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NACCIMA: NBS Data On Inflation Rate Does Not Reflect Current Economic Reality

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has refuted claims made by the National Bureau of Statistics (NBS) which reported a consecutive monthly drop in the rate of inflation in Nigeria.

Abdulsalami: Nigeria’s Economic Hardship Is Getting Out of Control

Former Military Head of State, General Abdulsalami Abubakar, on Tuesday in Minna, Niger State, expressed deep concern over the living conditions of Nigerians, stating, "The hardship in the land is getting out of control. Everybody is crying of this hardship and it seems to be getting out of control, people cannot afford three square meals, the issue of transportation, the hike in fuel, the hike in school fees for the children and the lack of funds in everybody’s pocket is making life difficult for everybody." 

Royal Father Backs Katsina Govt on Zakkat, Waqaf Board

Royal Father Backs Katsina Govt on Zakkat, Waqaf Board The Kanwan Katsina District Head of Ketare, Alhaji Usman Bello Kankara mni, has commended the Katsina State Government for the establishment of Zakkat and Waqaf Board. The commendation was contained in a Statement which quoted the Kanwan...

Emirates Airlines Reveals Resumption Plans

Emirates Airlines Reveals Resumption Plans Two years after it suspended operations over trapped funds accruing from ticket sales and other sundry factors, Emirates Airlines has concluded plans to relaunch flights into the country. To secure its place on the Nigerian route, considered as one of its...

NNPC Announces Estimated PMS Price for Dangote’s Refinery

The Nigerian National Petroleum Company (NNPC) has released a statement outlining the estimated prices of Premium Motor Spirit (PMS), also known as petrol, from the Dangote refinery. The prices are for NNPC's retail stations across the country, including Lagos and other states.

CBN Loans N3tn to Banks in One Week – Afrinvest

CBN Loans N3tn to Banks in One Week – Afrinvest Nigerian banks and discount houses borrowed N3tn from the Central Bank of Nigeria through the Standing Lending Facility within a week, according to a report by Afrinvest Research. The lenders and discount houses, however, deposited N493.6bn...