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Food prices soar as Nigeria’s inflation rises to 18.17%

Ebuka Daniel Food prices have again pushed Nigeria’s inflation to 18.17 per cent which is one of the highest rate in recent times. High food prices had driven Nigeria’s inflation to 17.33 per cent in February 2021 amidst monetary intervention. Nigeria’s inflation had risen 17.33 per cent, 16.47 per cent, …

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Nigerians Spent N106.5trn In 2020

Ebuka Daniel Nigerian households spent N106.5trn on consumption expenditure in 2020 amidst Covid-19 pandemic, according to an official report. This is based on a report released by the National Bureau of Statistics on the ‘Gross Domestic Product by Expenditure and Income Approach’. The N106.5trn on consumption expenditure by households represents …

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NESG Appoints Eight Board Members

Ololade Omosan-Agie Nigerian Economic Summit Group has announced the appointment of eight new members into its board of directors. In a blog post, NESG noted that the appointments were made at its 2021 Annual General Meeting held on Tuesday. The group listed the newly appointed members to be Managing Partner, …

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CBN Supports Manufacturing Sector With N803bn

Ebuka Daniel As at the end of February this year, the Central Bank of Nigeria has disbursed about N803bn as Manufacturing sector’s intervention.Figures obtained from the CBN reports on the Monetary Policy Committee revealed this. “Under the N1tn manufacturing intervention stimulus, the total of N803.36bn has been disbursed to 228 …

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FAAN sets rule for drivers, passengers at airports

The Federal Airports Authority of Nigeria has said that drivers are prohibited from picking up passengers at the frontage of airport terminals. This is as the agency called for compliance with all laid down protocols on COVID-19 to ensure the safety of all airport users. In a statement issued by …

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OAGF Open To Valuable Advise On Financial Reforms

Babajide Iletogun The Accountant General of the Federation, Ahmed Idris, has declared his readiness to partner with stakeholders that have valuable ideas which will help consolidate the gains of the ongoing financial management reforms initiatives. The AGF made this declaration in Abuja when he received in audience the Partners of …

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PenCom gets ISO certification

Oluwasina Phillip The National Pension Commission has been given the ISO certification which is an internationally recognised set of information security standards that govern the security of information assets such as intellectual property, financial information, employee information, as well as information entrusted by third parties. The standards are published by …

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