The World Bank has reduced Nigeria’s 2022 growth forecast to 3.1 percent from a previous forecast of 3.8 percent. The bank attributed the development to declining oil output and reduced…
Read More World Bank says 5m Nigerians pushed into poverty by inflation, cuts country’s 2022 growth forecast
Nigeria’s annual inflation climbed to 21.47% in November from October’s rate of 21.09%, accelerating for the 10th straight month as food prices surged, the statistics bureau said on Thursday. The…
Read More Nigerian inflation rate climbs for 10th straight month in Nov
A malware that steals Facebook account credentials, known as “Schoolyard Bully”, has infected over 300,000 android devices, prompting the Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) to issue…
Read More “Schoolyard Bully” Malware Attack on Over 300,000 Android Devices: NCC-CSIRT tells users to download only apps from official sites, stores
Tony Elumelu, chairman of the United Bank for Africa (UBA) Plc, says Africa needs the kind of support to move from aid-seeking to self-reliance, self-independent, and sustainable progress. Elumelu said…
Read More Africa needs to be self-reliance NOT seeking assistance, says Tony Elumelu
Our reporter| The Senate on Wednesday asked the Central Bank of Nigeria (CBN) to considerably adjust its recently announced cash withdrawal limits in response to the public outcry against the…
Read More Senate asks CBN to adjust withdrawal limits