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Nigeria’s inflation up by 0.55% to 32.70% in September
Nigeria’s headline inflation rate increased to 32.70 per cent in September 2024, according to the National Bureau of Statistics (NBS). The Statistician-General of the Federation, Adeyemi Adeniran in a statement issued on the Consumer Price Index (CPI) and Inflation Report for September 2024 in Abuja on Tuesday showed that the…
Read More »PEP GUARDIOLA REPORTEDLY APPROACHED FOR ENGLAND JOB.
The Football Association has reportedly approached Pep Guardiola over the prospect of him becoming the next England manager. Guardiola’s contract with Manchester City expires next summer and The Times claims the FA made informal contact with him at the start of the season – although it has yet to receive…
Read More »BENJAMIN MENDY GOT LOANS FROM TEAMMATES AFTER MAN CITY STOPPED PAYING HIS WAGES
Former Manchester City footballer Benjamin Mendy was lent money by teammates when the club stopped paying him after he was charged with rape and sexual assault, an employment tribunal has heard. Current and former players Raheem Sterling, Bernardo Silva and Riyad Mahrez supported the French international, who now claims to…
Read More »JURGEN KLOPP UNVEILED AS THE NEW GLOBAL HEAD OF SOCCER AT RED BULL
Jürgen Klopp, the 57-year-old German will assume the role of Global Head of Soccer at Red Bull starting January 1, 2025. In this position, he will oversee the company’s international network of soccer clubs. Klopp, one of the most sought-after figures in world football, concluded his memorable nine-year tenure as…
Read More »FG approves N350b to support dams, irrigation facilities
The Federal Government of Nigeria under Renewed Hope Infrastructure Fund has approved over N350 billion to support dams and expansion of facilities across Nigeria. Minister of Budget and Economic Planning, Alhaji Atiku Bagudu made this known while fielding questions from newsmen shortly after he condoled with former Economic and Financial Crimes…
Read More »CBN Governor Cardoso Champions Africa’s Voice at Bretton Woods 80th
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has concluded his participation in the high-level Bretton Woods at 80 Forum, where he represented Africa’s interests on the global financial stage. The forum, organised by the International Monetary Fund (IMF) and World Bank Group (WBG), brought together a…
Read More »FG Introduces Home Delivery Service for International Passports
The Minister of Interior, Dr. Olubunmi Tunji-Ojo, has reaffirmed the ministry’s commitment to introducing reforms that ensure Nigerians, both at home and abroad, benefit from a more secure, efficient, and modernized Ministry of Interior. During a media briefing in Abuja to mark his first year in office, the minister announced…
Read More »Nigerian Navy’s Crackdown on Illegal Refineries, Crude Oil Theft in Niger Delta Yields Results
Between 2 and 23 September 2024, the Nigerian Navy, under Operation DELTA SANITY, intensified its fight against crude oil theft and other maritime crimes in the Niger Delta, achieving notable successes. This 21-day operation resulted in the destruction of several illegal refining sites and the arrest of eight suspected crude…
Read More »CBN to Inject $20,000 Per Bureau De Change at N1,590/$ to Boost Forex Supply
The Central Bank of Nigeria (CBN) has announced plans to sell $20,000 to each eligible Bureau De Change (BDC) at N1,590/$ in order to meet the demand for invisible transactions. According to a circular signed by Dr W.J Kanya, Trade & Exchange Department, “All BDCs are allowed to sell to…
Read More »Broadband Revolution: NCC Drives Nigeria’s Digital Economy with Ambitious Connectivity Targets for 2025
Nigerian Communications Commission (NCC) has confirmed that it is working with major stakeholders in the telecoms industry to meet the ambitious targets of ensuring that broadband access is available to all Nigerians, with minimum speeds of 25 Mbps in urban areas and 10 Mbps in rural areas by 2025. Dr.…
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