Monday, August 15, 2022
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    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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    STATE OF THE NATION

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    COMMODITIES

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

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

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

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

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

    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...

    Nigeria begins trials for new Tela maize variety

    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 prices inch lower as firm dollar dents appeal

    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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    ARTS & CULTURE

    COMPANIES & FINANCE
    Latest

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

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

    6 millionaires emerge from Dangote Cement Promo

    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...

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

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

    LAW & JUSTICE

    INVESTIGATIONS

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    RCCG Solid Rock Donates Modern School Building To Lagos Government

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

    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...

    Communication Regarding Media Reports on Flutterwave Kenya

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

    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

    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...

    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...

    eNaira: CBN, Fintech Foundry to support 10 startups

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

    Customs generates N1.293trn revenue in six months

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

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

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

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

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

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

    By Ikechukwu Iweajunwa Owerri, Aug. 13, 2022 (NAN) The Presidential...

    State of The Nigerian Consumer

    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...

    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...

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

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

    N165 pump price: NMDPRA monitors petrol depots, stations

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

    Food prices continue to increase – NBS

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

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

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

    Energy Source

    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...

    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...

    Nigeria’s LNG denies involvement in illegal gas exportation

    By Solomon Asowata Lagos, Aug. 11, 2022 The Nigeria...

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

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

    Sahara Group’s Oil Firm Clinches 3 Certifications

    Asharami Synergy, a Sahara Group downstream company has received...

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

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

    Exxon Mobil’s Nigeria asset sale hits regulatory hurdle

    BUJA - Nigeria's petroleum regulator said on...

    Environment & Climate

    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,...

    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-...

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

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

    EU commits €70,000 to combat floods in Nigeria

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

    New oil spills from SPDC’s TNP rocks Ogoniland

    Port Harcourt — Fresh oil spills from the Trans...

    Nigeria partners with World Bank for land remediation

    By Vivian Emoni Abuja, Aug. 5, 2022 The Federal...

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

    By Lucy Osuizigbo-Okechukwu Awka, Aug. 3, 2022 The Climate...

    Politics & Governance

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

    A former presidential aspirant of the Peoples Democratic Party, Dele Momodu, has weighed into the crisis rocking the PDP, saying Rivers...

    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...

    Kaduna State Governor, Nasir El-Rufai, has mocked supporters of Peter Obi, presidential candidate of the Labour Party (LP) over their plans...