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SBM INTELLIGENCE
The cost of preparing a pot of jollof rice in Nigeria has increased significantly, with the average now standing at N27,527.85 — a 153% increase between March 2023 and June 2025.
A new report by research firm SBM Intelligence has highlighted gaps in the handling of Nigeria’s telecommunications sector under the leadership of Dr. Bosun Tijani, Minister of Communications, Innovation and Digital Economy, raising concerns about the disconnect between the Ministry’s digital ambitions and ground-level realities.
Foreign direct investment (FDI) and portfolio inflows into the economies of Nigeria and other West African nations may sharply fall as a result of the Israel-Iran conflict.
The sit-at-home protests enforced by the Indigenous People of Biafra (IPOB) since August 2021 have inflicted devastating economic and security damage across Southeast Nigeria, resulting in N7.6 trillion in economic losses.
Nigeria has been classified as "vulnerable" to instability in 2024, according to the latest SBM Intelligence Africa Country Instability Risk Index.
Risk consultancy firm, SBM Intelligence, has said that allegations of bribery request levelled against Nigerian government officials by the CEO of Binance, Richard Teng, could hinder the country’s foreign investment drives.
No fewer than 13 people were killed in 36 incidents across Nigeria during the country's 2023 presidential elections held last month.
The experts discussed the issue of fuel subsidy removal and how the policy could resolve challenges in the country’s oil industry
The experts recommended two important steps that Nigeria's incoming President should take towards addressing some of the economic challenges bedevilling the country
Given the recent growth the Nigerian economy has experienced, it is expected that the growth would fully outperform...
The cost of making a pot of jollof rice for a family of five has risen by 4.98%...
At least 3,133 Nigerians were reportedly killed in Nigeria in the second quarter of the year in violent...