By Okeoghene Oghenekaro The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 33.88 per cent in October 2024. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for October 2024, which was released in Abuja on Friday. According to the report, theContinue Reading
By Lucy Ogalue The Federal Government has urged stakeholders in the building and construction sector to find lasting solutions to incessant building collapses across the country. The Minister of State for Industry, Trade and Investment, Sen. John Enoh gave the charge on Tuesday in Abuja at the National Conference onContinue Reading
By Martha Agas The Minister of Solid Minerals Development, Dr Dele Alake, has said that Nigeria must move beyond extraction in mining to reap the gains of the sector. Alake stated this at a press conference to kick-start activities of the ninth edition of the Annual Nigeria Mining Week onContinue Reading
By Martha Agas The Nigeria Mining Cadastre Office (NMCO) has issued 7,141 mining licenses, but only 1,000 are active, according to Director General Obadiah Nkom. Nkom said this while receiving the House Committee on Solid Minerals, led by Chairman Jonathan Gaza, at its office in Abuja on Tuesday. He emphasisedContinue Reading
By Kadiri Abdulrahman The Accountant- General of the Federation, Mrs Oluwatoyin Madein, says tracking and valuation of all Federal Government assets is necessary for accountability. Madein said this in an interview with newsmen on Tuesday in Abuja. She spoke against the backdrop of the Asset Tracking and Management Programme organisedContinue Reading
By Lucy Ogalue The newly appointed Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has pledged to prioritise the empowerment of Nigerian businesses through effective trade policies. Oduwole made the pledge upon her assumption of office on Monday in Abuja. She outlined her vision for the ministry, aimed atContinue Reading
By Rukayat Moisemhe Prof. Attahiru Jega, former Chairman, Independent National Electoral Commission (INEC), has called for the nurturing and entrenchment of good democratic governance to catalyse economic recovery. This, he said, would help achieve public goals beneficial to the citizens and place Nigeria on a sustainable trajectory of people-oriented development.Continue Reading
By Rukayat Moisemhe President Bola Tinubu and other stakeholders have advocated sound corporate governance to reposition the nation’s economy toward steady growth. The President, represented by the Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, spoke at the 2024 Annual Directors Conference in Lagos. The News Agency of NigeriaContinue Reading
By Constance Athekame The Transmission Company of Nigeria (TCN) has confirmed that bulk power supply has been restored to parts of northern Nigeria after weeks of blackout. The company successfully restored supply through its 330-kilovolt (kV) Ugwuaji-Apir transmission line I as of 4:56 p.m. on Wednesday. The TCN made thisContinue Reading
Okeoghene Akubuike The Federal Government says it is considering private sector funding through Public Private Partnerships (PPPs) for key projects in the Ministry of Innovation, Science and Technology. This is contained in a statement issued by Ifeanyi Nwoko, the Acting Head, Media and Publicity, Infrastructure Concession Regulatory CommissionContinue Reading
