Despite widely reported Naira’s rebound, Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. This was according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released today. “Looking at the movement, the March 2024 headline inflation rate s...
•(L-R) Keith Prue, Marcy Cohen, and John Bills test their camera equipment on the eve of a total solar eclipse across North America, in Cape Vincent, New York Eclipse mania is sweeping across North America as a breathtaking celestial event today promises a rare blend of commerce, science — and celebration. The Moon’s shadow will […]...
•Photo: A bomb explosion for illustration purposes only The Nigeria Army has said a minor explosion has hit the Ikeja Cantonment farmland in Lagos. The Nigeria Army yesterday posted on the official “X” account to explain that a minor explosion hit the farmland of the Ikeja Cantonment, near the Mammy Market . “This is to […]
The Debt Management Office of Nigeria has revealed that Nigeria’s public debt surged to N97.34trn ($108bn) as of the fourth quarter of 2023. DMO disclosed this in a statement made available to journalists today. Public debt is one of the ways for a country to get extra funds for economic development. This way, a country […]
•Metropolitan Hospital, Nairobi, Kenya A nationwide doctors’ strike in Kenya on Thursday paralysed health services at some government-run hospitals which are already suffering due to a lack of medicines and equipment. The medics are taking the action, now in its second week, to demand an increase in pay and better working conditions, their uni...
•A power transmission station Some residents of the Federal Capital Territory, Abuja and some areas in Kogi State are currently experiencing power outages due to technical glitches. The two areas are under the coverage of the Abuja Electricity Distribution Company, reports The PUNCH Yesterday, the AEDC informed its customers in Zamani Estate, ...
•Inter Milan’s forward Marcus Thuram fights for the ball with Napoli’s defender Amir Rrahmani (L) Inter Milan’s march towards a 20th league title was slowed down yesterday by reigning champions Napoli who escaped the San Siro with a creditable 1-1 draw. Juan Jesus nodded home Napoli’s leveller with nine minutes remaining after fighting back fr...
Bitcoin today hit a new record high above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. Checks show that the cryptocurrency coin is now at $71,196.85. It hit a peak of $71,432.
Uncertainty about the rate of commodities continues to beat the imagination of market forces and consumers with the month of Ramadan few days away. The situation is likely to worsen, going by the current economic situation in the country, reports Daily Trust. Both traders and consumers interviewed by our correspondents described the present da...
•TUC President Festus Osifo The Trade Union Congress (TUC) has responded to a dig by President Bola Tinubu where he told the labour unions to stop their protests and wait for 2027 to join the political process. The president at the inauguration of the Lagos Red Line project on Thursday asked told the labour unions […]