Business

Nigerian headline inflation rate alleviates to 21.88 percent in July. The National Statistics Bureau (NBS) revealed this in the Consumer Price Report (CPI) and the inflation report for July, released on Friday in Abuja. According to the agency, headline inflation showed a decline of 0.34 percent compared to 22.22 percent recorded in June. For “months-to-month,” the headline inflation rate in …

The commission for economic and financial crimes, on Friday, presented a draft N100 million recovered from the mining companies defaulting in the state of Akwa Ibom to the Federal Ministry for solid mineral development. The Zonal Director Uyo of the FCC, ACE The Oshodi Johnson, made the presentation on behalf of the president of the agency, Ola Olukoyede, to the …

Nigeria Govt. The collective bargaining committee of the health sector inaugurates Abuja (basic reporter) today the Federal Government has formally inaugurated and convened the Committee on collective bargaining for the health sector, reporting the official start of negotiations with the main unions of the health sector, in line with articles 1 and 2 of the guidelines on the machines of …

In an attempt to position the Terrestrial transport system of Nigeria, the Federal Government has approved the construction of six ultra modern bus terminals in the six geopolitical areas in Nigeria as part of the national public transport project. The Minister of Transport, the Senator said Alkali, revealed him on Wednesday in Abuja while answering the field of questions by …

Post views: 8 By Kingsley Uzowulu. The Sport of the Sport of the State of Imo Hon Evaristus Obinna Onyeocha (Onowu) has highlighted some progress in sports under the current administration. He revealed them in an interactive session with the members of the Sports Writers Association of Nigeria (SWAN) IMO State Chapter in his …

The federal government has settled more than 2 trillion in an extraordinary capital budget obligation from the 2024 fiscal year and promised to prioritize the release of a fast 2025 capital fund. Minister of Finance and Coordinating Minister for Economic, Wale Edun, announced this on Thursday during the Ministerial Press Briefing in Abuja. He also stated that Nigeria was “open …

The former governor of the state of Sokoto and Senator at the service, Aminu Tambuwal, accused the commission for economic and financial crimes (EFCC) of trying to smear his public service record through what he described as politically motivated harassment. Tambuwal, which was released on bail on Thursday after spending a night in the EFCC custody, told the supporters during …

The Director General of the Nigerian Safety Investigation Bureau (NSIB), Captain Alex Badeh, has warned that the recent Revenue Tax Act (IGR) was implemented internally could influence the agency’s ability to carry out its mandate. Speaking during the virtual media briefing on Thursday, Badeh revealed that the bureau is currently reviewing the law to assess its implications. He, however, noted …

When a Canadian Federal Court recently declared the two major political parties of Nigeria, the All Progressives Congress (APC) and the Democratic Party of the opposition people (PDP) as terrorist organizations pursuant to the Canadian law, it was not only an immigration decision. It was a political earthquake with consequences that could reverberate well beyond the borders of Canada. This …

Colonel Yahaya Gambo (RTD) as a coordinator of the Civil Joint Task Force of the State of Borno (CJTF). Borno State gets the CJTF coordinator, while Gov Zulum appoints Col. Gambbo (RTD) Maiduguri (basic reporter) Governor of the Borno State, Professor Babagana Umara Zulum, MNI, approved the appointment of Colonel Yahaya Gambo (RTD) as coordinator of the Civil Joint Task …