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Food Inflation Surges 40% Despite $3.3bn Agric Loan 

Although the federal government secured multilateral loans amounting to $3.334bn (N5.178tn) and attracting over $4.3bn investments to boost food production, the cost of essential staple food items have rosen by 60.88 per cent under the leadership of President Bola Tinubu, according to a report by The PUNCH. 

Kano Police Chief Records 1,483 Arrests, Achieves Remarkable Crime Control in Six Months

Kano Police Chief Records 1,483 Arrests, Achieves Remarkable Crime Control in Six Months The Commissioner of Police for Kano State, CP Salman Dogo Garba, has reported a significant breakthrough in the fight against crime, with the arrest of 1,483 suspects within six months. This achievement...

Nigerian Stock Market Surges by N704bn

Nigerian Stock Market Surges by N704bn   The Nigerian equity market gained N704bn in six days, pushing the market capitalisation above N60tn. At Monday’s close, investors gained N330bn, and market capitalisation hit N60.6tn, with 740.89 million shares worth N16.88bn traded in 10,430 deals. This represented a 39...

‘Dangote Refinery Received $1bn Loan from NNPCL’

'Dangote Refinery Received $1bn Loan from NNPCL'   The Nigerian National Petroleum Company Limited (NNPCL) has said it secured a $1bn loan backed by crude oil to support the coming on stream of the 650,000 barrels per day capacity Dangote Petroleum Refinery. It also stated that the...

MAAUN Gets NUC Approval to Commence Medicine, Architecture and Other Academic Programmes

MAAUN Gets NUC Approval to Commence Medicine, Architecture and Other Academic Programmes The Maryam Abacha American University of Nigeria (MAAUN) in Kano has celebrated a significant achievement as it received official approval from the National Universities Commission (NUC) to commence Medicine, Architecture and other Academic...

CBN Clarifies Validity of Old Naira Notes, Dismisses December 31 Deadline

CBN Clarifies Validity of Old Naira Notes, Dismisses December 31 Deadline   The Central Bank of Nigeria (CBN) has observed the misinformation regarding the validity of the old #1000, #500, and #200 banknotes currently in circulation. In line with the Bank’s previous clarifications and to offer further...