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Here are the top 10 stories making headlines across the country. 1. NEITI reports N3.473 trillion distributed to federal, state and local governments in Q2 2024 The Nigeria Extractive Industries Transparency Initiative (NEITI) announced on Monday that the Federation Account Allocation Committee (FAAC) distributed N3.473 trillion to the three tiers of government in the second quarter of 2024. This represents …

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The National Bureau of Statistics (NBS) said on Monday that the country’s unemployment rate fell to 32.15% in August. This figure is lower than 33.40% in July. According to the Consumer Price Index (CPI) report released by the Bureau, food inflation reached 37.52% in the same month. NBS said: “Looking at the movement, the headline inflation rate in August 2024 …

The Nigerian National Petroleum Corporation (NNPCL) has released another version of its estimated price of petrol purchased from the Dangote Refinery. The second version comes just hours after NNPC released the initial version and contains several adjustments. While the estimated pettol price data remains the same, the analysis of the state-owned oil company’s transactions with the Dangote Refinery has changed. …

The deliberate holding back on imports of rice, thereby creating an artificial shortage of the commodity on the local market to force the government to yield to the demand for price increases, has been the strategic move of rice importers. Tuesday, September 17, 2024/Rice importers here appear to be playing games with the Liberian Government over the nation’s staple in …