The total domestic debt stock may have risen by 133.95 per cent to N51.96tn as of the end of 2023. This is based on new revelations by the Director-General of the Debt Management Office, Patience Oniha. While speaking to CNBC Africa on the sidelines of the discussions for the establishment of the African Debt Managers […]
The National Bureau of Statistics (NBS) today Friday, December 15, said the inflation rate rose from 27.33% in October 2023 to 28.20% in November 2023. This was contained in its document tagged: “CPI and Inflation Report November 2023.” The report said: “In November 2023, the headline inflation rate increased to 28.20% relative to October 2023...
•CBN governor, Yemi Cardoso The manufacturing sector suffered a 400 percent increase in net foreign exchange loss to N466 billion in nine months ending September, reflecting the severe impact of the foreign exchange (Forex) market regime. Sector operators said the current forex situation has compounded the pressures emanating from the removal ...
Survivors of the error bomb attack at Tudun Biri, Igabi Local Government Area of Kaduna State, have reported the death toll from the incident has risen to 127 as of yesterday evening. The survivors, who claimed to have carried out count of the people who attended the Maulud Nabbiy celebration when the drone attack happened, […]
•Indonesia volcano The total number of hikers found dead after a volcano eruption in Indonesia has risen to 13 after two more bodies were found, a local rescue official said today. “The total number of people who have died is currently 13,” Abdul Malik, head of Padang Search and Rescue Agency said, adding that 10 […]
Nigeria’s debt to China increased from $3.93bn as of June 30, 2022, to $4.73bn as of June 30, 2023, showing an increase of $800m in one year. It is an increase of 20.36 per cent from the second quarter of 2022 to Q2 2023, according to an analysis of the external debt stock data from […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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