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Inflation rate hits 29.90% in January amid rising food prices

Nigeria’s inflation increased to 29.90 per cent in January 2024 from 28.92 per cent recorded in December 2023 amid rising food prices. The National Bureau...

PTDF: Court Quashes Allegations of Financial Crimes Against Ex Director, Yusuf Hamisu

A High Court sitting in Kubwa, Abuja has quashed allegations of financial crimes against  Dr. Yusuf Hamisu Abubakar (Mirago), a former  Executive Secretary of...

Why a bag of Cement Should Sell between ₦3,500 to ₦5,000 – Block Moulders...

The National Association of Block Moulders of Nigeria (NABMON) has said the agreement between the Federal Government and three major cement manufacturers that a...

Market Forces Crippled Plan To Sell Cement At N3,500/bag – BUA

The company gave the explanation in response to the seven-day ultimatum given to its management by two civil society groups to sell its cement...

Food security: FG mulls Commodity Board to tackle price volatility, others

The Federal Government has hinted at plans to establish a National Commodity Board as a solution to the escalating food inflation in the country. In...

CBN Directs Commercial Banks To Operate On Weekend, Releases Cash

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of...

FG Moves To Suspend Removal of Fuel Subsidy, As Lawan Urges NLC, TUC to...

President of the Senate, Ahmad Lawan, has urged the Nigerian Labour Congress and the Trade Union Congress to abort the planned protests against the...

Flight Row: Gbajabiamila Meets Foreign Affairs, Aviation Ministers, Others

The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, on Tuesday met with the Ministers of Foreign Affairs, Geoffrey Onyema and his aviation...

[MUST READ] Know These Facts Before Selling Your Car in Nigeria of Today 

Before you sell your used cars. Below are the new cost of clearing from Apapa. 1. 2019 Toyota RAV4 =9,570,000 2. 2004 or 2014 Toyota RAV4...

P/Harcourt Refinery Will Kickstart Operations In Two Weeks – Mele Kyari

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the Port Harcourt refinery will commence operations in...