Inflation May Hit 30% by December - Stears Stears has announced that Nigeria’s inflation rate may rise to 30 per cent by December 2023. The data-driven insights provider announced this while unveiling its Pan-African inflation forecasts. It projected that Nigeria’s annual inflation rate is set to...

Discos Install new 178,864 Meters, Reject 114.53MWh/h in H2 - Report The Nigerian Electricity Regulatory Commission has revealed that power distributors failed to accept an average of 114.53 megawatts-hour/hour of electricity in the second quarter of 2023 despite its low supply across the country. NERC disclosed...

FG Awards First Oil Exploration License Under PIA The Federal Government has granted a Petroleum Exploration Licence to TGS-PetroData Offshore Services Limited, which is the first of such licence to be issued under the Petroleum Industry Act 2021. It said the licence, which was granted by...

CBN Raises Dollar Supply, Lifts Ban on Cement, 42 Items The Central Bank of Nigeria has said it is raising dollar supply in the foreign exchange market, just as it also lifted the ban on 43 items that were previously not qualified for forex at...

His latest essay, titled: "The Mess By Customs at the Border," was an interesting read, as usual, for Yours Truly. Like the previous ones he authored, Adebowale articulated and marshaled out his arguments, in a manner that can only be regarded as lucid and convincing.

'Swap Africa Debt with climate change pains from USA, India, UK and China' A Senator from Nigeria, Jimoh Ibrahim at the Global Parliamentary forum of the World Bank/IMF has suggested to the World Bank that African debt, particularly Nigeria, be swapped for the pains of...