For the past decades, the rate of unemployment in Nigeria has continued to generate debate among Nigerians locally and internationally. Most people in the country’s labor force are either unemployed or underemployed. This stat was one of the key highlights of latest unemployment rate released by Nigeria’s Bureau of Statistics.[Read More…]
News
“We can’t continue subsidy’ — NNPC GMD says petrol may sell for N234 per litre
Mele Kyari, general managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says the company cannot continue to bear the subsidy burden Petroleum Products Pricing Regulatory Agency (PPPRA) had released a template increasing petrol price to N212 per litre — but the template was later deleted. Speaking during a[Read More…]
WAEC delists 42 Benue schools for exam malpractices
The West African Examination Council has delisted 42 schools in Benue for examination malpractices. The Commissioner for Education, Dennis Ityavyar, confirmed this on Wednesday in Makurdi. “Let me inform the public that WAEC has delisted 42 schools in the state, and most of them are private schools. There are two[Read More…]
Petrol price hits N212.61 per litre – PPPRA
Price of Premium Motor Spirit (PMS) otherwise called petrol has soared to N212.6 per litre, Petroleum Products Pricing Regulatory Agency (PPPRA) said in a new monthly template. The template published Thursday night shows that the retail price of petrol would sell between market band of N209.61 and N212.61. Marketers usually[Read More…]
New Petrol Price Imminent as Landing Cost Hits N180 Per Litre
THERE were indications, Monday, that stakeholders would soon emerge with a new price of petrol as the landing cost of the product rose from N151 to N180 per litre, due mainly to rising price of crude oil in the international market. The rise of crude oil price from $58 to[Read More…]
New Service Chiefs And The Task Ahead
President Muhammadu Buhari had recently appointed new service chiefs as the tenure of the former service chiefs expired. He appointed Maj Gen Lucky Irabor, Chief of Defense Staff, Maj Gen I Attahiru, Chief of Army Staff, Rear Admiral AZ Gambo, Chief of Navy Staff, and Air Vice Marshal I.O. Amao,[Read More…]
Firstbank Supports Schools With Array Of Exciting Educational Solutions
First Bank of Nigeria Limited is supporting schools with an array of educational based products and solutions targeted at enabling the acquisition of various facilities to boost the continuous expansion and improvement of the educational sector. Parents are not left out, as the Bank has bespoke products which empowers parents[Read More…]
Multichoice Decries Monopoly Allegations By Broadcasting Regulations
African broadcast company, MultiChoice has stated that the attempts by the Independent Communications Authority of South Africa (ICASA) to stimulate competitiveness in the playing fields among local broadcasters will have unintended consequences. “We should not be trying, through regulation, to bring MultiChoice to its knees,” said MultiChoice Group CEO, Calvo[Read More…]
Price Of Cooking Gas Increased In December- NBS
The National Bureau of Statistics (NBS) on Saturday said the average price for refilling five kilogrammes cylinder of cooking gas increased to N1,949.75 in December 2020 from N1,947.47 in November. The bureau said this in its “Liquefied Petroleum Gas (Cooking Gas) Price Watch” for December 2020 obtained from its website[Read More…]
Nigeria’s Food Inflation Worsens, Hits 19.56%: Data Office
Nigeria’s inflation rate rose to 15.75 percent in December 2020, a 0.86 percent increase from 14.89 percent in November, the National Bureau of Statistics (NBS) said Friday morning in its monthly inflation report. The statistics office disclosed that food inflation surged to 19.56 percent last month, representing a 1.26 percent[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]