archiveMarch 2024

The headline inflation rate in Nigeria increased to 31.70 per cent in February 2024 relative to the January 2024 headline inflation rate, from 29.90 per cent it was the preceding month. Looking at the movement, the February 2024 headline inflation rate showed an increase of 1.80 per cent points when...

The Debt Management Office (DMO) has clarified that the appointment of Transaction Advisers for the issuance of Eurobond is contingent upon the approval of the Federal Executive Council (FEC). Speaking during an interview with the News Agency of Nigeria (NAN) on Saturday in Abuja, the Director-General of the DMO, Patience...

  President Bola Tinubu has alleged that smugglers and beneficiaries of the old petrol subsidy were beginning to fight back, but vowed that his administration would not abuse the trust Nigerians reposed in him. Tinubu, during a meeting on Friday with the Forum of State Chairmen of the All Progressives...

  The Executive Chairman of the Economic and Financial Crimes Commission, (EFCC) Mr. Ola Olukoyede has charged Civil Society Organizations, CSOs, across the country to be more committed to the fight against corruption, describing them as critical stakeholders in the anti-graft war. He gave the charge in Lagos on Thursday, ...

  ...as Kyari reassures Nigerians delivery schedule intact The Senate has dismissed media reports claiming that it will expose all “frauds associated with the contracts and management of the Turn -around Maintenance of the nation’s refineries”. According to press statement by Olufemi O. Soneye , Chief Corporate Communications Officer NNPC...

A combination of cable cuts, resulting in equipment faults on the major undersea cables along the West African Coast, have negatively impacted data and fixed telecom services in several countries of West Africa, including Nigeria, Ghana, Senegal, Cote de Ivoire, among others. According to a press statement from Mr. Reuben...

    Mouka, Nigeria's leading manufacturer of mattresses, pillows, and beddings, joins the World Sleep Society and other organizations to mark this year's World Sleep Day (WSD) on 15th March. The award-winning company celebrates WSD annually to raise awareness of the importance of good sleep for a better life. The...

  President Bola Tinubu has appointed Dr. Temitope Ilori to serve as the Director-General of the National Agency for the Control of AIDS (NACA) for an initial term of four years. The appointment was announced in a statement signed by President Tinubu’s media aide, Ajuri Ngelale, on Thursday. Dr. Ilori...

    The Federal Government has inaugurated a special committee to tackle social vices in tertiary institutions. Minister of State for Education, Yusuf Sununu, inaugurated the committee put together by Office of the Senior Special Assistant to the President on Thursday in Abuja. The committee is headed by a former...

  The Central Bank of Nigeria has issued a directive to all banks on the need to strictly comply with recent foreign exchange policy reforms. In a letter signed by the Acting Director, Banking Supervision, Dr. Adetona Adedeji on Thursday addressed to banking institutions, the CBN stressed the need for...