Economy

Insecurity: Local rice price jumps by 200%

Bags of rice. File photo Rising insecurity in the country, import ban and others factors have caused the price of…

3 years ago

Currency in circulation up by 71% to N1.6tn, says CBN

The currency in circulation in the country has increased by N701.4trn in one month to reach N1.6tn in March, 2023.…

3 years ago

Nigeria to increase tax on tobacco products to 50%

Tobacco smoking The Nigerian government has said it will increase the tax imposed on tobacco products from the current 30…

3 years ago

Afriland Properties Plc announces improved financial performance, declares N1.9bilion gross earnings as Shareholders approve N137.4million dividend payout

L – R, Non-Executive Director, Owen Omogiafo; Non-Executive Director, Ayodeji Adigun; MD/CEO, Uzoamaka Oshogwe; Chairman, Board of Directors, Emmanuel Nnorom;…

3 years ago

JUST IN: Nigeria becomes second country to approve R21 malaria vaccine

R21 malaria vaccine Nigeria’s National Agency for Food and Drug Administration and Control (NAFDAC) has approved the R21 malaria vaccine…

3 years ago

13% Derivation: S-South lawmakers, gullible, powerless before govs

•Oil communities and stakeholders fume over nonchalance HOST communities and stakeholders in the South-South region have grumbled aloud that their…

3 years ago

Inflation Rate Rises To 22.04 At End Of Q1, 2023

Photo to illustrate report Nigeria’s annual inflation rate rose to 22.04 per cent as contained in the latest Consumer Price…

3 years ago

Pipeline surveillance workers shut oil well in Delta

FILE COPY Workers of Mormar Marines Limited, a pipeline surveillance firm in the Oil Mining Lease 3O, on Thursday shut…

3 years ago

CBN raises lending rate to 18%

The Monetary Policy Committee, MPC of the Central Bank of Nigeria, CBN has increased the Monetary Policy Rate (MPR) to…

3 years ago

Nigeria, China trade declines to N100.83 billion

The bilateral trade between Nigeria and China has dropped by N37.29bn to N100.83bn ($219m; $1/N460.40 exchange rate) in 2022 from…

3 years ago

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