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Prices of foodstuff, medical services push inflation to 12.82%

    Prices of foodstuff, medical services push inflation to 12.82%

The consumer price index, which measures the rate of increase in the price of goods and services, rose to 12.82 percent in July 2020. This is according to the inflation

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Minister: Gold is the most smuggled mineral out of Nigeria

    Minister: Gold is the most smuggled mineral out of Nigeria

Olamilekan Adegbite, minister of mines and steel development, says gold is the most smuggled mineral out of Nigeria. Speaking on Channels Television on Monday, the minister said the illegal miners

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MTN Nigeria: Keeping revenue up for fourth year running

    MTN Nigeria: Keeping revenue up for fourth year running

MTN Nigeria Communications Plc is losing the growth momentum that saw it through to a 39 percent advance in profit from a 12.6 percent rise in revenue in 2019. The

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COVID-19: States to get $2.5m World Bank grant if they give tax relief

    COVID-19: States to get $2.5m World Bank grant if they give tax relief

The World Bank will reward states with $2.5 million each in performance-based grants if they implement, by September 30, tax relief programmes for individuals and business owners as part of

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Lagos-Ibadan rail to commence operations in September

    Lagos-Ibadan rail to commence operations in September

Operations will commence on the Lagos-Ibadan rail line from the middle of September. Fidet Okhiria, managing director of the Nigerian

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NPA receives largest container vessel in its history

    NPA receives largest container vessel in its history

The Nigerian Ports Authority (NPA) says it has received the biggest container vessel at any port in the country. In

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‘They’re asking for $1m’ — Nigerian traders in Ghana lament closure of shops over council registration

    ‘They’re asking for $1m’ — Nigerian traders in Ghana lament closure of shops over council registration

Nigeria traders in Ghana have raised the alarm over the alleged closure of their shops. Chukwuemeka Nnaji, president of the

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‘We don’t have the second highest unemployment rate’ — A’Ibom rejects NBS report

    ‘We don’t have the second highest unemployment rate’ — A’Ibom rejects NBS report

The Akwa Ibom government has rejected the report by the National Bureau of Statistics (NBS) which lists the state as

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Lagos bill mandates new lottery companies to have N20m share capital

    Lagos bill mandates new lottery companies to have N20m share capital

The Lagos house of assembly says a bill mandating betting, pool and lottery companies in the state to have N20

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‘20% cut in licence fees’ — Lagos reviews regulations for e-hailing operators

    ‘20% cut in licence fees’ — Lagos reviews regulations for e-hailing operators

The Lagos state government has revised the regulations for e-hailing service operators. According to a previous draft document, service operators

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