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Surging food prices push inflation to 15.63% — first increase after 8 months of decline

    Surging food prices push inflation to 15.63% — first increase after 8 months of decline

The consumer price index, which measures the rate of increase in the price of goods and services, increased to 15.63 percent in December 2021. This is the first increase after

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Clerical error: Supreme court reverses 2019 judgment in GTBank/Innoson suit

    Clerical error: Supreme court reverses 2019 judgment in GTBank/Innoson suit

The supreme court has reversed its earlier decision which dismissed an appeal by Guaranty Trust Bank (GTB) against N2.4billion judgment given in favour of Innoson Vehicles Manufacturing, an automobile company.

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Emirates resumes flights from five African countries — but not Nigeria

    Emirates resumes flights from five African countries — but not Nigeria

Emirates Airlines, flag carrier of the United Arab Emirates (UAE), has announced the resumption of passenger flight operations to and from Ghana, Guinea, Angola, Ivory Coast and Uganda. However, flights

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‘Nigeria has minerals that can power electric cars’ — minister woos investors

    ‘Nigeria has minerals that can power electric cars’ — minister woos investors

Olamilekan Adegbite, minister of mines and steel development, says Nigeria has “the minerals of the future” that can power electric cars and phones. Adegbite told investors during one of the

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Air Peace introduces priority boarding for Nigerian military personnel

    Air Peace introduces priority boarding for Nigerian military personnel

Air Peace has announced the introduction of a priority boarding policy for Nigeria’s military personnel — both serving and retired.

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Customs targets N4.1trn revenue in 2022

    Customs targets N4.1trn revenue in 2022

The Nigeria Customs Service (NCS) says it has a revenue target of N4.1 trillion in 2022. NCS had said it

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Emefiele: Pan-African payment platform will reduce use of dollars, pounds in continent’s trade

    Emefiele: Pan-African payment platform will reduce use of dollars, pounds in continent’s trade

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the pan-African payment and settlement system (PAPSS) will simplify

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Rewane: Nigeria’s inflation rate will remain high in 2022

    Rewane: Nigeria’s inflation rate will remain high in 2022

Bismarck Rewane, chief executive officer of Financial Derivatives Company, says the country’s inflation rate will remain structurally high at a

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Buhari okays Ogechi Paschal-Ejiogu as non-executive director of NSIA

    Buhari okays Ogechi Paschal-Ejiogu as non-executive director of NSIA

President Muhammadu Buhari has approved the appointment of Ogechi Paschal-Ejiogu to the board of directors of the Nigeria Sovereign Investment

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FG appoints Matthew Pwajok as acting MD of NAMA

    FG appoints Matthew Pwajok as acting MD of NAMA

The federal government has approved the appointment of Matthew Pwajok as the acting managing director of the Nigerian Airspace Management

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