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Economy

Subnational Debt Profile in Four Charts

The total domestic debt profile of subnational governments stood at N5.36 trillion by the end of the third quarter of 2022. Though the Debt Management Office (DMO) didn’t give a breakdown of the state government’s foreign debt, state government debt contributed 16.74 per cent of the total debt profile as of June 2022.

Data Dive

3 China-Africa Metaphors

Two decades ago, just as Nigeria returned to democracy in 1999, a young Nigerian afro-pop musician emerged with a rather funny stage name, ‘African China’.

Economy

How fuel scarcity, rising inflation is affecting SMEs

“Whether you make sales or not, you will pay money daily for electricity,” a trader told Dataphyte, revealing that he and his boss (the owner of the business), depending on the business thriving and a lower cost of running the business to live daily.