However, rising inflation has recently affected Valentine's Day celebrations, with the prices of popular gifts such as flowers, dining, and chocolates surging. According to the National Bureau of Statistics, Nigeria's …
Contact Us Via WhatsAppNigeria has witnessed at least 735 mass abductions with 15,398 people abducted since 2019, a new report by SBM Intelligence says. SBM defines a mass abduction event as a "kidnapping incident in which criminal gangs or …
Contact Us Via WhatsAppIn Nigeria, mob violence has tragically claimed the lives of 227 persons in two years, according to recent findings by SBM Intelligence. The incidents occurring between late May 2022 and June 2024 underscored a …
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Contact Us Via WhatsAppNigeria's headline inflation surged to 28.92% in December 2023, up 0.72% from November 2023, according to the National Bureau of Statistics (NBS). Month-on-month, December saw a 2.29% inflation ...
Contact Us Via WhatsAppAs Nigeria marks its 64th year of independence from the British colonial rule, the mood across the nation is mixed. ... According to the National Bureau of Statistics (NBS), over …
Contact Us Via WhatsAppThe SBM Jollof Index: Food prices enter geostationary orbit In Q2 2021, the prices of major food items continued to rise rapidly on average. According to data from the National …
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Contact Us Via WhatsAppNigeria's inflation rate dropped for the second consecutive month in August 2024, falling to 32.15% year-on-year from 33.40% in July, according to the National Bureau of Statistics (NBS).
Contact Us Via WhatsAppThe National Bureau of Statistics (NBS) announced it will rebase Nigeria's Gross Domestic Product (GDP) and Consumer Price Index (CPI) in November to ensure economic …
Contact Us Via WhatsAppSince 2016, SBM Intelligence has monitored changes in food prices by tracking the cost of making a pot of Jollof rice, a regional staple, for a family of five. Prices of critical food ingredients are …
Contact Us Via WhatsAppA General Survey by Nigeria's National Bureau of Statistics reveals that nearly two-thirds of Nigerian s face hunger due to financial constraints. The proportion of …
Contact Us Via WhatsAppThe School-Based Management (SBM) system in Nigeria dates back to the colonial times when School Management Committees (SMCs) managed and raised funds for schools. The activities …
Contact Us Via WhatsAppOn April 4, following a violent March 28 attack on the Abuja-Kaduna train route, the Catholic Bishops' Conference of Nigeria put out a statement, "Nigeria: A Nation Groans in Pains," which …
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Contact Us Via WhatsAppby the Nigeria Bureau of Statistics, to ensure that the institution ... Data sources: CFRN1999, NBS, SBM Intelligence A SUMMARY OF NIGERIAN INFLATION FROM INDEPENDENCE TO …
Contact Us Via WhatsAppAccording to SBM intelligence, in the first six months of 2021, 2,371 (FY 2020: 2,860) Nigerians were reportedly kidnapped while 10,366 (2020: 7,063) Nigerians were killed in 2021. Over the last five years (2016 – 2021), it is …
Contact Us Via WhatsAppAccording to the National Bureau of Statistics (NBS), a staggering 86 million people in this region lived in multidimensional poverty as of 2022. Despite being home to roughly 70 percent of Nigeria's population, the North …
Contact Us Via WhatsAppNigeria's agricultural Foreign Direct Investment (FDI) rose by 226.45 percent in the first three months of 2024 compared to the same period in 2023, amid worsening insecurity. Data from the ...
Contact Us Via WhatsAppSBM Intelligence is an Africa-focused market/security intel gathering and strategic consulting firm. It is a leader in strategic research, providing actionable analyses of West Africa's socio-political …
Contact Us Via WhatsAppOver the year, Nigeria's tax-to-GDP ratio has been estimated at 6% by the National Bureau of Statistics. However, in a recent collaborative effort between the Federal Inland …
Contact Us Via WhatsAppFarmers in the North-West region paid N139.5 million to bandits as levies within a period of four years (2020-2023), a new report has said. The report, titled 'Levies or Lives – …
Contact Us Via WhatsAppAccording to the report titled 'The Economics of Nigeria's Kidnap Industry by SBM Intelligence, an Africa-focused geopolitical research and strategic communications consulting …
Contact Us Via WhatsAppAccording to SBM Intelligence, bandits extorted N139.5 million from farmers in the North-West from 2020 to 2023. This extortion has significantly impacted food prices and contributed to the 29.90 per cent inflation rate and …
Contact Us Via WhatsAppAfrica-focused market intelligence concern, SBM Intelligence, says Nigeria's challenging business environment, worsened by the removal of the petrol subsidy and naira …
Contact Us Via WhatsAppNigeria's inflation has surged over the past four months, reaching a near 30-year high of 33.2% at the end of 2024. ... according to the National Bureau of Statistics, and SBM's …
Contact Us Via WhatsAppA report by SBM Intelligence, a Nigerian geopolitical intelligence platform, has revealed that at least 3,133 people were killed in different violent attacks across Nigeria in the second quarter (April-June) of 2021, with the …
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Contact Us Via WhatsAppData from the National Bureau of Statistics shows that Foreign Direct Investment in agriculture reached $15.80 million in the first quarter of 2024, up from $4.84 million in the same quarter of...
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