Nigeria’s Inflation Rate Rises To 33.8% As Food Prices’ Surge Persists
The data is captured in the NBS’ latest consumer price index (CPI) report for October published on Friday. The CPI measures the rate of change…
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NNPCL Claims 1.8m Barrels Per Day Crude Oil Production
The company also stated that it is set to hit the two million barrels per day target set by President Bola Tinubu by December 2024.…
Federal Government Proposes ₦47.9 Trillion For 2025 Budget
The federal government has proposed the sum of N47.9 trillion as budget proposal for the 2025 fiscal year.Minister of Budget and Economic Planning, Atiku Bagudu,…
NNPCL Denies Stopping Fuel Imports
The Nigerian National Petroleum Company Limited (NNPCL) has described a news report that it has ended the importation of refined petroleum products and is now sourcing…
FG: Power Sector Needs $10 Billion Investment For 24-Hour Electricity
The Federal Government says it needs $10 billion Public-Private-Partnership investment in the power sector, in the next five to 10 years, to achieve 24 hours…
EFCC Arraigns Syndicate Impersonating Its Chairman, Olukoyede
The Economic and Financial Crimes Commission, EFCC, has arraigned two members of an alleged syndicate, Ojobo Joshua and Aliyu Hashim for attempted fraud and impersonating…
Olalekan Abimbola Olawusi: US Places $25,000 Bounty On Fleeing Nigerian Man
US Authorities Place $25,000 Bounty On Fleeing Nigerian Man Wanted In Infant Abuse Case A 48-year-old Nigerian man, Olalekan Abimbola Olawusi, has been declared wanted by…
16 Manufacturing Firms Lost ₦792 Billion To Naira Depreciation – MAN
The chairman of the Ogun State Manufacturers Association of Nigeria (MAN), George Onafowokan, has lamented the crisis in Nigeria’s manufacturing sector following the government’s decision…
US Court Renews Allen Onyema’s Arrest Warrant Over Alleged Fraud
A United States court has reportedly reissued an order for the arrest of the Chairman and CEO of Air Peace Limited, Allen Onyema, over a $20 million fraud…
US Court Renews Allen Onyema’s Arrest Warrant Over Alleged Fraud
A United States court has reportedly reissued an order for the arrest of the Chairman and CEO of Air Peace Limited, Allen Onyema, over a $20 million fraud…