Petrol Retail Price Rose to N630.63 in October – NBS
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N195.29 in October 2022 to N630.63 in October 2023.
It made the declaration...
NITDA and the Transformation of Nigeria's Digital Landscape, by Fom Gyem
The Director General, National Information Technology Development Agency, (NITDA) Kashifu Inuwa, has predicted that the Nigeria’s digital transformation future would be “brighter and also offers hope of being prosperous.”
He...
Jigawa, Akwa-Ibom Lead as States Record $910m Forex Gain
No fewer than 13 state governments recorded significant Foreign exchange revaluation profits worth N71.59 billion in three months.
This was disclosed through data obtained from the third quarter budget implementation report (July...
222,141 Workers Dump PFAs, Move N908bn – PenCom
No fewer than 222,141 workers have changed their Pension Fund Administrators and moved N908.363bn from their Retirement Savings Accounts since the National Pension Commission opened the window of transfer.
PenCom disclosed this in...
Local Rice Production Declines as Price Skyrockets
According to a new report, rice consumption has been steadily increasing, exceeding local supply, resulting in a supply gap of about two million metric tonnes per year.
This has led to an over 37...
In One Week, Stock Investors Gain N182bn
The market capitalisation of the Nigerian Exchange Limited (NGX) appreciated in the past week by N182bn following days of positive trading.
At the close of the market on Friday, the market cap stood at...
