business
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CBN Reacts To Cash Scarcity Reports
The Central Bank of Nigeria has refuted claims of cash scarcity at banks, automated teller machines, Points of Sale, and Bureaux de Change in various major cities nationwide. In an…
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Food Inflation and Price 0f Rice 2014-2022
The Food and Agriculture Organization states that the average price of a 50 kilogram bag of rice was N2,500 in 2000. The National Bureau of Statistics states that the average…
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Dollar to Settle At N650 to N750 Before End of 2023 – Chairman of Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele
Taiwo Oyedele has assured Nigerians that dollar could settle at N650 to N750 before the end of 2023. Oyedele is the Chairman of the Presidential Committee on Fiscal Policy and…
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Power distributors reject 114.53 MW/h in Q2 2023
The Nigerian Electricity Regulatory Commission (NERC) has revealed that power distributors grappled with a substantial average load rejection in the second quarter of 2023, despite the nation’s persistently low power…
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Inflation Rises To 26.72% In September 2023 – NBS
Inflation rate increased from 25.80% in August 2023 to 26.72% in September 2023. The National Bureau of Statistics (NBS) disclosed this in a statement on Monday, titled: CPI and Inflation…
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