NBS-Nigeria’s inflation rate rose to 33.69%
The National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released yesterday shows Nigeria’s inflation rate rose to 33.69% in April 2024 compared to March 2024 headline inflation rate which was 33.20%. A cursory look at the movement, the April 2024 headline inflation rate showed an increase of 0.49% points when compared to the […]
Senate Directs Police To Employ 10 Persons Each From 774 LGAs
the Senate, has directed the Police Service Commission and the Nigeria Police Force to recruit a minimum of 10 candidates from each of the 774 local government councils in Nigeria. The directive, according to the Upper Chamber, should form part of its annual recruitment processes. The resolution was reached as a result of a motion […]
The Economic and Financial Crimes Commission, failed to produce the former Governor of the Central Bank of Nigeria, Godwin Emefiele in court yesterday
This was in defiance to an order by the Federal Capital Territory High Court onThursday, ordering the commission to either release him or produce him in court for thehearing of a motion on his bail.The presiding judge, Justice Olusegun Adeniyi, however adjourned the matter tillNovember 8, restating his order that the EFCC should either release […]
The Central Bank of Nigeria has said that it has no plan to re-denominate or restructure the naira notes in 2024
The apex bank revealed this yesterday in a statement signed by its Director,Corporate Communications, Isa AbdulMumin, and shared on its X handle.The CBN urged Nigerians to disregard the wide circulation of a text messagesuggesting that the Bank plans to redenominate the country’s legal tender next year,noting that the contents of the message are misleading.While the […]
