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Saturday, November 26, 2022

Nigeria Records $2bn Loss To Oil Theft -Senate Committee

Nigeria lost $2 billion to oil theft between January and August 2022. This is according to the ad-hoc committee set up by the Senate...

Joint AfCFTA Implementation Support Project Announces Progress Update

The African Continental Free Trade Area Implementation Support Project, a joint project established and funded by the United Nations Economic Commission for Africa (ECA),...

Buhari Launches Oil, Gas Refinery In Bauchi, Gombe

President Muhammadu Buhari has officially launched the Kolmani Integrated Development Project (KIPRO), which is located on the border of Bauchi and Gombe states. The KIPRO...

CBN Increases Interest Rate From 15.5% to 16.5%

The Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) has increased the monetary policy rate to 16.5% from 15.5%, while all other parameters...

Japa: Osinbajo Voices Concern Over Brain Drain

Vice President Yemi Osinbajo has expressed concern about Nigerian workers migrating to countries such as Canada, the United Kingdom, and the United States. Osinbajo made...

Buhari To Showcase New Naira Notes On Wednesday

Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), announced that President Muhammadu Buhari will unveil the newly designed ₦1,000, ₦500, and ₦200...

Breaking News: Court Orders INEC To Resume Voter Registration

The Federal High Court in Abuja has directed the Independent National Electoral Commission (INEC) to restart CVR till 90 days before the 2023 general...

African Startups Are Weathering Funding Storm With Acquisitions

A new report from Africa’s foremost digital economy consultancy, TechCabal Insights has revealed that acquisitions have become more frequent in Africa’s tech ecosystem, showing...

First-Ever Open Africa Business Forum To Hold In Moscow

The first-ever Open Africa Business Forum and the historic Russia-African business convection has been scheduled to take place in Moscow on February 2  2023. The Open...

NBS Unveils Poverty Rate, 10 Poorest States

The National Bureau of Statistics (NBS) recently published a publication that meticulously details the state of poverty in Africa's heart. The National Bureau of Statistics...

Gas Price Increased By 0.21% In October – NBS

The National Bureau of Statistics (NBS) revealed that average price of 5kg cooking gas increased by 0.21% from N4,474.48 in September to N4,483.75 in...

Food Insecurity: Ignore IMF, FG Tells Nigerians

The Federal Government (FG), has cautioned Nigerians against taking the International Monetary Fund (IMF) seriously, as it assured that measures were in place to...

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