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    Analysis

    Nigeria’s inflation spikes to 19.64% in July as currency woes worsen

    News Wire -
    ABUJA, Aug 15 - Nigeria's annual inflation quickened to 19.64% in July, rising for a sixth straight month on the back of price increases for both food and non-food items, the statistics office said on Monday. NBS release of the consumer price index (CPI), which measures the rate of change in prices of goods and services, showed a surge...

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    Analysis

    Sequencing West Africa’s “yam belt” for food security

    News Wire -
    IBADAN, Nigeria Aug 9 (Reuters) - Stacks of hairy yams line a market in Ibadan, where traders haggle over quality and price before loading...
    Analysis

    Unending Power Cuts, PotHoled Roads Infrastructures Stall Nigeria’s big push to grow its own coconuts

    News Wire -
    Most of Nigeria has the perfect climate for growing coconuts and yet it imports 70% of the popular fruit, which is widely used as...
    Wheats

    Nigeria approves imports of GMO wheat from Argentina’s Bioceres -company spokesperson

    Naija247news Media Nigeria -
    BUENOS AIRES (Reuters) -Nigeria has approved imports of a drought-resistant, genetically modified wheat developed by Argentina's Bioceres, a company spokesperson said on Friday. The African...
    Maize

    Nigeria begins trials for new Tela maize variety

    Naija247news Media Nigeria -
    By Olayinka Olawale Lagos, June 22, 2022 The National Biotechnology Development Agency (NBDA) says a trial phase for the new TELA Maize is ongoing...
    Gold

    Gold prices inch lower as firm dollar dents appeal

    News Wire -
    Spot gold was down 0.2% at $1,836.67 per ounce, as of 0203 GMT. U.S. gold futures were flat at $1,840.00. Gold extended losses on Monday as...
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    MARKETS & INVESTING

    Everything you need to know about the re-reboot of your favourite childhood flick.

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    Banks & Finance

    FirstBank commemorates 2022 international youth day, dedicates week to celebrating the youths 

    Naija247news Media Nigeria -
    First Bank of Nigeria Limited has announced its commemoration of the 2022 International Youth Day, globally celebrated today, 12 August 2022 and themed “Intergenerational...
    Analysis

    6 millionaires emerge from Dangote Cement Promo

    Naija247news Media Nigeria -
    Lagos, Aug. 9, 2022(NAN) No fewer than six customers of Dangote Cement Plc in Lagos on Tuesday emerged millionaires in its ongoing “Bag of...
    Banks & Finance

    Polaris Bank not sold, all banks safe, sound – NDIC boss

    Oche Maria Faustina -
    Mr Bello Hassan, Managing Director, Nigeria Deposit Insurance Corporation (NDIC) has said that all Deposit Money Banks (DMBs) in Nigeria, including Polaris Bank are...

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    Dangote Cement signs five year agreement with host communities

    Lagos, July 14, 2022 Dangote Cement Plc, a...
    Business News

    RCCG Solid Rock Donates Modern School Building To Lagos Government

    The Redeemed Christian Church of God, Lagos Province 40,...
    Business News

    Dangote says the new cement promo is a way of giving back N1billion to its customers

    Dangote Cement’s sales Director, Funmi Sanni has stated that...
    Business News

    Communication Regarding Media Reports on Flutterwave Kenya

    Claims of financial improprieties involving the company in Kenya...
    Business News

    Dangote Cement Promo: Previous Seasons’ Winners Recount Gains

    …Commend Dangote for transforming their lives Past winners of the...
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    The Nigerian Economy

    News Analysis

    Expert Urge Nigerian Govt to Resuscitate Refineries, Encourage More Privatisation

    The federal government has been urged to encourage more privatisation of refineries and to resuscitate the four refineries in the country...
    News Analysis

    Aviation Fuel Scarcity: Get CBN, NNPC To Make FX Available, LCCI Tells FG

    The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern over the aviation crisis, calling on the federal government to...
    Banking institutions

    eNaira: CBN, Fintech Foundry to support 10 startups

    By Florence Onuegbu Lagos, Aug. 13, 2022 (NAN) The Africa...
    Maritime

    Customs generates N1.293trn revenue in six months

    By Cecilia Ijuo Abuja, Aug. 12, 2022 (NAN) The Nigeria...
    Investing

    Bayelsa state government spends N3.52bn on debt service to commercial banks in May

    By Nathan Nwakamma Yenagoa, Aug. 12, 2022 (NAN) The Bayelsa...
    Maritime

    35,000 MT of petrol expected at Lagos ports – NPA

    By Chiazo Ogbolu Lagos, Aug. 12, 2022 (NAN) The Nigerian...
    News Analysis

    Only improved power supply, good leadership will enhance Nigeria’s economy – Obi

    By Ikechukwu Iweajunwa Owerri, Aug. 13, 2022 (NAN) The Presidential...
    More from State of The Nigerian Consumer

    State of The Nigerian Consumer

    Analysis

    Nigeria’s inflation spikes to 19.64% in July as currency woes worsen

    ABUJA, Aug 15 - Nigeria's annual inflation quickened to 19.64% in July, rising for a sixth straight month on the...
    Consumer Inflation

    Nigeria’s Headline Inflation hits 6-year high at 18.60% in June; serves policymakers.

    Latest data from the National Bureau of Statistics (NBS) on Friday shows that the Consumer Price Index (CPI) which measures the...
    Consumer Inflation

    Telco consumers must have a say in proposed tariff hike – NCC

    The Nigerian Communications Commission has hinted that an increase...
    Consumer Inflation

    Motorists Lament Flagrant Hikes In Petrol Price By Marketers In Delta, Seek Government Intervention

    Motorists and other users of Premium Motor Spirit (PMS)...
    Consumer Inflation

    N165 pump price: NMDPRA monitors petrol depots, stations

    By Solomon Asowata Lagos, June 27, 2022 The Nigerian Midstream...
    Consumer Inflation

    Food prices continue to increase – NBS

    By Okeoghene Akubuike Abuja, June 22, 2022 The National...
    Consumer Inflation

    Nigeria’s inflation rate increases to 17.71% in May 2022- NBS

    By Okeoghene Akubike Abuja, June 15, 2022 The National Bureau...
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    Energy Source

    Big Oil

    Nigeria’s Seplat begins commercial operation of 67km Amukpe-Escrabos pipeline

    Nigerian independent oil and gas company, Seplat Energy, has announced the commencement of commercial injection of crude oil through the 67km...
    Big Oil

    Nigeria’s NNPC renews oil contracts to produce 10 bln barrels

    ABUJA, Aug 12 - Nigeria’s state-owned oil firm NNPC Ltd on Friday renewed oil production sharing agreements with international majors...
    Oil & Gas

    Nigeria’s LNG denies involvement in illegal gas exportation

    By Solomon Asowata Lagos, Aug. 11, 2022 The Nigeria...
    Oil & Gas

    Oil falls 2% on expectations that U.S. Gulf supply disruption will ease

    Oil prices plunged around 2% on Friday, on expectations...
    Big Oil

    Sahara Group’s Oil Firm Clinches 3 Certifications

    Asharami Synergy, a Sahara Group downstream company has received...
    Oil & Gas

    Nigeria’s crude oil production averaged 1.183m b/d in July – OPEC

    By Solomon Asowata Lagos, Aug. 11, 2022 The Organisation...
    Big Oil

    Exxon Mobil’s Nigeria asset sale hits regulatory hurdle

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    Environment & Climate

    Climate change

    Africa getting just 12% of financing needed to adapt to climate change -report

    2020 finance flows $29.5 bn vs needed $250 bln Turns up pressure on rich countries ahead of COP27 Hurdles include infrastructure, skills, data LONDON,...
    Climate change

    Agro-climatic work plan to cost FG $472.8m — Minister

    The Minister of Environment, Mr Mohammed Abdullahi, says that the work plan for the implementation of the Agro-Climatic Resilience in Semi-...
    Climate change

    Agro-climatic work plan to cost FG $472.8m — Minister

    The Minister of Environment, Mr Mohammed Abdullahi, says that...
    Climate change

    EU commits €70,000 to combat floods in Nigeria

    By Maureen Okon Abuja, Aug. 9, 2022 (NAN) The European...
    Pollution

    New oil spills from SPDC’s TNP rocks Ogoniland

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    Forestation

    Nigeria partners with World Bank for land remediation

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    Climate change

    Anambra State worse hit by Climate Change impact in Nigeria – Expert

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    Politics & Governance

    News Feature

    PDP Crisis: Governor Wike is playing a mind game – Dele Momodu

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    Two-Million-Man March In Kaduna state ? Not Kaduna Twitter?, I just dey laff, wallahi tallahi!!”, El-Rufai Mocks Peter Obi’s Supporters Over Two-Million-Man March In...

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