Nigeria’s inflation rate rises to 24.23 %, food prices increase, says NBS
……..in March The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate rose to 24.23 per cent in March 2025. The NBS disclosed this in its Consumer Price Index…
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Nigeria signs ECOWAS Tariff Offer: advancing AfCFTA Implementation
Nigeria has officially gazetted and transmitted to the AfCFTA Secretariat, the ECOWAS Schedule of Tariff Offers for Trade in Goods under the African Continental Free Trade Area (AfCFTA), ahead of…
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Court adjourns Nigerian’s $150m suit against Google, GoDaddy.com
The Federal High Court in Abuja has adjourned the 150 million dollars suit filed by a Nigerian, Chianugo Peter, against Google LLC and GoDaddy.com LLC, over alleged cyberspace contract breach,…
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Lagos partners REA to boost renewable energy
Governor Babajide Sanwo-Olu of Lagos State has reaffirmed his administration’s commitment to renewable energy, especially in electricity, to stimulate economic activities across the state. He made this known on Monday…
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Tantita commits to Tinubu’s vision of 2.06m bpd in 2025, says MD
……inaugurates newly built Ugborikoko Divisional Police Headquarters, Operational Vehicles The Tantita Security Services Nigeria Limited (TSSNL) has expressed its commitment to the realisation of the 2.06 million barrels per day…
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AfDB President Adesina tasks Africa on investment-led growth
.The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has advised African countries to overhaul their development models, embrace investment-led strategies instead of continuing to rely on aid…
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Reps seek Customs support on Act amendment
The House of Representatives Committee on Customs and Excise has sought the support of customs officers for the ongoing amendment of the Nigeria Customs Act 2023. Chairman of the Committee,…
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CBN declares $6.83bn BOP surplus economic resurgence
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of 6.83 billion dollars for the 2024 financial year. According to a statement issued by Hakama…
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NIPOST threatenss courier, logistics service providers
.,against illegal operation The Nigerian Postal Services (NIPOST) has urged courier or logistics service providers to register with the service or face the wrath of the law. The State Postal Manager,…
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LCCI speaks on Nigeria’s fresh $500m World Bank loan
The Lagos Chamber of Commerce and Industry (LCCI) has outlined strategic approaches aimed at maximising the benefits of the $500 million loan by the World Bank to Nigeria while mitigating…
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