Food prices rise as headline inflation declines
Although there was slight drop of 0.59 per cent in headline inflation in November, food inflation which is a key component of the entire inflation fig
Business
All the recent business news in Nigeria, economy and industry updates.
Senate approves Buhari’s $5.8bn external loan request
The Senate on Wednesday approved $5,803,364,553.50 and a grant component of $10 million under the 2018-2020 External Borrowing (Rolling) plan. The ap
N/Assembly approves N633bn budget for NCC
The National Assembly has approved a N633.393 billion budget of the Nigerian Communications Commission (NCC) for the 2022 fiscal year. The budget was
Petrol subsidy hits N1tr as NNPC paid N163bn in October
Subsidy payment being made by the Nigerian National Petroleum Company Limited (NNPC) on Premium Motor Spirit (PMS), otherwise called petrol, hit the N
Imports via Lagos airport rise by 31% in 1 month
The Murtala Muhammed Area Command of the Nigeria Customs Service, Lagos, says import through the command in November 2021 stood at N1.732 billion, ris