Economy

Nigeria’s inflation rate soars for 5th consecutive month to 22.41% in May 2023

By Onome Amuge Nigeria’s inflation rate rose  for the fifth straight month in the year to 22.41 per cent in…

NLC, TUC suspend planned strike after meeting with government

By Business A.M. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have resolved to suspend the nationwide…

Nigeria records N927.2bn trade surplus in Q1 2023 

By Onome Amuge Nigeria recorded N927.16 billion trade surplus in the first quarter of 2023 as total exports between January…

NLC declares nationwide strike from Wednesday over fuel price increase

By Business A.M. The Nigeria Labour Congress (NLC) has announced that its members will embark on a nationwide strike from…

Petrol to cost N500 per litre as NNPC increases prices nationwide

By Business A.M. The Nigerian National Petroleum Company Ltd (NNPCL) has effected an upward adjustment in the price of petrol…

NEITI offers strategic measures  to manage fuel subsidy removal

By Cynthia Ezekwe  The Nigeria Extractive Industries Transparency Initiative (NEITI) has unveiled measures to manage subsidy removal while mitigating the…