Fuel Subsidy Removal and FX Unification to Drive Inflation to 30%, Says KPMG Report
KPMG, a global financial advisory service firm, has forecasted that Nigeria's headline inflation will surge to 30% by December 2023....
Month: November 2023
Nigeria Ready for Business: Tinubu Pitches High Returns to Investors in Saudi Arabia
At the Saudi-Africa Summit in Riyadh, Nigeria's charismatic leader, President Bola Tinubu, didn't just bring a suitcase full of assurances;...
EFCC Nabs 14 Suspected Vote Buyers in Bayelsa, Imo, and Kogi During Governorship Elections
Operatives of the Economic and Financial Crimes Commission (EFCC) have taken action against alleged vote-buying activities during the ongoing governorship...
INEC Halts Voting in Key Locations in Kogi, Cites Electoral Malpractices
The Independent National Electoral Commission (INEC) has taken the step of suspending voting in certain locations in Kogi State. This...
Imported Goods Face Hike in Prices as CBN Alters Exchange Rate Used by Nigeria Customs Service
The Customs duty payable on imported items at Nigeria's seaports has surged following the Central Bank of Nigeria's (CBN) recent...
CBN Introduces Disclosure Policy: CBN Directs Staff to Declare Relatives Employed by the Bank and Connections to Politically Exposed Persons
The Central Bank of Nigeria (CBN) has recently issued a directive requiring its staff to disclose any close relatives employed...
Afrinvest Predicts 27.9% Inflation Rate for October 2023 Due to FX Depreciation
Afrinvest West Africa analysts are anticipating a further uptick in Nigeria's headline inflation rate, forecasting a rise to 27.9% for...
Oshiomhole: Obaseki and I Disagree Politically, But He’s Still My Friend
Former Governor of Edo State and current Senator representing Edo North Senatorial District, Comrade Adams Oshiomhole, has affirmed that Governor...
Arrested: Kogi LG Chairman Nabbed with ‘Ghana-Must-Go’ Bags of Cash and Ammunition
In a dramatic turn of events during the Kogi State gubernatorial elections, security operatives reportedly arrested James Onoja, the council...
APC’s Candidate Wins Yahaya Bello’s Polling Unit
During the gubernatorial elections in Kogi State, Usman Ododo, the gubernatorial candidate of the All Progressives Congress (APC), emerged victorious...
