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
Shareholders of Dangote Cement on Wednesday were full of praise for the Board, Management and staff of the company after approving the dividend payout of N144.8 billion, which translated to N8.50 kobo per share as against N8 per share, that was paid in the corresponding period of 2015. Speaking at the company’s annual general meeting […]
The Nigeria Immigration Service (NIS) says it has intercepted 42 bags of foreign rice at Kankara axis of Katsina State. The NIS Public Relations Officer, Sunday James, who disclosed this in a statement made available to News Agency of Nigeria (NAN), on Saturday in Abuja, said that it was concealed in a vehicle. Mr James […]
The oil market is in a state of flux. While demand continues to grow at a brisk pace, supplies hit a record 100 million barrels per day (BPD) in August, according to the latest oil market report from the International Energy Agency (IEA). That’s after Iraq delivered record-setting production while supplies from Libya rebounded. Because […]