E-commerce company, Jumia Technologies on Monday, November 18 shut down its operations in Cameroon without notice just as it did in Gabon and Congo Republic; sparking fears and anxiety on…
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Category: Economy
Malabu Oil Block: INTERPOL arrests ex-AGF Adoke
The International Police (INTERPOL) has detained a former Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Bello Adoke (SAN), in the United Arab Emirates (UAE). His arrest is…
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Inflation rate rises to 11.61% in October
The National Bureau of Statistics (NBS), on Monday released fresh data showing that Nigeria’s inflation for the month of October has risen by 0.36 basis points year on year to…
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Nigeria’s inflation rate hits 11.61%
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%…
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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…
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