Sex & gender Economy What share of Nigeria's female population is employed by SMEs in Nigeria? Source Africa Check FACTSHEET: What the numbers say about the fortunes of Nigeria’s women Short answer What share of Nigeria's female population is employed by SMEs in Nigeria? The statistical report on women and men showed 43.43% of people employed by these businesses were women. ... Back Full answer
Economy How much of Nigeria’s oil assets are held by individuals? Source Africa Check FACTSHEET: What the numbers say about the fortunes of Nigeria’s women Short answer How much of Nigeria’s oil assets are held by individuals? According to the Organization of the Petroleum Exporting Countries (Opec), Nigeria has 36.9 billion barrels of crude oil reserves. These are held in oil blocks owned by both companies and individuals. Exploration and crude export activities in these oil blocks sometimes use a joint venture, an ag... Back Full answer
Economy What is the eNaira? Source Government of Nigeria: eNaira Short answer What is the eNaira? The eNaira is the Nigerian digital currency that is issued and regulated by the Central Bank of Nigeria. To start using the eNaira, you have to download the app from either the Google Play Store or Apple Store. You then enter identification details and after these are validated your account is ac... Back Full answer
Economy What is bitcoin and how does it work? Source What Is Bitcoin And How Does It Work? – Forbes Advisor Short answer What is bitcoin and how does it work? Bitcoin is a decentralised digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Each and every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. Core ... Back Full answer
Economy How true is the claim Rivers State has never allocated less than 30% of its budget to education? Source 2021 Rivers State approved budget Short answer How true is the claim Rivers State has never allocated less than 30% of its budget to education? According to the Rivers State approved budget, in 2020 the sum of N49.471 billion was proposed for the education sector which represents 9% of the state’s total budget. In 2021, some N30.466 billion was allocated to education representing 6.7% of the state’s total budget. ... Back Full answer
Economy #YouAsked Is Ghana the country with the highest number of mobile money users in Africa? Source The 2017 Global Findex database Short answer Is Ghana the country with the highest number of mobile money users in Africa? No. According to the World Bank’s latest Global Findex database, 73% of adults in Kenya had a mobile money account in 2017. In Uganda and Zimbabwe, the figure stood at about 50%.The share of adults owning a mobile money account in Ghana in 2017 was 39%. ... Back Full answer
Economy Is President Buhari's food and travel budget N3.2 billion? Source Budget Office of the Federation Short answer Is President Buhari's food and travel budget N3.2 billion? No. It is N550 million less. According to the president's 2020 budget, 2,526,899,156 (N2.53 billion) was budgeted for the president’s travel and transport; 1,751,296, 576 (N1.75 billion) for international travel and transport, 775,602,580 (N775.60 million) for local travel and transport and 98,306... Back Full answer
Economy What is Ghana's debt to gross domestic product? Source GhanaFact Fact Check: Mahama’s claim on Ghana’s debt-to-GDP ratio in a BBC interview Short answer What is Ghana's debt to gross domestic product? Ghana’s debt-to-GDP rose to 71% as of 30 September 2020, according to the latest figures from the Bank of Ghana. However, the International Monetary Fund forecasts the country’s debt-to-GDP ratio will drop or rise slightly to 74.7% of the GDP in 2021. ... Back Full answer
Economy Does Anambra state owe N200bn? Source Anambra State Debt Sustainability Analysis Short answer Does Anambra state owe N200bn? No. According to the government of Anambra State, as at 31 December 2020, it has a total of N85.197 billion in outstanding debt (N40.561bn external and N44.636bn domestic). ... Back Full answer