Annual inflation in Nigeria stood at 11.44 percent in December, up from 11.28 percent in November, the National Bureau of Statistics said on Wednesday in a report.
Inflation on the food price index was 13.56 percent, up from 13.30 percent. Reuters
The Department of Petroleum Resources (DPR) in Adamawa has raised concern over the involvement of filling stations near the border in the state in smuggling petroleum products. Acting Operation Controller of the DPR in Adamawa, Laminga Mohammed, disclosed this to News Agency of Nigeria (NAN) on Sunday in Yola. Mr Mohammed had led an operation […]
Lawyers for the Nigerian government filed “new and substantive” allegations of fraud with a British court on Friday, carrying on a fight against an arbitration award now worth close to $10 billion, a spokesman for the attorney general said. The government has been contesting efforts by British Virgin Islands-based Process & Industrial Developments (P&ID) to […]
The Federal Government has launched a probe into how a former Central Bank Governor connived with two serving ministers in the present administration to rip off no fewer than 65,000 Nigerians through official manipulation and transfer of their shares to foreign entities for pecuniary reasons. The probe was triggered by a strong petition filed by […]