, and corruption with expert solutions for sustainable growth and development.
Nigeria's inflation rate declines to 16.05% in October 2025, marking the seventh consecutive monthly drop. Food inflation shows significant improvement year-on-year.
Nigerians celebrate as garri prices drop over 50% following cassava abundance. Inflation falls to 16.05%, nearing Tinubu's 2025 target. Read market details and expert analysis.
Nigeria's inflation rate declines to 16.05% in October 2025, marking the seventh consecutive month of decrease. Food inflation shows significant improvement while urban areas face slight pressure.
Nigeria's inflation rate declines to 16.05% in October 2025 as food prices drop and naira strengthens. Farmers lament crashing prices while government nears 15% target.
Nigeria's inflation rate drops to 16.05% in October 2025, marking the lowest level since 2017. Discover how food prices and policy changes are driving this positive trend.
Nigeria's inflation rate declines to 16.05% in October 2025, marking seventh consecutive month of decrease. Food prices show moderation. Read latest economic update.
The EU has revised its 2026 eurozone growth forecast down to 1.2% due to global trade tensions. Inflation is expected to fall below the ECB's target. Discover the full economic impact.
European Commission revises eurozone growth downward to 1.2% for 2026 as trade tensions persist. Inflation expected to rise to 1.9%. Stay informed on economic developments.
Ned Nwoko reacts to hospital statement denying Regina Daniels' medical report release. Get the latest on the Nollywood couple's controversy and public reactions.
PDP crisis escalates as Damagun-led NWC defies court order and BoT reconciliation report. Rivers State boycotts convention amid leadership turmoil. Read full details.
A new report reveals 34.7 million Nigerians across 27 states will face food insecurity between June and August 2026. Farmers incur massive losses despite government interventions, threatening future food production.
CDIA launches groundbreaking AI report for inclusive education in Nigeria. Discover how technology can bridge learning gaps for persons with disabilities. Read the findings now!
Venezuela faces return to hyperinflation with IMF projecting 548% inflation for 2025. Citizens struggle as bolivar collapses and US sanctions bite. Read full analysis.
KDI report reveals pervasive vote trading in Anambra governorship election with snacks, beverages and cash. Read the shocking details of electoral malpractice.
Regina Daniels' brother Sweezy makes shocking allegations against Ned Nwoko, accusing him of fabricating medical reports, marriage certificate, and voter's card. Read the full details of this explosive family drama.
Nigeria faces a cybersecurity crisis with 566,300 accounts breached in 2025. A new Surfshark report reveals a tenfold increase in leaks, putting millions at risk of identity theft.
Nollywood actress Regina Daniels faces controversy as medical report alleges substance use disorder. Full details on the leaked document and public reactions.
Nigerian Senate demands NNPCL refund N210 trillion in unaccounted funds after CEO snubs hearing. Auditor-General's report reveals massive financial discrepancies from 2017-2023 operations.
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
Lagos State introduces 25% subsidy on rice, beans, garri and other essentials ahead of Christmas. Governor Sanwo-Olu's initiative aims to ease cost of living during festive season.
The IEA reports renewable energy is expanding faster than fossil fuels globally, with oil demand peaking around 2030. Discover the key trends shaping Nigeria's energy future.
President Bola Tinubu has received the official report on the devastating Christmas Eve attacks in Plateau State that claimed over 150 lives. Discover the government's urgent response plan.
Federal Government exposes massive electricity theft as majority of consumers illegally bypass prepaid meters, costing billions in revenue losses and threatening power sector stability.
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
Explore the silent crisis gripping Nigerian universities as graduates face unemployment despite quality education. Discover why knowledge no longer pays in today's economy.
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
Latest NCC data reveals surprising telecom trends: SIM card registrations surge while data usage experiences unexpected decline, signaling shifting consumer behavior in Nigeria's digital landscape.
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.