The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate declined to 21.34 per cent on a year-on-year basis in December 2022. This is according to the NBS Consumer Price Index (CPI) and Inflation report for December 2022 released…
The Executive Director/ CEO of the Nigerian Export Promotion Council (NEPC), Dr Ezra Yakusak, has revealed that despite the harsh economic environment precipitated by the effect of COVID-19 and the global economic recession, the sector recorded a significant and impressive…
The Federal Government has assured that Nigeria’s mini-bid round will boost global energy sufficiency in the long run. Mr Gbenga Komolafe, the Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission, (NUPRC), said this at a pre-bid conference in Lagos on…
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), says the electronic collection of data from states and local governments will be finalised in March. The Chairman, RMAFC, Mr Muhammed Shehu said this on the sideline of an event on Monday…
The National Directorate of Employment (NDE) says it has disbursed N85 million as loan to 494 beneficiaries under its Environmental Beautification Training Scheme (EBTS). The Director-General of the agency, Malam Abubakar Fikpo, disclosed this in a statement signed by the…
The Bank of Industry (BOI) says it has so far received over one million applications for the Nigeria COVID-19 Action Recovery and Economic Stimulus Programme (NG-CARES) MSME grants. The bank said this in a statement on Friday in Lagos to…
Prof. Yemi Osinbajo, Vice President has assured the Government of Spain on robust relationship with Nigeria considering their high level of business partnership. He made the disclosure on Thursday at the Presidential Villa when he received the Minister of Foreign…
Ogun State Government says it is expanding infrastructure in the state to boost economic growth and enhance the prosperity of its citizens and residents. The Chief Ecomomic Adviser/Commissioner for Finance, Dapo Okubadejo, made this disclosure during a media forum on…
By Adenike Agunsoye The Lagos State Chamber of Commerce and Industry President, Asiwaju (Dr.) Micheal Olawale-Cole has said that Global growth, though positive, slowed down by about 50 per cent between 2019 and 2022 due to spiraling inflation, high energy…
The Federal Competition and Consumer Protection Commission (FCCPC) has promised to apply stricter regulations and control on players in the power sector, manufacturing sector, and digital space, in the interest of the consumers in 2023. This was made known by…
