Global Food Prices Decline by 2.1% in 2024 but Remain Above Pre-COVID Levels – FAO
Global food commodity prices dropped by 2.1 percent in 2024 compared to the previous year, according to a report by the Food and Agriculture Organization (FAO) of the United Nations…
CBN Likely to Maintain Hawkish Stance as Inflation Climbs
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to sustain its inflation-tightening policies at its final meeting of the year amid rising inflationary pressures.…
Zenith Tech Fair Awards N77.5m to Hackathon Winners, Unveils Innovations in Finance and Technology
The fourth edition of the Zenith Tech Fair, themed “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI”, concluded on Thursday in Lagos with 10…
Senate Set to Approve Tinubu’s $2.2bn Loan Request to Bridge Budget Deficit
The Senate is poised to approve President Bola Tinubu’s $2.2 billion (approximately N1.77 trillion) loan request today (Wednesday). This loan, part of the external borrowing plan, is critical to financing…
Foreign Investments in NGX Hit Year’s Lowest at ₦11.26bn Amid Currency Woes, Rising Interest Rates
Foreign inflow into the Nigerian Exchange Limited (NGX) slumped to its lowest point in 2024, hitting ₦11.26 billion in September, according to the latest Domestic & Foreign Portfolio Investment Report…
Coalition Threatens Legal Action Over Alleged Unfair Compensation in Road Project
The Coalition for Land Rights Advocacy in Nigeria has announced its intent to take legal action against the Federal Government over alleged inadequate compensation for communities displaced by ongoing road…
Dangote Refinery Alerts Public on Foreign Blending of Substandard Fuel, Warns of Risks to Nigerian Market and Health
The Dangote Petroleum Refinery recently issued a warning to Nigerians about the activities of a newly opened depot allegedly hired by an international trading company, accusing it of blending and…
FCCPC Issues Warning to Nigerian Banks Over Disruptions in Online Banking Services
The Federal Competition and Consumer Protection Commission (FCCPC) has warned Nigerian banks about persistent disruptions to online banking services that affect consumers across the country. In a recent statement, FCCPC…
Cooking Gas Price Hits N1,500/kg as NIPCO MD Urges Boost in Local Production
As Nigerians face skyrocketing prices of petrol, the cost of Liquefied Petroleum Gas (LPG), or cooking gas, has surged to N1,500/kg. The increase has raised concerns, with a 12.5kg cylinder…
NEMA Director-General Urges Staff to Embrace Technology in Emergency Management
The Director-General of the National Emergency Management Agency (NEMA), Mrs. Zubaida Umar, has called on staff to adopt modern technologies to enhance their effectiveness in emergency management. She made the…