Economy

Equity market shrinks by ₦931 billion

The equity market, on Wednesday, dipped further as the market capitalisation shed ₦931 billion or 1.47 per cent to close at ₦62.257 trillion, having...

Fubara to donate ₦50 million to widows of military personnel

Gov. Siminalayi Fubara of Rivers has announced a ₦50 million donation to widows of service personnel, who lost their lives defending the country. He announced...

Inflation surges to 34.80%: NBS

The National Bureau of Statistics has reported that Nigeria’s inflation rate rose to 34.80% in December 2024, reflecting a slight increase from the 34.60%...

Cyberattack disrupts NBS website, delays key economic data release

The National Bureau of Statistics, Nigeria’s key agency for data dissemination, is still reeling from a cyberattack on its official website, which occurred on...

NCC suspends USSD services for nine banks over unpaid debts

The Nigerian Communications Commission has authorised telecommunications companies to disconnect the Unstructured Supplementary Service Data (USSD) codes assigned to nine financial institutions due to...

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