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Lagos, Nigeria
Sunday, October 22, 2017

Inflation Rate Drop Further To 15.98 Percent In September

 The Consumer Price Index, CPI, which measures inflation, dropped to 15.98 per cent in September, the National Bureau of Statistics, NBS report reveals.According to...

Nigeria Exits Its Worst Economic Recession — NBS

 The National Bureau of Statistics (NBS) says Nigeria has exited its worst economic recession in more than two decades, notching up growth of 0.55...

Nigeria’s Inflation Rate Drops To 16.05% — NBS

 The National Bureau of Statistics (NBS) says the inflation rate dropped from 16.1 per cent in June to 16.05 per cent in the month...
monetary policy rate

CBN Retains Monetary Policy Rate, MPR At 14 Percent

  The Central Bank of Nigeria (CBN) on Tuesday says it is retaining the Monetary Policy Rate (MPR), a benchmark for lending by banks at...

Uber To Shut Down Operations In Lagos

 Uber, the convenient, inexpensive and safe taxi service is shutting down its operations in Lagos albeit temporarily.The move follows the Lagos State government decision...
Nigeria’s inflation

Nigeria’s Inflation Rate Falls To Lowest In A Year In June

 Nigeria’s inflation rate fell for a fifth straight month in June, dropping to the lowest in a year as growth in prices of most...

Osinbajo Urges Dangote, Others to Make Nigeria Competitive

 The Acting President, Prof. Yemi Osinbajo, on Tuesday inaugurated the National Industrial Policy and Competitiveness Advisory Council with a directive to create the chance...

LCCI Director-General Calls for Decentralisation of TSA

 Mr Muda Yusuf, the Director-General of Lagos Chamber of Commerce and Industry (LCCI), has called for a review of operation of The Single Treasury...
monetary policy rate

Again, CBN Retains Monetary Policy Rate at 14percent

 The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent.The CBN Governor,...

Nigerian Economy Shrinks By 0.5% In First Quarter

 Nigeria’s economy contracted for a fifth straight quarter, official figures showed Tuesday, as low oil production dented overall output.Gross domestic product shrank by 0.5...

Fashola: FG Needs N100 billion To Reconstruct Apapa Road

 The federal government need N100 billion to reconstruct the Apapa road, the Minister of Power, Works and Housing, Babatunde Fashola has disclosed.In a statement...
NBS report

Nigeria Inflation Declines By 0.02 Percent In April— NBS Report

 The National Bureau of Statistics (NBS) on Tuesday disclosed that Nigeria’s inflation rate dropped by 0.02 percent in April.According to the NBS in its...

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Lagos, Nigeria
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