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Monday, August 15, 2022

Nigeria’s Inflation Rate Peaks At 19.64% — Highest Since 2005

The consumer price index (CPI), which measures the rate of change in good and service prices, increased to 19.64 percent in July 2022, up...

‘I Am Not Violating The Law’ – Keyamo

Festus Keyamo, the Minister of state for Labour and Employment said that his acceptance to be the spokesman of the All Progressive Campaign (APC)...

BREAKING: Nigeria’s Inflation Hits Highest In 17 Years

The National Bureau of Statistics (NBS), has reported that Nigeria's inflation increased to 19.64% in July 2022, the highest since September 2005. NBS, in its...

FG Moves To Create Engineering Protocols To Reduce Infrastructure Failure

To reduce infrastructure failures and notable incidences of building collapse, the Federal Government is working with partners in the construction industry to establish the...

Nigeria’s N9tn Oil Revenue Threatened By Theft – FG

Between January and July 2022, Nigeria's oil output fell by 28 million barrels, endangering the Federal Government's N9.37tn oil and gas income target for...

Nigeria’s External Reserves Drops By $337m In Two Weeks

Nigeria's foreign reserves fell by $337 million in the first two weeks of August, continuing a downward trend that began in the middle of...

Nigeria’s Financial Debt To World Bank Up By $660m

Nigeria's overall debt to the World Bank Group increased by $660 million in the first six months of 2022, This is based on data...

Seven Months Of Rewarding Customers In The Stanbic IBTC Reward4Saving Promo Draws

In a bid to keep inspiring Nigerians to develop a healthy savings culture, Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, held its...

Cashless Transactions Up By 41%, Hits N210tn In Seven Months

According to statistics from the Nigeria Inter-Bank Settlement System (NIBSS), cashless transactions in Nigeria increased by 40.66 percent year on year to N210.08 trillion...

Cooking Gas Prices Increase By Over 100% In 12-month

Cooking gas prices in Nigeria, have increased by at least 100% between August 2021 and August 2022. This is according to recently-done research. In what...

We Have Not Recognized Any APC Senatorial Candidate In Yobe, A’Ibom – INEC

The Independent National Electoral Commission (INEC) said that the All Progressives Congress (APC) has no candidate for Yobe North and Akwa Ibom North West...

NNPC Reveals Plan To Tackle Oil Theft

The Nigerian National Petroleum Company Limited (NNPC), has disclosed its plan to partner with security agencies, and other stakeholders, in its fight against oil...

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