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Consumer Price Index
For the twelfth consecutive month, inflation rate has continued a downward trajectory, recording a slowdown from 15.37 per cent in December 2017 to 15.13 per cent in January 2018, a 0.24 percentage points decrease.
For the tenth consecutive month, inflation rate continued a downward trajectory, recording a marginal decline from 15.91 per cent in October to 15.90 per cent in November.
The Central Bank of Nigeria, CBN, is on course to realise its target of bringing the country’s inflation rate down to single digits by next year, its governor, Godwin Emefiele, said on Wednesday.
The National Bureau of Statistics has released the Consumer Price Index report, which measures inflation, with the rate dropping year-on-year from 16.01 per cent in August to 15.98 per cent in September.
Fitch Ratings Thursday affirmed Nigeria’s long-term foreign currency Issuer Default Rating (IDR) at ‘B+’ with a “negative outlook”.
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.
The Federal Government has identified fresh defaulting taxpayers and dispatched letters to them to take advantage of the Voluntary Assets and Income Declaration Scheme in regularising their tax status.
The City manager was charged by the FA on Friday for "wearing a political message," which is in breach of the English governing body's kit regulations.
The Department of Petroleum Resources, DPR, Jos Field Office, which discovered over 40, 000 litres of petrol hoarded by independent Marketers in Mangu Local Government Area of Plateau State, has ordered its sale at regulated price to members of the public. It also sealed three fuel stations in Jos South and Mangu LGA, for operating illegally.
Deputy President of the Senate, Senator Ike Ekweremadu, says the abduction of Dapchi schoolgirls is one of the signs that Nigeria is facing difficult times under the Buhari administration, saying they were possibly ill and starving in the forest.
Governor Ibrahim Gaidam has offered jobs to 38 first class graduates of the Yobe State University (YSU).
Operatives of the Nigerian Security and Civil Defense Corps (NSCDC), Kano State Command, have intercepted two trucks laden with 85,000 litres of petrol while trying to divert the product.
The wife of Kwara governor, Mrs Omolewa Ahmed, has promised to support students to establish anti-cancer clubs in tertiary institutions in the state to jointly wage war against the scourge in the country.
Embattled Australian Deputy Prime Minister Barnaby Joyce said Friday he would step down on Monday following a scandal which began when a newspaper revealed he had impregnated an ex-staffer during an extra-marital affair.
Delta State Commissioner, Ministry of Oil and Gas, Mofe Pirah, has given indication that three out of the four envisaged modular refineries in Delta located at Kwale, Okpai and Sapele with 10,000 bpd capacity upon getting approval will commence construction hopefully before the end of this year.
President Muhammadu Buhari said his government has sent more troops and surveillance aircraft to the entire North East territory on a 24-hour basis, to recover the schoolgirls abducted from the Government Girls Technical College, Dapchi in Yobe State.