Summary • Flight delays and cancellations are common occurrences in Nigeria, as about 55% of domestic flights are either delayed or cancelled. • Flight delays and cancellations subject air passengers to untold hardships ...

Education is universally recognized as a critical driver of development and prosperity in any country, and Nigeria is no different. Globe the sector plays a vital role in making available the required balance in the form ...

Price level is a crucial macroeconomic variable that significantly influences household, firm, and government objectives. Monitoring the movement of prices within the economy is essential for effective fiscal and ...

This issue brief considered the essence of rebasing some macroeconomic variables to examine the rationale for such exercise. The brief simply defines rebasing as replacing an outdated base year with a more recent one to ...

The current proposed 2024 tax bill has planned on raising the Value Added Tax (VAT) from 7.5% to 10% in 2025. This increase is projected to adversely affect the growth and performance of an already weak Small and Medium ...

Violence in Anambra state has significantly increased in recent years, threatening the state's democratic process through kidnappings, armed robberies, and politically motivated attacks. The governorship election of Anambra ...

The recent removal of fuel subsidy by the federal government has an adverse impact on the livelihoods of the informal sector in Nigeria. According to the World Bank, 80.4% of Nigerians are employed in the informal ...

BRICS is a global political and economic bloc, formed to foster economic cooperation and growth among developing nations. In various respects, Nigeria is highly qualified to have been invited as an originating member ...

The proliferation of substandard locally made and imported products is one of the contemporary challenges bedevilling the country. Specifically, low quality petroleum products have economic and non-economic (social, ...

The need to diversify the Nigerian economy has now become more urgent than ever before. Against this backdrop, this brief examines Nigeria diversification drive with a view to drawing lessons from Brazil and China Experiences. ...

The ongoing dependence on road transport for PMS distribution has resulted in inefficiencies, such as frequent fuel shortages, wastage of resources, loss of lives, and elevated transportation costs. To mitigate these ...

• The National Bureau of Statistics (NBS) is re-basing the GDP to reflect current economic realities. The GDP was last rebased in 2014 using 2010 as the base year. • In addition to including new areas like digital economy, ...

Globally, chemical industry has been playing crucial role that have revolutionized many important aspects of human well-being. Likewise, the development of chemical industry has had a significant economic impact, not ...

The intersection of insecurity, food scarcity, and food inflation in Nigeria presents a complex and challenging scenario that significantly impacts the country's agricultural sector and overall food security. In recent ...

The current administration has made efforts to improve the tax system to enhance the efficiency of tax collection and bolster economic competitiveness. In this context, it has presented four executive Bills to the National ...

The rising rate of road transport accidents in Nigeria has been a major concern in the country. According to a 2024 data released by the Federal Road Safety Corps (FRSC) on road traffic accident, there were 10,130 total ...

Violence in Anambra state has significantly increased in recent years, threatening the state's democratic process through kidnappings, armed robberies, and politically motivated attacks. The governorship election of Anambra ...

The current proposed 2024 tax bill has planned on raising the Value Added Tax (VAT) from 7.5% to 10% in 2025. This increase is projected to adversely affect the growth and performance of an already weak Small and Medium ...

In a renewed effort to address the naira's free fall, the Central Bank of Nigeria (CBN) has launched a number of noteworthy initiatives, such as investigating and clearing the backlog in foreign exchange, restricting the ...

The National Association of Academic Technologists (NAAT) has declared plans to begin a nationwide protest from August 6, 2025, following the Federal Government’s failure to address longstanding grievances. These include ...