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Day: January 6, 2023

2022 Saw a Record-breaking Global Food Prices.
Commodities

2022 Saw a Record-breaking Global Food Prices.

The average price index of the UN food agency reached its highest level ever last year, according to Reuters, as…

byakintundeJanuary 6, 2023January 7, 2023
Inflation in the Euro Zone Drops To 9.2% as Energy Prices Stabilize.
FinanceMarket

Inflation in the Euro Zone Drops To 9.2% as Energy Prices Stabilize.

The European Central Bank is not expected to change its stance in response to the euro zone’s inflation declining for…

byakintundeJanuary 6, 2023January 6, 2023
The Niger Government Enacts a N243 billion Appropriation Bill.
Business

The Niger Government Enacts a N243 billion Appropriation Bill.

The 2023 appropriations bill, totaling more than N243 billion, has been signed into law by Niger State Governor Abubakar Sani-Bello.…

byakintundeJanuary 6, 2023January 7, 2023
Customs Seize 156 Trailers Carrying Grains, PMS, and Other Items.
Local

Customs Seize 156 Trailers Carrying Grains, PMS, and Other Items.

According to the Federal Operations Unit, Zone A of the Nigeria Customs Service, 93,102 bags of 50kg rice—equivalent to 156…

byakintundeJanuary 6, 2023January 6, 2023
NNPC Denies Exporting 17.88m Barrels Crude Oil without Proper Documentation.
Commodities

NNPC Denies Exporting 17.88m Barrels Crude Oil without Proper Documentation.

The Nigerian National Petroleum Company Limited disputed claims that the oil company illegally exported 17.88 million barrels of crude oil.…

byakintundeJanuary 6, 2023January 6, 2023
Alleged Attack on the CBN Headquarters by a Group.
Local

Alleged Attack on the CBN Headquarters by a Group.

The Coalition of National Interest Defenders, a human rights group, alerted authorities to a new scheme to launch what it…

byakintundeJanuary 6, 2023January 7, 2023
Nigeria Debt Profile: 28 Governors Accrue N5.8 trillion in Debt.
BusinessLocal

Nigeria Debt Profile: 28 Governors Accrue N5.8 trillion in Debt.

In the midst of the current economic crisis, the minister of the Federal Capital Territory and the 28 governors of…

byakintundeJanuary 6, 2023January 7, 2023
China Leads Nigeria’s Imports in the Q2 of 2022, while India Leads Exports.
Business

China Leads Nigeria’s Imports in the Q2 of 2022, while India Leads Exports.

According to data from the National Bureau of Statistics, China was Nigeria’s top import source in the second quarter of…

byakintundeJanuary 6, 2023February 7, 2023
EU Provides Solar Grid Facility Worth $3.4 Million to 76,000 Nigerians.
Energy

EU Provides Solar Grid Facility Worth $3.4 Million to 76,000 Nigerians.

The Nigerian company Okra Solar has been given permission by the European Union (EU) to utilise a $3.4 million working…

byakintundeJanuary 6, 2023January 6, 2023

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