Sami Tunji, Author at Nairametrics Destination for Business news and analysis from Africa's largest economy Mon, 30 Jun 2025 16:01:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Sami Tunji, Author at Nairametrics 32 32 201037849 Addressing Nigeria’s broken food supply chain is crucial for poverty alleviation  https://nairametrics.com/2025/06/30/addressing-nigerias-broken-food-supply-chain-is-crucial-for-poverty-alleviation/ https://nairametrics.com/2025/06/30/addressing-nigerias-broken-food-supply-chain-is-crucial-for-poverty-alleviation/#respond Mon, 30 Jun 2025 16:01:25 +0000 https://nairametrics.com/?p=518190 Despite years of government-led poverty alleviation programmes, Nigeria’s hunger crisis continues to deepen. The disconnect lies not in the absence of social interventions but in their detachment from the core realities of food production and distribution.

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]]> https://nairametrics.com/2025/06/30/addressing-nigerias-broken-food-supply-chain-is-crucial-for-poverty-alleviation/feed/ 0 518190 Health inflation slows to 17.50% in February 2025 amid CPI rebasing  https://nairametrics.com/2025/03/21/health-inflation-slows-to-17-50-in-february-2025-amid-cpi-rebasing/ https://nairametrics.com/2025/03/21/health-inflation-slows-to-17-50-in-february-2025-amid-cpi-rebasing/#respond Fri, 21 Mar 2025 08:47:14 +0000 https://nairametrics.com/?p=511532 Nigeria’s health inflation rate eased to 17.50% in February 2025, reflecting a slowdown in the pace of price increases for medical goods and services. 

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]]> https://nairametrics.com/2025/03/21/health-inflation-slows-to-17-50-in-february-2025-amid-cpi-rebasing/feed/ 0 511532 Scarcity of affordable housing options in Abuja traps poor Nigerians in slums  https://nairametrics.com/2024/11/04/scarcity-of-affordable-housing-options-in-abuja-traps-poor-nigerians-in-slums/ https://nairametrics.com/2024/11/04/scarcity-of-affordable-housing-options-in-abuja-traps-poor-nigerians-in-slums/#respond Mon, 04 Nov 2024 14:39:30 +0000 https://nairametrics.com/?p=501615 It is the irony in its name that first strikes you when you get to the area called Kings and Queens in Bwari, Federal Capital Territory (FCT). There is nothing royal about the area as you will find a cluster of crowded houses too congested for cross ventilation on a rocky, slovenly path that if […]

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]]> https://nairametrics.com/2024/11/04/scarcity-of-affordable-housing-options-in-abuja-traps-poor-nigerians-in-slums/feed/ 0 501615 Credit to government surges by N11 trillion in one month as private sector pays off debt  https://nairametrics.com/2024/09/30/credit-to-government-surges-by-n11-trillion-in-one-month-as-private-sector-pays-off-debt/ https://nairametrics.com/2024/09/30/credit-to-government-surges-by-n11-trillion-in-one-month-as-private-sector-pays-off-debt/#respond Mon, 30 Sep 2024 07:05:19 +0000 https://nairametrics.com/?p=499103 Credit to the government surged by over N11 trillion in the month of August 2024, as high interest rates make government securities more attractive to investors. 

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]]> https://nairametrics.com/2024/09/30/credit-to-government-surges-by-n11-trillion-in-one-month-as-private-sector-pays-off-debt/feed/ 0 499103 World Bank approves $1.57 billion for Nigeria’s three projects  https://nairametrics.com/2024/09/30/world-bank-approves-1-57-billion-for-nigerias-three-projects/ https://nairametrics.com/2024/09/30/world-bank-approves-1-57-billion-for-nigerias-three-projects/#respond Mon, 30 Sep 2024 06:05:05 +0000 https://nairametrics.com/?p=499098 The World Bank has approved three new projects for Nigeria, totalling $1.57 billion in financing.  

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]]> https://nairametrics.com/2024/09/30/world-bank-approves-1-57-billion-for-nigerias-three-projects/feed/ 0 499098 Minister of Power says 40% of Nigerians enjoying 20 hours of daily electricity supply  https://nairametrics.com/2024/09/29/minister-of-power-says-40-of-nigerians-enjoying-20-hours-of-daily-electricity-supply/ https://nairametrics.com/2024/09/29/minister-of-power-says-40-of-nigerians-enjoying-20-hours-of-daily-electricity-supply/#respond Sun, 29 Sep 2024 18:36:41 +0000 https://nairametrics.com/?p=499094 The Minister of Power, Adebayo Adelabu, has said that more than 40% of Nigerians now enjoy over 20 hours of electricity daily.   He said this in a statement on Sunday detailing a review of the Ministry of Power’s activities over the past year.  Adelabu emphasized that these achievements are part of the government’s broader effort […]

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]]> https://nairametrics.com/2024/09/29/minister-of-power-says-40-of-nigerians-enjoying-20-hours-of-daily-electricity-supply/feed/ 0 499094 Average prices of 11 staple food items in Nigeria drop in August – NBS https://nairametrics.com/2024/09/29/average-prices-of-11-staple-food-items-in-nigeria-drop-in-august-nbs/ https://nairametrics.com/2024/09/29/average-prices-of-11-staple-food-items-in-nigeria-drop-in-august-nbs/#respond Sun, 29 Sep 2024 17:09:29 +0000 https://nairametrics.com/?p=499086 The average prices of 11 key staple food items in Nigeria saw a noticeable decline compared to the previous month.  This is according to the National Bureau of Statistics (NBS) food price report for August 2024.  The report highlights the month-on-month (MoM) percentage changes in the average prices of these staples, suggesting a temporary easing […]

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]]> https://nairametrics.com/2024/09/29/average-prices-of-11-staple-food-items-in-nigeria-drop-in-august-nbs/feed/ 0 499086 Rural unemployment rises to 4.3% in Q1 2024 as Nigeria’s labour force participation drops  https://nairametrics.com/2024/09/29/rural-unemployment-rises-to-4-3-in-q1-2024-as-nigerias-labour-force-participation-drops/ https://nairametrics.com/2024/09/29/rural-unemployment-rises-to-4-3-in-q1-2024-as-nigerias-labour-force-participation-drops/#respond Sun, 29 Sep 2024 13:58:00 +0000 https://nairametrics.com/?p=499083 Rural unemployment in Nigeria has surged to 4.3% in the first quarter of 2024. It rose from 2.9% in Q1 2023, a 1.4%-point increase, and up 0.3%-point from Q3 2023.   This is according to the Nigeria Labour Force Survey (NLFS) report released by the National Bureau of Statistics (NBS).  The figures from the report reflect […]

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]]> https://nairametrics.com/2024/09/29/rural-unemployment-rises-to-4-3-in-q1-2024-as-nigerias-labour-force-participation-drops/feed/ 0 499083 Nigeria’s Bank reserves with CBN surge to N26.8 trillion amid aggressive CRR policy https://nairametrics.com/2024/09/29/nigerias-bank-reserves-with-cbn-surge-to-n26-8-trillion-amid-aggressive-crr-policy/ https://nairametrics.com/2024/09/29/nigerias-bank-reserves-with-cbn-surge-to-n26-8-trillion-amid-aggressive-crr-policy/#respond Sun, 29 Sep 2024 13:04:37 +0000 https://nairametrics.com/?p=499067 Nigeria’s banking reserves surged to N26.8 trillion in August 2024, a substantial increase from N19.4 trillion a year earlier

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]]> https://nairametrics.com/2024/09/29/nigerias-bank-reserves-with-cbn-surge-to-n26-8-trillion-amid-aggressive-crr-policy/feed/ 0 499067 Nigeria’s Money Supply hits N107.1 trillion in August 2024, adding N42.2 trillion in one year https://nairametrics.com/2024/09/28/nigerias-money-supply-hits-n107-1-trillion-in-august-2024-adding-n42-2-trillion-in-one-year/ https://nairametrics.com/2024/09/28/nigerias-money-supply-hits-n107-1-trillion-in-august-2024-adding-n42-2-trillion-in-one-year/#respond Sat, 28 Sep 2024 13:24:42 +0000 https://nairametrics.com/?p=499020 Nigeria's money supply (M2) surged to a new high of N107.1 trillion in August 2024, marking a 0.75% month-on-month (M-o-M) increase

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]]> https://nairametrics.com/2024/09/28/nigerias-money-supply-hits-n107-1-trillion-in-august-2024-adding-n42-2-trillion-in-one-year/feed/ 0 499020 Federal Government raises N264.527 billion from September bond auction amid lower rates https://nairametrics.com/2024/09/28/federal-government-raises-n264-527-billion-from-september-bond-auction-amid-lower-rates/ https://nairametrics.com/2024/09/28/federal-government-raises-n264-527-billion-from-september-bond-auction-amid-lower-rates/#respond Sat, 28 Sep 2024 10:28:37 +0000 https://nairametrics.com/?p=499014 The Nigerian Federal Government has raised N264.527 billion at its September bond auction, according to the Debt Management Office (DMO). 

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]]> https://nairametrics.com/2024/09/28/federal-government-raises-n264-527-billion-from-september-bond-auction-amid-lower-rates/feed/ 0 499014 Insecurity forces closure of five microfinance banks in the southeast in September 2023 – NDIC  https://nairametrics.com/2024/09/27/insecurity-forces-closure-of-five-microfinance-banks-in-the-southeast-in-september-2023-ndic/ https://nairametrics.com/2024/09/27/insecurity-forces-closure-of-five-microfinance-banks-in-the-southeast-in-september-2023-ndic/#respond Fri, 27 Sep 2024 15:15:58 +0000 https://nairametrics.com/?p=498911 At least five microfinance banks (MFBs) in Nigeria’s southeast were shut down in September 2023 due to insecurity in the region. Pamela Roberts, Deputy Director of the Nigeria Deposit Insurance Corporation (NDIC) at the Enugu Zonal Office, disclosed this at the ongoing NDIC Workshop for Business Editors and Finance Correspondents Association of Nigeria (FICAN), held […]

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]]> https://nairametrics.com/2024/09/27/insecurity-forces-closure-of-five-microfinance-banks-in-the-southeast-in-september-2023-ndic/feed/ 0 498911 86% of Nigerians in labour force have no post-secondary education in 2023  https://nairametrics.com/2024/09/26/86-of-nigerians-in-labour-force-have-no-post-secondary-education-in-2023/ https://nairametrics.com/2024/09/26/86-of-nigerians-in-labour-force-have-no-post-secondary-education-in-2023/#respond Thu, 26 Sep 2024 13:28:29 +0000 https://nairametrics.com/?p=498681 At least 86% of 88.9 million Nigerians in the labour force have no post-secondary education in 2023. 

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]]> https://nairametrics.com/2024/09/26/86-of-nigerians-in-labour-force-have-no-post-secondary-education-in-2023/feed/ 0 498681 10 most expensive staple foods to buy in Nigeria in August 2024  https://nairametrics.com/2024/09/26/10-most-expensive-staple-foods-to-buy-in-nigeria-in-august-2024/ https://nairametrics.com/2024/09/26/10-most-expensive-staple-foods-to-buy-in-nigeria-in-august-2024/#respond Thu, 26 Sep 2024 11:34:14 +0000 https://nairametrics.com/?p=499064 The cost of living in Nigeria is high but moderating, with August 2024 Consumer Price Index (CPI) data showing a slowdown in inflation rates across both all items and food. 

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]]> https://nairametrics.com/2024/09/26/10-most-expensive-staple-foods-to-buy-in-nigeria-in-august-2024/feed/ 0 499064 CBN to sell another $20,000 to each BDC at N1,590/$1, limits profit margin to 1% https://nairametrics.com/2024/09/25/cbn-to-sell-another-20000-to-each-bdc-at-n1590-1-limits-profit-margin-to-1/ https://nairametrics.com/2024/09/25/cbn-to-sell-another-20000-to-each-bdc-at-n1590-1-limits-profit-margin-to-1/#respond Wed, 25 Sep 2024 21:40:00 +0000 https://nairametrics.com/?p=498643 The CBN has announced the approval of the sale of an additional $20,000 to each eligible Bureau de Change operator (BDC) in the country. 

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]]> https://nairametrics.com/2024/09/25/cbn-to-sell-another-20000-to-each-bdc-at-n1590-1-limits-profit-margin-to-1/feed/ 0 498643 NBS says 84% of working-class Nigerians are self-employed  https://nairametrics.com/2024/09/25/nbs-says-84-of-working-class-nigerians-are-self-employed/ https://nairametrics.com/2024/09/25/nbs-says-84-of-working-class-nigerians-are-self-employed/#respond Wed, 25 Sep 2024 07:59:36 +0000 https://nairametrics.com/?p=498581 The National Bureau of Statistics (NBS) has disclosed that 84% of Nigeria’s working-class population is self-employed in the first quarter of 2024, reflecting a decrease from the 87.3% recorded in Q3 2023. 

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]]> https://nairametrics.com/2024/09/25/nbs-says-84-of-working-class-nigerians-are-self-employed/feed/ 0 498581 Nigeria’s export to Niger Republic jumps by 204% after border reopening  https://nairametrics.com/2024/09/25/nigerias-export-to-niger-republic-jumps-by-204-after-border-reopening/ https://nairametrics.com/2024/09/25/nigerias-export-to-niger-republic-jumps-by-204-after-border-reopening/#respond Wed, 25 Sep 2024 07:52:20 +0000 https://nairametrics.com/?p=498580 Nigeria’s export volume to Niger Republic has surged significantly in the second quarter of 2024

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]]> https://nairametrics.com/2024/09/25/nigerias-export-to-niger-republic-jumps-by-204-after-border-reopening/feed/ 0 498580 CBN to sanction banks for not dispensing cash via ATMs, plans N1.4 trillion for circulation  https://nairametrics.com/2024/09/25/cbn-to-sanction-banks-for-not-dispensing-cash-via-atms-plans-n1-4-trillion-for-circulation/ https://nairametrics.com/2024/09/25/cbn-to-sanction-banks-for-not-dispensing-cash-via-atms-plans-n1-4-trillion-for-circulation/#respond Wed, 25 Sep 2024 06:32:38 +0000 https://nairametrics.com/?p=498566 The Central Bank of Nigeria (CBN) has announced that it will sanction banks failing to dispense cash through their automated teller machine (ATMs), as part of efforts to ensure sufficient cash in circulation. 

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]]> https://nairametrics.com/2024/09/25/cbn-to-sanction-banks-for-not-dispensing-cash-via-atms-plans-n1-4-trillion-for-circulation/feed/ 0 498566 Dangote says it’s right time to remove subsidy in Nigeria, plans tracker for oil trucks  https://nairametrics.com/2024/09/24/dangote-says-its-right-time-to-remove-subsidy-in-nigeria-plans-tracker-for-oil-trucks/ https://nairametrics.com/2024/09/24/dangote-says-its-right-time-to-remove-subsidy-in-nigeria-plans-tracker-for-oil-trucks/#respond Tue, 24 Sep 2024 09:30:33 +0000 https://nairametrics.com/?p=498520 Alhaji Aliko Dangote, President and Chief Executive of Dangote Group, has urged the Nigerian Federal Government to fully remove fuel subsidies. 

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]]> https://nairametrics.com/2024/09/24/dangote-says-its-right-time-to-remove-subsidy-in-nigeria-plans-tracker-for-oil-trucks/feed/ 0 498520 Average diesel price hits N1,406.05/liter as local marketers boycott Dangote Refinery products  https://nairametrics.com/2024/09/24/average-diesel-price-hits-n1406-05-liter-as-local-marketers-boycott-dangote-refinery-products/ https://nairametrics.com/2024/09/24/average-diesel-price-hits-n1406-05-liter-as-local-marketers-boycott-dangote-refinery-products/#respond Tue, 24 Sep 2024 07:28:10 +0000 https://nairametrics.com/?p=498508 The average price of diesel in Nigeria has risen by 1.93% month-on-month in August 2024, reaching N1,406.05 per liter. 

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]]> https://nairametrics.com/2024/09/24/average-diesel-price-hits-n1406-05-liter-as-local-marketers-boycott-dangote-refinery-products/feed/ 0 498508