By Victor Ejechi When the World Bank raised Nigeria’s 2026 growth projection to 4.4 percent, it offered something the country has been short of in recent years: cautious optimism backed by data. After a prolonged period of macroeconomic stress marked by currency volatility, inflation spikes and weak investor confidence, an upward revision matters. It signals […]
By Victor Ejechi Nigeria’s inflation figures for December 2025 were released on Thursday, and a closer look at the data reveals an unusual shift. The year-on-year inflation rates for earlier months in 2025, particularly November, no longer match the figures published just weeks earlier. For instance, the National Bureau of Statistics had reported headline inflation […]
BY VICTOR EJECHI When President Bola Tinubu announced that Nigeria’s inflation rate would drop from 34.6 percent to 15 percent by the end of 2025, the declaration sounded like a political flourish—one more lofty projection in a country where people are used to grand promises dissolving into thin air. Yet, as we stand today with […]
BY VICTOR EJECHI When the National Bureau of Statistics (NBS) released the latest Internally Generated Revenue (IGR) figures for 2024, several state governments were quick to celebrate. From Enugu’s record-breaking N180 billion to Rivers’ N317 billion and Lagos’ colossal N1.26 trillion, the numbers seemed to tell a story of growing fiscal independence. But a deeper […]
By Victor Ejechi I have spent the last few years making sense of Nigeria through numbers. From my early days at StatiSense to heading TheCable Index and now leading insights at SBM Intelligence, data has been the constant thread connecting my work. Across all these roles, one thing has remained clear to me: data tells […]
BY VICTOR EJECHI If politics was once about rallies in stadiums and motorcades through dusty towns, today it often begins with a notification on your phone. A Space goes live on X (formerly Twitter), hosted by a familiar influencer, joined by hundreds or thousands of listeners. The topic might read, “Is Nigeria ready for real […]
By Victor Ejechi When compressed natural gas (CNG) was being sold at N230 per standard cubic metre (SCM), it was marketed as the people’s alternative to expensive petrol. It was cheaper, cleaner, and supposedly shielded from the subsidy politics that has haunted Nigeria for decades. But this week, the promise dimmed: the price jumped by […]