By Biodun Busari Bayelsa, Sokoto, Gombe and Kebbi states have the highest incidence of child multidimensional poverty index in Nigeria, Vanguard has learnt. While the child MPI is above 50% in all thirty-six states, the incidence in the aforementioned states has more than 95%. This was revealed in the data on child MPI entitled ‘Nigeria […]

By Biodun Busari The National Bureau of Statistics (NBS) said Nigerians have spent a whopping N9.51 trillion on household expenses monthly. According to the Bureau, Nigerians continue to face high costs of goods and services which has led to a household expenditure of N57.1 trillion in the first six months of the year. It was […]

By Biodun Busari Nigeria’s inflation rate has jumped from 20.77% in September 2022 to 21.09% in October 2022 as the country battles with soaring food prices. The National Bureau of Statistics (NBS) revealed this on Tuesday in its Consumer Price Index (CPI) report for October, noting that food inflation was 23.72% in October 2022, from […]

By Biodun Busari The market capitalisation of all cryptocurrencies plummeted to $841 billion which was a fall of $201 billion in just seven days. This was caused by the disappearance of more than $600 million in cryptocurrency from the wallets of the defunct cryptocurrency corporation FTX, with no apparent cause stated.  According to reports, FTX […]

By Biodun Busari President Muhammadu Buhari has said his administration will not go back on the plan of the Central Bank of Nigeria (CBN) to redesign the nation’s highest currency notes of N1,000, N500, and N200. Buhari said this on Wednesday evening in London, UK, shortly after meeting with King Charles III at Buckingham palace. […]