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Food Inflation Soars by 61% in One Year – NBS

Food Inflation Soars by 61% in One Year – NBS Nigerians are finding it more difficult to feed themselves, as food inflation rose to 40.66 per cent in May. This was as the cost of food rose by 61 per cent from 25.25 per cent in...

Marine, Blue Economy Ministry Ranks in PEBEC Top 10, But Our Target is Top 3 – Oyetola

Marine, Blue Economy Ministry Ranks in PEBEC Top 10, But Our Target is Top 3 – Oyetola The Minister of Marine and Blue Economy Adegboyega Oyetola has said that despite being among the top performers on the Presidential Enabling Business Environment Council (PEBEC), his goal...

W’Bank to CBN: Interest Rate Hike may not Lower Inflation

W'Bank to CBN: Interest Rate Hike may not Lower Inflation The World Bank has stated that monetary policy tightening by the Central Bank of Nigeria (CBN) may not rein in inflation and remains a risk to Nigeria’s growth outlook. The international lender disclosed this in its...

Why Dangote Refinery ‘ll not Supply Petrol in June

Why Dangote Refinery 'll not Supply Petrol in June The Dangote refinery has said its plan to release premium motor spirit into the market this month will no longer be possible, sparking reactions from Nigerians. The President of Dangote Group, Aliko Dangote told newsmen during a...

Democracy Day: President Tinubu Pays Tribute to Heroes, Pledges to Listen to Nigerians

In a nationwide address on Wednesday in Abuja, President Ahmed Bola Tinubu honored the heroes of democracy who fought tirelessly for the birth of Nigeria's democracy.

Tinubu’s Fuel Subsidy Removal: A Year Of Economy Woe, By Erasmus Ikhide

Tinubu's Fuel Subsidy Removal: A Year Of Economy Woe By Erasmus Ikhide IN the massive ruins of the nation's economy, it will be self-abnegation not to acknowledge the fact that the rejection of N62,000 or N100,000 minimum wage by the organized labour unions is direct a...