archiveOctober 15, 2019

  The Consumer Price Index (CPI) released by the National Bureau of Statistics (NBS) on Tuesday shows that inflationary pressure resurfaced in September, as the headline inflation widened by 22bps to 11.24 per cent year-on-year in September from 11.02 per cent year-on-year in August. The reading is 24bps higher than...

    The Nigeria Employers’ Consultative Association (NECA) has called on the Federal Government to promote dialogue and engagement to resolve issues amicably within the provisions of the law when dealing with businesses. Its Director-General, Mr Timothy Olawale, made the call on Tuesday in Lagos following the recent sealing of...

Access Bank’s expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value. According to Victor Etuokwu, Executive Director, Retail Banking, Access Bank Plc, “We are at the forefront of digital lending across the...

The Coalition of United Political Parties (CUPP) has lambasted the ruling All Progressives Congress (APC) for saying Nigeria lacked opposition and was drifting towards a one-party state. In a statement by its spokesman, Ikenga Ugochinyere, CUPP said the ruling party was frustrated because the group leaked its plan to alter...

  The National Identity Management Commission (NIMC), says the renewal of the National Identity Card will cost five thousand naira (N5,000) payable through remita. This was disclosed by its tweeter handle (@nimc_ng) monitored by the News Agency of Nigeria (NAN) in Abuja on Monday, and confirmed by a staff of...

  The Organisation of Petroleum Exporting Countries (OPEC) has granted Nigeria’s wish and increased its oil output under the petroleum production quota deal member states renewed in December 2018, according to a report by Reuters. The deal will see Nigeria produce 1.774m barrels per day, as against the 1.685 it...