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Nigeria’s inflation rate for the eleventh consecutive month rose higher, reaching 28.2 percent in October 2023, according to the National Bureau of Statistics (NBS). The NBS which made this known on Friday in its CPI report for November said the consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 28.2 percent …

A Memorandum of Understanding between the Federal Government and the Republic of Cuba has been signed in order to advance innovation, science, and technology between the two nations. According to a statement from the Director of Information in the Vice President’s office, Mr. Olusola Abiola on Saturday, the MoU was signed by the Nigerian delegation to the G77+China Summit in …

Recently, the ancient city of Katsina was agog and in very high spirits as Governor Malam Dikko Umar Radda, supported by Governors Dauda Lawal of Zamfara, Abba Yusuf of Kano, Kauran Gwandu of Kebbi, Ahmed Aliyu of Sokoto, Maimala Buni of Yobe and Aminu Usman, Jigawa State Deputy Governor who stood in for his Governor. It was the occasion of …

Despite the assurances by the Central Bank of Nigeria (CBN) that cash I circulation has hit N3.4tr and repeated statements by the apex bank on the availability of the domestic currency, checks by Ripples Nigeria has shown that the cash scarcity persists in most parts of Lagos and Ogun states. Visits to several Automated Teller Machines (ATMs) show machines that …

The House of Representatives, last week, denied a reported claim by the National Assistant General Secretary of the Nigeria Labour Congress (NLC), Christopher Onyeka, that National Assembly members were given N100 million as palliatives from the Executive arm. We tracked one other story from the NASS within the week under review. 1. N100m palliatives denial The House of Representatives, in …

The Benue State government on Thursday warned the people of the state about the consumption of dead animals. The advice followed reports on the growing cases of anthrax disease in the country. The Director of Livestock Services, Ministry of Agriculture and Natural Resources, Dr. Edward Amali, who made the call in Makurdi, said the government had discovered that some butchers …

Russian Khamzat Chimaev made a significant comeback to the middleweight division as he fought former welterweight champion Kamaru Usman. The UFC 294 co-main event at Etihad Arena in Abu Dhabi on Saturday night, saw Usman beaten for the third consecutive fight. The Nigerian, who had lost his previous two battles to Leon Eswards, has now suffered three consecutive losses. The …

By Solomon Arowolo,Abuja The Sports Writers Association of Nigeria (SWAN) has congratulated the newly designated Minister of Sports, Senator John Owan Enoh. SWAN President, Mr. Isaiah Benjamin, in a press statement issued by the Association’s Secretary-General Amb. Ikenna Okonkwo in Abuja expressed optimism that the new Sports Minister will bring his political pedigree to bare. “Going by his experience in …

Nigeria, South Africa and other African countries have been projected to be losing as much as $90 billion to illicit financial flows annually. This is according to the Chief Economist and Vice President, African Development Bank (AfDB), Prof. Kevin Urama who noted that much more is lost in illicit resource flows and resource theft, poorly implemented fiscal policy incentives, and …

Nobel Laureate, Prof Wole Soyinka, On Saturday in South Africa, said the electoral victory of President Bola Ahmed Tinubu was aided by the presidential candidates of the Labour Party (LP) and that of the Peoples Democratic Party (PDP), Peter Obi and Atiku Abubakar. Soyinka contended that both men made Tinubu win by contesting the election under the platforms of different …