16 May 2022
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Inflation Rises To 16.82% In April 2022 - NBS

The National Bureau of Statistics, NBS, said inflation rate rose to 16.82 percent in April  2022, representing a 0.90 percent rise when compared to 15.92  per cent reco...

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UK Uncovers Fresh $23.4m Abacha Loot

The National Crime Agency (NCA) in the UK says it has recovered $23,439,724.98 loot believed to have been siphoned out of Nigeria in the 1990s by the associates and famil...

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Over 5,000 Debtors Owe FG N5.2trn, Says Finance Minister

Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed has said the Federal Government will enforce the recovery of N5.2 trillion debt owed by over 5,000 d...

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BUA Chairman, Alhaji Abdulsamad Vows Not To Increase Products’ Price During Ramadan

The Chairman, BUA Group of Companies, Alhaji Abdulsamad Isyaku Rabiu, has promised Nigerians that the company will not increase the price of its products now or during th...

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President Buhari Suspends Proposed Removal Of Petrol Subsidy Indefinitely

President Muhammadu Buhari has approved the suspension of the planned removal of petroleum products subsidy until further notice. This was disclosed to State House Cor...

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President Buhari Unveils 1 Million Bags Of Rice Pyramids In Abuja (Pictures)

The Executive Governor of Jigawa state Alhaji Mohammed Badaru Abubakar joins President Muhammadu Buhari to unveil the FCT MEGA rice pyramids in Abuja. The One million ...

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Nigeria's Debt Stock Hits ₦39.6 Trillion In 11 Months

Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed...

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Nigeria To Pay More For Petrol Subsidy As Oil Prices Hit Two Month High

Oil prices continued their surge yesterday, hitting a two-month high amid projections that lack of production capacity and limited investment in the sector could lift cru...

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NDDC Audit: We'll Recover Every Missing Fund, Culpable Person'll Face Law, Buhari Vows

President Muhammadu Buhari Thursday in Abuja said the concluded forensic audit of the Niger Delta Development Commission (NDDC) was being reviewed, with a view to recover...

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Gov. Ikpeazu Launches 'Easy-Credit' To Grant Abia Traders, Artisans Access To Funding

As part of efforts to boost small and medium sized businesses in Abia as well as stimulating economic growth, the State governor, Okezie Ikpeazu has unveiled Easy-Credit,...

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Emirati Minister Insists It’ll Be Unreasonable To Retain Air Peace Slots At Sharjah Airport After Nigeria-UAE Row

Amid the ongoing diplomatic fireworks between Nigeria and the United Arab Emirates, the Emirati Minister of Economy, Abdulla Bin Touq Al Marri, has said that it is unreas...

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Economic Diversification With Focus On Non-Oil Exports Is On Course – Osinbajo

The Vice President, Professor Yemi Osinbajo, believes Nigeria is on the right path to economic diversification focusing on non-oil exports, with the zero-oil plan activel...

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Fresh Borrowing: Reps Approve Buhari’s $16bn, €1bn Loan Requests, $125m Grant

House of Representatives, yesterday, approved President Muhammadu Buhari’s request for new externally borrowing comprising $16.2 billion and €1.020 billion. The Ho...

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Trade Fair: Benjamin Kalu Hails Made-In -Aba Products (Photos)

The Member representing Bende federal Constituency and the Spokesperson of the House joined the Made in Aba Trade Fair in Abuja with an assurance of facilitating access t...

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Nigeria Inflation Rate Drops to 15.99% in October as Food Prices Ease

Nigerian inflation slowed to a 10th-month low in October, giving the central bank scope to leave interest rates on hold next week. Consumer prices increased 15.99% fro...

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Sir Udensi Urges Patronage, Support To Made-In-Aba Products

Interpol Systems Consultant, Sir Chikwe Udensi has advised Nigerians to be contented with made in Nigeria products. Udensi gave the advice on Saturday while addressing...

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