Inflation Rate Spikes to 25.08% over High Food Prices
Inflation Rate Spikes to 25.08% over High Food Prices Supported by high food prices in the market, Nigeria’s headline inflation rate spiked by 172 basis points to 25.80% in August…
Nigeria, South Africa Sign Landmark Regulatory Deal on Aviation Security, Safety
Nigeria, South Africa Sign Landmark Regulatory Deal on Aviation Security, Safety The Nigeria Civil Aviation Authority (NCAA) and the South African Civil Aviation Authority (SACAA) have signed a landmark deal…
Nigeria’s Debt Rises to N87.4trn, External Debt 38%
Nigeria’s Debt Rises to N87.4trn, External Debt 38% Following a decision to securitise overdraft obtained from the Central Bank, Nigeria’s total public debt has increased strongly to about N87.4 trillion.…
Kano Commissioner Accused Of Threatening Election Tribunal Judges Sacked By Gov. Abba Yusuf
he Kano State Governor, Abba Yusuf, has sacked the Commissioner for Lands and Physical Planning, Adamu Kibiya, for issuing death threats to the tribunal judges hearing the governorship election petitions…
French Ambassador And Diplomats Held ‘Hostage’ At Niger Embassy Says Macron
The French ambassador to Niger and other French diplomats are “literally being held hostage at the French embassy.” The French president, Emmanuel Macron, said so today, Friday, September 15. He…
Yield on T-Bills Steadies After Higher Spot Rates Offer
Yield on T-Bills Steadies After Higher Spot Rates Offer Trading activities in the Nigerian Treasury bills secondary market were quiet, as the average yield remained at 8.0%. Similarly, the average…
Resources: Nigeria Has No Business Being Poor – Tinubu
Resources: Nigeria Has No Business Being Poor – Tinubu President Bola Tinubu, on Thursday, said Nigeria had no business being poor, having been blessed with enormous human and natural resources…
Naira: Nigeria Back to Square One as FX Gap Hits N170
Naira: Nigeria Back to Square One as FX Gap Hits N170 The Central Bank of Nigeria (CBN) may be back to square one as the gap between exchange rate quotes…
Tinubu Appoints Zacch Adedeji as Acting Chairman of FIRS
Tinubu Appoints Zacch Adedeji as Acting Chairman of FIRS President Bola Tinubu has appointed Zacch Adedeji, his Special Adviser on Revenue, as the new acting Chairman of the Federal Inland…
Electricity: Grid Restoration at Advanced Stage – TCN
Electricity: Grid Restoration at Advanced Stage – TCN The Transmission Company of Nigeria (TCN) has said that the national grid restoration nationwide has reached advanced stages. This is contained in…