Headline inflation in August 2026 fell to 15.39 percent from 15.43 percent recorded in the previous month, namely July 2026, according to the National Bureau of Statistics (NBS). The General Statistician of the Federation, Prince Adeyemi Adeniran, who stated this in a statement on Tuesday said, “On a year-on-year basis, the general inflation rate in August 2026 stood at 15.39 …
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The Registrar General/Chief Executive Officer of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, has said Nigeria’s Register of Beneficial Owners has become a benchmark for many countries. The RG disclosed this on Tuesday during a training on beneficial ownership register for journalists and civil society organizations (CSOs) in Abuja. He said countries are increasingly looking to Nigeria’s experience, coming …
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JP Morgan Index Inclusion Signals Renewed Confidence in Nigerian Bond Market – Core Reporters Inclusion in the JP Morgan index signals renewed confidence in the Nigerian bond market From our business correspondent Abuja (Core Reporters) — Nigeria has secured a place in JP Morgan’s new Government Bond Index–Emerging Markets Edge (GBI-EM Edge), with selected bonds of the Federal Government of …
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Manasseh Istifanus, African Democratic Congress (ADC) candidate for Kaduna State Assembly, Zangon Kataf constituency, has condemned an alleged attack on party supporters at Dakande toll gate, Kaduna.In a statement released in Kaduna on Tuesday, Istifanus described the alleged attack as “shameful and reprehensible,” saying supporters had gathered peacefully to receive the party’s gubernatorial candidate, Isa Ashiru, after his return from …
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The Trade Union Congress has directed its affiliated unions to suspend their declared industrial action over the Federal Government’s handing over of King’s College, Lagos, to the Old Boys’ Association of the institution. The directive followed an emergency meeting between the TUC leadership and the Minister of Education, Tunji Alausa, on Monday in Abuja. The development is expected to pave …
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By Victor Osula, Abuja The federal government has raised $1.23 trillion through two bond issues under the President’s Energy Sector Debt Relief Program as it moves to pay off audited legacy obligations to electric power generation companies (GenCos). The Chief Executive Officer of Nigerian Bulk Electricity Trading Plc (NBET), Akin Odeyemi, disclosed this in Abuja, saying that through the inaugural …
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NISO Begins Second Phase of Training to Strengthen National Network Operations – Core Reporters NISO begins second phase of training to strengthen national network operations From our journalist Abuja (Core Reporters) — The Nigerian Independent System Operator (NISO) has launched the second phase of its capacity building program for system operators, aimed at strengthening the technical competence and operational readiness …
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Federal Capital Territory (FCT) Minister Nyesom Wike has reiterated his Rainbow Coalition’s support for the re-election of President Bola Tinubu in the 2027 elections. Wike gave the assurance in a statement by his Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, on Tuesday in Abuja. He said his support for Tinubu was being channeled through the coalition, …
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Daud Olatunji The Olubadan of Ibadanland and former governor of Oyo State, Oba Rasidi Adewolu Ladoja, has said he has no preferred or anointed candidate ahead of the 2027 governorship election in the state. Ladoja made the issue clear when Peoples Democratic Party governorship candidate, lawyer Hazeem Gbolarumi, and other party leaders visited his palace to seek his royal blessing …
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By Salihu Pirkusu, Maiduguri The MP, representing Askira-Uba/Hawul Federal Constituency in Borno State, Hon. Usman Midala Balami has defected from the ruling All Progressives Congress (APC) and joined the Accord Party, insisting that his decision became necessary after consulting stakeholders and numerous supporters to pursue his legislative initiatives covering education, healthcare, entrepreneurship, skills acquisition, technology, research, security, constitutional reform and …
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