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Finance & Economy - Page 148

Trump’s Inauguration : Full List of World Leaders To Attend

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

The Consumer Price Index (CPI) showed that headline inflation rose 3.0% year-on-year in September, slightly lower than expected, while core inflation held at 3.1%.

October 25, 2025

Business·News·Oil & Gas

Fuel Scarcity Looms In South-East, South-South, Others As IPMAN Threatens To Stop Supply

Residents of South East, South-South and North Central zones in Nigeria may suffer another round of petrol scarcity as the Eastern zone of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has threatened to withdraw services next week.

November 19, 2023

Business·Finance & Economy·News

Prices Of Rice To Soar By 32% In 2024 Despite Expected Production Increase – Report

In an agricultural forecast for the upcoming year, the AFEX Wet Season Crop Production Report for 2023 has projected a surge of 32% in the price of paddy rice. This price hike is foreseen despite an expected 3.6% increase in production output, marking

November 19, 2023

Africa·Business·Finance & Economy·News

High Taxes Hinder Smartphone Access In Africa, GSMA Urges Collaborative Solutions

The Global System for Mobile Telecommunication Association (GSMA) underscored the detrimental effects of taxation on smartphone adoption in Nigeria and Sub-Saharan Africa. According to their report, taxes and duties contribute to the increased costs of smartphones in the region, hindering accessibility for

November 19, 2023

Food Prices Increase By 31% In Ebonyi, Abia

Business·Finance & Economy·News

Food Inflation Declines In Nigeria Amidst High Prices; NBS Reports 0.54% Decrease In October

In a turn amidst Nigeria’s soaring inflation, the National Bureau of Statistics (NBS) unveiled a decline of 0.54 percent in food inflation for October, marking a glimmer of hope amid economic concerns. In its report, the NBS highlighted a reduction in food

November 19, 2023

I Was Awake Until 3am So 400,000 NPower Beneficiaries Can Be Paid Before Christmas Minister

Business·Finance & Economy·News

Nigerian Govt Allocates 10% Social Intervention Funds To People With Disabilities

In a move toward inclusivity, Minister Betta Edu emphasized the Federal Government’s commitment to allocating 10% of social intervention funds to empower people living with disabilities (PwDs). Speaking in Abuja during the inauguration of empowerment programs sponsored by the National Commission for

November 18, 2023

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business·Finance & Economy

Fallout Of Fuel Subsidy Removal, Naira Depreciation To Sustain Inflationary Pressure In Near Term -CBN

The effect of the fuel subsidy removal and depreciation of the naira which consequently pushed up cost of things may sustain inflationary pressure in the near term, the Central Bank of Nigeria (CBN) has said.

November 18, 2023

Business·News·Oil & Gas

Seplat Plans $250M Gas Plant In Delta State, Focuses On Energy

Effiong Okon, Seplat Plc's Director of New Energy, revealed the company's blueprint to erect a $250 million gas plant in Sapele, Delta State.

November 18, 2023

Nigerian Govt Aims For Local Production of 2,000 Tractors Annually To Bolster Food Security

Agro-Economy·Business·News

Food Security: Nigerian Govt Targets Local Production Of 2,000 Tractors Yearly

The Nigerian Government has unveiled plans to locally produce 2,000 tractors annually, to revolutionize agricultural landscape by bolstering food security. Sen. Abubakar Kyari, the Minister of Agriculture and Food Security, revealed this goal during a visit from Mr. Jason Brantley, Vice-President of

November 18, 2023

Business·Finance & Economy·News

Tilewa Adebajo Calls For Diversifying Revenue Base To Tackle Nigeria’s Inflation

Tilewa Adebajo, the Chief Executive Officer of CFG Advisory, stressed the necessity for Nigeria to broaden its revenue streams in order to combat the prevailing inflation challenge. Adebajo emphasized the urgency of diversification to bolster the government’s financial capacity and foster economic

November 17, 2023

Fuel Scarcity: NNPC Blames Panic Buying, Marketers Disagree

Business·News·Oil & Gas

Blame Game Intensifies As Fuel Scarcity Grips Abuja, Neighboring States

Oil marketers and the Nigerian National Petroleum Corporation Limited (NNPCL) engaged in a tug-of-war over the ongoing fuel scarcity that has led to long queues at petrol stations in Abuja and neighboring states. According to Chief Ukadike Chinedu, the National Public Relations

November 17, 2023

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Finance & Economy - Page 148

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

Fuel Scarcity Looms In South-East, South-South, Others As IPMAN Threatens To Stop Supply

Prices Of Rice To Soar By 32% In 2024 Despite Expected Production Increase – Report

High Taxes Hinder Smartphone Access In Africa, GSMA Urges Collaborative Solutions

Food Inflation Declines In Nigeria Amidst High Prices; NBS Reports 0.54% Decrease In October

Nigerian Govt Allocates 10% Social Intervention Funds To People With Disabilities

Fallout Of Fuel Subsidy Removal, Naira Depreciation To Sustain Inflationary Pressure In Near Term -CBN

Seplat Plans $250M Gas Plant In Delta State, Focuses On Energy

Food Security: Nigerian Govt Targets Local Production Of 2,000 Tractors Yearly

Tilewa Adebajo Calls For Diversifying Revenue Base To Tackle Nigeria’s Inflation

Blame Game Intensifies As Fuel Scarcity Grips Abuja, Neighboring States

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