Headline inflation eased for a fourth straight month in July to 21.88% from 22.22% in June following an update to the CPI basket and base year. However, food inflation ticked
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The EFCC said it will arraign 23 suspected internet fraudsters arrested during a raid at a hotel located within the Olusegun Obasanjo Presidential Library complex in Abeokuta. According to investigators,
President Bola Tinubu has directed his economic team to pursue policies capable of lifting average annual GDP growth to 7% by 2027, with a longer-term ambition to quadruple the economy
The federal government has approved the refinancing of approximately ₦4 trillion in power-sector debts owed to 27 generation companies for unpaid invoices dating from 2015 to 2023. According to Finance
Dangote Refinery announced the import of 4,000 natural gas‑powered trucks to deliver products directly to large customers nationwide. The investment aims to lower logistics costs and improve availability by bypassing
The Academic Staff Union of Universities warned it may embark on a nationwide strike if long‑standing issues—such as the renegotiation of a 2009 agreement and salary arrears—remain unresolved. The union
A federal high court in Abuja arraigned five men in connection with the June 2022 attack on St Francis Catholic Church, Owo, which left dozens dead and many injured. The
Airtel said high device costs and limited affordability are weighing on 5G adoption, even as operators commit new capital to improve service quality. Regulators expect noticeable improvements within months as
After a week‑long warning strike, nurses’ unions suspended industrial action following discussions with federal officials. The agreement includes timelines to review pay scales, address shortages through accelerated recruitment, and improve
MTN Nigeria reported a return to profitability in the first half of 2025, supported by growth in active data users and price adjustments. Management highlighted ongoing network investments and a
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