The consumer price index (CPI), which measures the rate of change in prices of goods and services, hit a five-year record high leapfrogging from 17.71 per cent in May to 18.60 per cent in June 2022.The National Bureau of Statistics (NBS) disclosed...
At the height of its powers the pocket-sized music player known as the iPod shifted tens of millions of units each year, helping Apple to conquer the globe and transforming the music industry.But that was the mid-2000s –- a lifetime ago in the tec...
Twitter has spoken — after Elon Musk polled his more than 62 million followers on whether he should sell 10 percent of his Tesla shares, by Sunday a majority had voted “yes.”“I was prepared to accept either outcome,” said Musk, who regularly takes...
President Muhammadu Buhari on Tuesday said 1.5 trillion dollars is the cumulative estimated amount needed by Nigeria over a ten-year period, to achieve an appreciable level of the National Infrastructure Stock.President Buhari gave the figure in G...
President of the African Development Bank Group, Akinwumi Adesina, on Tuesday lamented that a paucity of energy was negatively affecting the growth of Nigerian industries.Adesina made the comment while speaking at a meeting organised by the Manufa...
The Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit Money Banks (DMBs) to desist fromtransacting in cryptocurrencies.In a statement on Sunday, Osita Nwanisobi, Acting Director, Corporate Communications,...
Vice President Yemi Osinbajo says Nigeria’s desire and pursuit of economic growth and sustainable development is best achieved through the adoption of merit as a national value.He made the remarks in a keynote address delivered at the Nigeria Lead...
When it comes to the thorny subject of whether the President Muhammadu Buhari-led federal government should continue paying for subsidies on petrol or allow market forces to determine the pump price of the product, there is no clear consensus, it ...
Mr Patrick Lee, the Chairman of the Association, disclosed this during an interview with the News Agency of Nigeria (NAN) in Lagos.He said that since the lockdown in March, the industry kept losing N1billion on a monthly basis rendering most of th...
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