The consumer price index, which measures inflation, rose to 11.61% in October. According to the data released by NBS, this is an increase of 0.36 percentage points compared to 11.24%…
Read More Nigeria’s inflation rate hits 11.61%
Category: Economy
GenCos threaten to shut down power generation supply
The Power Generation Companies (GenCos) have threatened to shut down power generation supply if pressing issues in the sector are not addressed. The GenCos spoke through the Executive Secretary, Association…
Read More GenCos threaten to shut down power generation supply
Reps C’ttee asks FIRS to return N4.6bn to FCT
The House of Representatives Committee on Public Account has asked the Federal Inland Revenue Service (FIRS) to return N4.6 billion which represents two per cent of total tax collected in…
Read More Reps C’ttee asks FIRS to return N4.6bn to FCT
No robbery attempt at CBN in Benin – Police
The Edo Police Command has denied reports of robbery attempt at the Central Bank of Nigeria (CBN), Benin. DCP Ayoola Ajala, Deputy Commissioner of Police in charge of operations, who…
Read More No robbery attempt at CBN in Benin – Police
Gov. Fayemi proposes N124.7bn 2020 budget to Ekiti Assembly
Ekiti State Governor, Dr Kayode Fayemi, has presented the 2020 Appropriation Bill of N124.7 billion to the State House of Assembly. Dr Fayemi who is also Chairman of the Nigeria…
Read More Gov. Fayemi proposes N124.7bn 2020 budget to Ekiti Assembly