Bismarck Rewane Questions Credibility of Nigeria’s Inflation Data Over Regional Price Disparities
Bismarck Rewane has questioned Nigeria’s inflation data, citing discrepancies between high food prices in producing states and low rates elsewhere.
Bismarck Rewane has questioned Nigeria’s inflation data, citing discrepancies between high food prices in producing states and low rates elsewhere.
Honda is set to shift focus to hybrid cars, cutting investments in electric vehicles by 30% amid slowing demand.
Dangote Petroleum Refinery pledges stable petrol prices, supporting Nigeria’s economy despite global oil price fluctuations and market uncertainties.
Wood McKenzie warns NNPC’s oil and gas production could halve by late 2030s due to sub-commercial assets and project gaps.
The federal government has announced plans to roll out N3.3 trillion fibre lines and telecom towers across Nigeria starting Q4 2025.
Fidelity Bank denies bankruptcy rumours, insists it remains financially strong, despite media reports linked to legacy $3 million court judgment.
Minister Bosun Tijani has revealed Nigeria’s Digital Economy sector drew $191m in FDI in Q1 2024, a nine-fold increase from Q1 2023
China has said plans are underway to establish electric vehicle factories in Nigeria, pledging deeper collaboration on solid minerals development.
The TCN has called on host communities to help protect power infrastructure, decrying costly vandalism and sabotage across the country.
OPIT aims to train African professionals in AI, data science, and cybersecurity through flexible, EU-accredited online degree programs.
The DMO alloted N4.28 billion in FGN Savings Bonds for May 2025, offering secure government-backed investments.
State Petroleum Minister Lokpobiri has confirmed the renewal of Kolmani oil license, says Nigeria aims for 2.5 million barrels daily production.
Eight top Nigerian Banks, including Zenith, Access, UBA, posted N165.27bn electronic banking income in Q1 2025 despite Fintech competition.
A new digital finance application, Ultra App, has launched in Nigeria, offering users a combination of traditional payment services and cryptocurrency transactions in one platform. Spearheaded by tech entrepreneur and
Nigeria secures €100 million concessionary funding from French Treasury to boost creative infrastructure and support public-private sector growth.
Sun King secures $80 million financing from IFC and Stanbic IBTC to expand off-grid solar access in Nigeria.
NUPRC plans to increase active oil rigs from 36 to 50 by year-end, boosting Nigeria’s upstream petroleum sector.
Sahara Group’s Kola Adesina lauds Tinubu’s bold energy reforms, highlighting subsidy removal and transparency as game-changers in Nigeria’s petroleum sector.
Nigeria’s inflation rate has fallen to 23.71% in April 2025, while food inflation declined to 21.36%.
Airtel CEO Dinesh Balsingh has highlighted the economic impact of telecommunications as a vital sector for national growth.
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