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Nigeria’s inflation rate drops to 15.43% in July – NBS

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped to 15.43 per cent in July. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for July released in Abuja on Monday The report said that the July headline inflation rate showed a decrease …

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Naira gains N8.07 at official market

The Naira on Monday appreciated by N8.07 against the dollar at the official foreign exchange market, closing at N1,349.53. Data from the Central Bank of Nigeria (CBN) official website showed that the naira gained N8.07 from the N1,357.60 recorded on Friday. The gain represented a 0.6 per cent appreciation against …

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Customs hands over cannabis cookies worth N373.8m to NDLEA

The Nigeria Customs Service (NCS) has handed over seized cannabis-infused products, including cookies, to the National Drug Law Enforcement Agency (NDLEA), with an estimated street value of N373.8 million. The Comptroller-General of Customs (CGC), Dr Bashir Adeniyi, disclosed this during the handing over of the intercepted cannabis products at Tin …

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Gov. Zulum approves promotion benefits, leave grants

Gov. Babagana Zulum of Borno has approved immediate implementation of promotion benefits and payment of leave grants for civil servants across the state. The Commissioner for Information and Internal Security, Prof. Usman Tar, disclosed this in a statement made available to newsmen on Monday in Maiduguri. Tar said the decision …

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ECOWAS to award N91m to startups

The Economic Community of West African States (ECOWAS) says it is strengthening Micro, Small and Medium Enterprises (MSMEs) through a startup competition and cash awards scheduled for Sept. 28. ECOWAS Acting Director, Directorate of Private Sector and Industry, Mr Peter Oluonye, announced this at a news conference on Monday in …

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Ebola outbreak becomes deadliest in DR Congo’s history

UN’s World Health Organization (WHO) says Ebola Bundibugyo outbreak in the Democratic Republic of the Congo (DRC) is now the deadliest the country has ever faced. WHO, in a statement on Monday, said the disease had killed 2,325 people, surpassing the 2,299 deaths recorded in the DRC’s 2018-2020 outbreak, which was …

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NFF orders Super Falcons technical crew out

The Nigeria Football Federation (NFF) has directed members of the Super Falcons’ technical crew to step down with immediate effect. The federation announced the decision on Monday through its official social media platform, X, @thenff. “The Executive Committee had asked members of the technical crew of the @NGSuper_Falcons to step …

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