National Bureau of Statistics-Inflation rose to 33.69% in April
The National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released yesterday shows Nigeria’s inflation rate rose to 33.69% in April 2024 compared to March 2024 headline inflation rate which was 33.20%. A cursory look at the movement, the April 2024 headline inflation rate showed an increase of 0.49% points when compared to the […]
Mbappe to join Real Madrid next season
La Liga president Javier Tebas says Paris Saint-Germain striker Kylian Mbappe will join Real Madrid next season. The 25-year-old France captain announced last week he is leaving PSG at the end of his contract this summer, without specifying his destination, and Madrid are poised to sign him after years of failed attempts. Tebas believes Mbappe […]
Tensions Between Niger and Benin escalates
Tensions between Niger and Benin have escalated further over a decision by Cotonou to prevent its landlocked neighbour from using its port to export its first crude oil, as a border dispute between the two rages on. The blockade jeopardises Niger’s plan to start exporting crude oil to China under a $400 million deal. Niger’s […]
NFF to Unveil Super Eagles Head Coach Finidi
The Nigeria Football Federation (NFF) will today Monday in Abuja unveil Finidi George as substantive Head Coach of the Senior Men National Team, Super Eagles. NFF’s Director of Communications, Ademola Olajire, who said this in a statement on Sunday , said the occasion would be witnessed by Minister of Sports Development, Sen. John Owan Enoh, […]
Withdraw 0.5% cybersecurity levy- House of Reps
Members of the House of Representatives have asked the Central Bank of Nigeria (CBN) to withdraw the circular directing financial institutions to commence implementation of the 0.5 per cent cybersecurity levy According to the Green House, the CBN is to withdraw the initial circular, describing it as “ambiguous”, and “issue a more understandable one”. Honourable […]
FG to inaugurate Funtua Inland Dry Port in Katsina
The Federal Government has concluded plans to inaugurate the Funtua Inland Dry Port in Katsina State. In a statement, the Assistant Director, Public Relations Unit of the Nigerian Shippers Council, Rebecca Adamu, said the dry port would be opened by President Bola Tinubu at the Funtua IDP project site, with the inauguration billed for Thursday […]
Champions League final: Borussia Dortmund defeat PSG
Borussia Dortmund are into the Champions League final after a 1-0 win over Paris Saint-Germain at the Parc des Princes on Tuesday, giving the Germans a 2-0 win on aggregate. Matt Hummels was the hero on the night as his 50th-minute header sealed the final berth. Dortmund will face either fellow German side Bayern Munich […]
CBN Issues July 7 Deadline For PoS Operators’ Registration with Corporate Affairs Corporation
The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation. This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji, today in Abuja. Speaking at the event, the CAC boss said the […]
The Nigerian military acknowledge mistakes in drone attacks
The Nigerian Military has admitted errors in the drone strikes during a routine counterterrorism operation on December 3rd, 2023, in Tundun Biri village in Kaduna State, which killed scores of innocent citizens. The Director, Defence Media Operations (DDMO), Maj. Gen Edward Buba who made the disclosure while briefing newsmen on military operations across the country […]
FG Gives Fresh Condition for Issuance Of Gas Licence
Following the aftermath of the gas explosion which claimed a life in Abeokuta, the Ogun State capital last week, the Federal Government has said it would stop granting licences to gas companies with no capacity to build pipelines for gas distribution. Minister of State For Petroleum Resources (Gas), Ekperikpe Ekpo, who stated this when he […]