Economy
-
Breaking down IMF’s ranking of Nigeria as major contributor to world GDP
A recent report released by the International Monetary Fund placed Nigeria among the top 10 contributors to global real Gross…
Read More » -
VAT on Bank Charges: What you need to know
Full Text Recently, social media platforms and some news outlets were flooded with claims that the Nigerian government had introduced…
Read More » -
What FG MFBs license upgrade means for OPay, Kuda, others
The Federal Government has announced its decision to upgrade the licenses of Financial Technology (fintech) enterprises such as OPAY, PalmPay,…
Read More » -
False! Liberia’s 2024 Gross International Reserve, not $475 million
Claim: President Joseph Boakai claimed that Liberia’s 2024 Gross International Reserve was $475 million. Verdict: Data from the Central Bank…
Read More » -
Nigeria’s tax laws: Where does bank transfer narration stand?
Full Text Since the new tax law took effect in January 2026, the Nigerian internet space has been flooded with…
Read More » -
Does Nigeria’s lower unemployment rate reflect government economic reforms?
Claim: A chieftain of the All Progressives Congress, Biodun Ajiboye, during an interview on Channels TV, claimed the unemployment rate…
Read More » -
False! Ministry of Agriculture’s draft 2026 budget, not $13 million
Claim: Deputy Minister Daniel Sando claims that “$13 million is allocated in the 2026 draft national budget for the Ministry…
Read More » -
Budget for Liberia National Police in 2026 draft budget is not US$8 million
Claim: A student’s leader at the University of Liberia states that “The budget for the Liberia National Police (LNP) in…
Read More » -
Misleading! MCC 2026 Scorecard for Sierra Leone not worst ever
Claim: A Facebook user, Tunde Scott, claimed that the 2026 Millennium Challenge Compact Fiscal Year Report for Sierra Leone is…
Read More » -
Did the Ministry of Internal Affairs budget rise from $14m to $57m in 2026?
Claim: Liberia’s Action TV posted that the Ministry of Internal Affairs’ budget for 2026 has been heavily increased by the…
Read More »