Volume of e-payment transactions reflects Nigeria’s cashless policy progress
The volume of e-payment transactions in the last 10 years show that Nigeria has made progress on the cashless policy.
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Naira redesign: N200 constitutes 9.2% of seven-year currency in circulation
In the seven years reviewed, the lowest number of N200 notes was recorded in 2015 when 401.63 million pieces were put into circulation. This year, N1000 and N500 have had the highest volumes in circulation, with 1.011 billion and 1.322 billion pieces, respectively.
CBN’s swap policy shows cash is king in Nigeria
Nigeria is moving toward a full-fledged cashless society with the Central Bank of Nigeria’s introduction of the cash swap policy.
2023 election: Number of polling units rises 47% in 27 years
The Independence National Electoral Commission (INEC) has reduced the number of polling units ahead of the general elections which will begin on February 25.
Nigeria faces sickle cell management crisis
Twenty-five year-old Aina Ajibola dropped out of Abraham Adesanya Polytechnic, giving up her dream of becoming a graduate. This was the second time she was abandoning tertiary education, the first being at Obafemi Awolowo University.
Delta shines as Cross River underperforms on 2022 budget implementation
Of the three sectors reviewed, agriculture is the only area where Rivers spent more than it budgeted on capital projects. The state had a capital to recurrent ratio in the agriculture sector of 22 to 88 percent.
President Tinubu: Predilections and predictions
Dataphyte Research’s analysis of election trends since 1999 till date projects Senator Bola Tinubu to win Nigeria’s 2023 presidential race, except the majority of the people suddenly begin to consider the capacity of elected persons to deliver socioeconomic benefits to their constituents.
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Bauchi governor excels on public funds management but struggles on poverty eradication
As the 2023 election approaches, Dataphyte is chronicling the performances of state governors seeking re-election and those who will complete their second terms in May 2023.
2023 election: Eight politicians attacked in seven days
With 15 days to Nigeria’s 2023 general election, politicians across different political parties have continued to suffer various forms of attack, Dataphyte’s findings have shown.
Government agencies waste N44bn on travels despite crisis in health sector
Amid the crisis in the health sector, the Nigerian government led by President Muhammed Buhari has approved a total of N44.33 billion for Ministries, Departments, and Agencies as travel costs.
Petrol price variations show inefficiency of subsidy regime
Al Utsaha, who traveled from Makurdi to Abuja on Saturday, January 28, purchased fuel at three different prices. He bought petrol at N305 per litre at a filling station in Northbank, Makurdi. On getting to Ado-Mararaba in Nasarawa State, he purchased a litre at N320. He then went on to buy it at N194 at the NNPC filling station along Zuba-Giri road on Sunday, January 29.
#DailyDataCard: Nigeria’s mobile subscriptions for telecommunication services
#DailyDataCard: Nigeria’s mobile subscriptions for telecommunication services
Budget: Ebonyi dwarfs South-East rivals on education, health
In the South-East region, while Anambra, Ebonyi, and Imo states spent fair shares of their budgets on capital items, Enugu and Abia states spent virtually nothing on capital projects as all expenses went to recurrent issues.
Education ministry’s N160bn fund lies idle amid huge infrastructural decays
About N160.38 billion earmarked for education development has remained unspent in five years despite a huge infrastructural deficit in the sector.
Naira shortage threatens first quarter GDP growth
The current cash shortage will likely lead to a drop in Nigeria’s gross domestic product (GDP) growth in the first quarter of 2023, according to analysts.