Category: General

Nigeria’s inflation rate rose to 32.70% in September -NBS

The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 32.70 per cent in September 2024.

The Statistician-General of the Federation, Adeyemi Adeniran, revealed this in a statement issued on the Consumer Price Ind…

World Bank approves $500m COVID-19 grant for Nigeria

The World Bank has announced a 500-million-dollar grant to support Nigeria’s recovery efforts from the impacts of the COVID-19 pandemic.

The fund will be utilised through the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) pr…

NDIC and the task of protecting Nigerians’ banking interests

It was Eric Hoffer, an American moral and social philosopher who observed that disappointment is a sort of bankruptcy, the bankruptcy of a soul that expends too much in hope and expectation.

The Hoffer quote captures the disposition of many bank cust…

FG rewards Nigerian vehicle designer with electric car

The Federal Government has rewarded Mr Enoch Tobiloba with an electric car, after emerging the winner of a challenge to design a hybrid car that uses both Compressed Natural Gas (CNG) and electricity.

Mr Joseph Osanipin, Director-General, National Au…

ECOWAS court gets new leadership as Asante bows out

The ECOWAS Court of Justice (CCJ) has elected Cape Verde’s Justice Ricardo Gonçalves as its new President.

It also elected Sierra Leone’s Justice Sengu Koroma as new Vice President, both for non-renewable four-year tenure.

They were elected by the c…