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Consumer Price Index

Fitch affirms Nigeria ‘B+’ rating, negative outlook

Fitch Ratings Thursday affirmed Nigeria’s long-term foreign currency Issuer Default Rating (IDR) at ‘B+’ with a “negative outlook”.

Food prices remain high despite easing inflation

The Consumer Price Index (CPI) which measures inflation increased by 16.05 percent (year-on-year) in July 2017, even as food price pressure continued into the month under review as all major food sub-indexes increased.

Inflation rate drops for sixth consecutive time to 16.05%

The National Bureau of Statistics on Monday released the Consumer Price Index which measures inflation, with the index dropping marginally from 16.1 per cent in June to 16.05 per cent in the month of July.

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IPOB: I can’t be blackmailed – Fayose

Governor Ayodele Fayose of Ekiti State, has said nobody could blackmail him over his criticism of Federal Government’s handling of the agitation by Nnamdi Kanu and his followers in the Indigenous People of Biafra (IPOB).

Resurgent Schalke pose threat to Ancelotti’s Bayern

Following their best start to a Bundesliga season in six years, resurgent Schalke are relishing hosting Bayern Munich, whose coach Carlo Ancelotti has faced criticism from one of his former mentors, on Tuesday.

Google offers to display rival shopping sites via an auction in response to EU...

Alphabet unit Google has offered to display rival shopping comparison sites via an auction in order to comply with an EU antitrust order to stop favoring its own shopping service, four people familiar with the matter said on Monday.

Some APC members in Rivers believe I am performing – Wike

Governor Nyesom Wike of Rivers state has enjoined the All Progressives Congress (APC) Rivers state chapter to accept the fact that God has ordained him to become the governor of the state.

UN seeks $10 million as Nigeria cholera outbreak worsens

At least 44 people have now died in a cholera outbreak in northeast Nigeria, the United Nations said Monday, calling for nearly $10 million to keep the disease from spreading.

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No panic buying of fuel – NNPC tells motorists

The Nigerian National Petroleum Corporation has advised motorists across the country not to engage in any panic buying of petroleum products.

FEC orders probe of NIMASA, JAMB over poor remittance

The Federal Executive Council (FEC), presided over by President Muhammadu Buhari has ordered the probe of past heads of the The Joint Admission and Matriculation Board (JAMB) and the Nigerian Maritime Administration and Safety Agency (NIMASA), over what it called poor remittances in the past.

China plans switch to bioethanol fuel by 2020

China plans to use bioethanol gasoline nationwide by 2020, the National Development and Reform Commission and National Energy Administration (NEA) said on Wednesday.

Police station razed, market shut in Aba

The city of Aba, the commercial hub of Abia State is on fire today as unidentified persons in the early hours of today attacked the Ariaria Police Divisional Headquarters and burnt it.

No worries about Buhari’s London stopover – FG

Minister of Foreign Affairs, Geoffrey Onyeama, has said that there is no cause for alarm over the president’s planned stopover in London after the 72nd Session of the United Nations General Assembly (UNGA).