BREAKING: NBS States, Inflation Rate Increased To 33.69% In April

The National Bureau of Statistics (NBS) on Wednesday, May 15, said NBS increased to 33.69% in April 2024 from the 33.20% of March 2024. This was contained in its document titled: ” Consumer Price Index April 2024,” which noted that the rate of

BREAKING: Rivers State Highly In Debt – Gov Fubara Reveals

Rivers State Governor, Siminalayi Fubara, has revealed that the state is heavily in debt and that his administration inherited a huge debt profile from the previous administration of Nyesom Wike. Governor Fubara stated this on Tuesday during the commissioning of the Aleto-Ogale-Ebubu-Eteo Road,

BREAKING: Rivers State Is Highly Indebted – Gov Fubara Reveals

Rivers State Governor, Siminalayi Fubara, has revealed that the state is heavily in debt and that his administration inherited a huge debt profile from the previous administration of Nyesom Wike. Governor Fubara stated this on Tuesday during the commissioning of the Aleto-Ogale-Ebubu-Eteo Road,

CBN Raises Import Duty Rate Again After Naira’s Crash Against Dollar

Following the naira’s depreciation, the Central Bank of Nigeria has raised the exchange rate for calculating import duty at Nigeria’s ports to N1,457.014 per dollar. The Customs Forex duty rate represents a three-percent hike in the rate of each dollar needed to clear

Netizens Blast Organisers Over AMVCA Funke Akindele’s loss

Despite being nominated in multiple categories, including Best Makeup, Best Writing in a Movie, Best Lead Actress, Best Movie, and Best Supporting Actor, Funke Akindele’s blockbuster and record breaking movie, ‘A Tribe of Judah’, failed to take home any award.  Akindele’s film was

Top Ten African Currencies Compared To US Dollar

Africa is the world’s second-largest and second-most populous continent, known for its diverse cultures, landscapes, and wildlife.  It’s home to some of the oldest civilisations, stunning natural wonders like the Sahara Desert and Victoria Falls, and a rich tapestry of languages and traditions. 

National, State Assemblies To Spend N724bn In 2024

The National Assembly and the 36 state assemblies of the federation as well as their agencies will spend about N724bn this year, an analysis of their 2024 budgets by The PUNCH has shown. Further findings also showed that the salaries and allowances for

UK Escapes Recession With Fastest Growth In Almost Three Years

The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, official figures showed Friday, beating expectations. Economists polled by Reuters had forecast growth of 0.4% on the previous three months of the year. The U.K. entered a shallow

IMF Appeals To Nigeria To Regulate Crypto Trading Platforms

The International Monetary Fund has advised Nigeria to ask global crypto trading platforms to register or obtain licenses to operate in the country, subjecting them to regulatory requirements. This recommendation was made in the IMF’s latest staff report, released on Thursday, following the

It Is A Shame Nigeria Spent N7.8 Trillion On Food Importing – Otti

The Abia State Governor, Alex Otti, has made a case for the establishment of agricultural ventures across Nigeria as a panacea to food insecurity. While underscoring the need for all to embrace agriculture for sufficiency, Otti highlighted that a whooping  N7.8 trillion was