The Consumer Price Index (CPI) declined to 127.4 in January 2026, reflecting a 3.8 point decrease from the preceding month (131.2). In January 2026, the Headline inflation rate eased to…
Read More Nigeria’s inflation rate eased to 15.10% says NBS
Category: Economy
Tinubu advised to raise minimum wage amid rising cost of living
An industrial relations and personnel management expert, Ismaila Kadiri, has advised the federal government to review upward the current minimum wage to reflect the cost of living. Mr Kadiri of…
Read More Tinubu advised to raise minimum wage amid rising cost of living
Dangote Refinery’s crude distillation unit and motor spirit (MS) block hit 650,000 bpd capacity
…First Refinery In The World to Attain This Feat The Dangote Petroleum Refinery has achieved a major operational milestone with the full restoration and optimisation of its Crude Distillation Unit…
Read More Dangote Refinery’s crude distillation unit and motor spirit (MS) block hit 650,000 bpd capacity
Dangote Refinery reduces petrol price to ₦774 per litre
Dangote Refinery has reduced the gantry price of Premium Motor Spirit (PMS) by N25 per litre. This means the ex-depot rate dropped from N799 to N774 per litre. The reduction…
Read More Dangote Refinery reduces petrol price to ₦774 per litre
CBN okays weekly FX Sale of $150k to each BDC
The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM) as part of efforts to improve…
Read More CBN okays weekly FX Sale of $150k to each BDC