The National Bureau of Statistics (NBS), says South East residents paid the highest average price for Premium Motor Spirit (PMS), popularly referred to as petrol in Dec. 2021.
Oxfam, an international charitable NGO reported that the first two years of the COVID-19 pandemic helped in doubling the fortunes of the world’s ten richest people.
Bread and cereals, meat, fish, other food items accounted for rise in food inflation in December, 2021 to 17.37 per cent, as headline inflation rose to 15.63 per cent.
An NGO, National Action on Sugar Reduction (NASR) has lauded Federal Government’s decision to impose tax on sugary drinks to checkmate the spread of diabetes in the country.
The National President of Rice Farmers Association of Nigeria (RIFAN), Alhaji Aminu Goronyo, says association will empower one million farmers during the dry season farming to cultivate one million hectares of land.
Mr Bismarck Rewane, the Managing Director/Chief Executive Officer, Financial Derivatives Company, has predicted that the financial services industry will grow by 8.32 per cent in 2022.
Nigerian shares have hovered around 2021 highs, gaining over 4.4 per cent year-to-date, in spite of the December U.S. inflation report reinforcing Federal Reserve rate hike expectations.
The Board of Directors of Nigeria LNG Ltd. (NLNG) has approved the supply of 100 per cent of the company’s LPG production (propane and butane) to the Nigerian market.
The Nigeria LNG Limited has announced the decision of its board of directors to make 100 per cent supply of the Liquefied Petroleum Gas (butane and propane) produced by the company to the Nigerian market.
The bulls resurfaced on the Nigerian Exchange Ltd. on Wednesday with the All-Share Index hitting 44,000 mark following investors’ interest in Dangote Cement and 23 others.