President Bola Tinubu welcomed German President Frank-Walter Steinmeier to the Aso Rock Presidential Villa on Wednesday as part of the German leader’s three-day state visit to Nigeria. Frank Walter Steinmeier, accompanied by a delegation of CEOs and top executives from Germany’s leading companies, was received with full ceremonial honours, including the national anthems of both…
The Consumer Price Index (CPI) which measures the rate of change in prices of good and commodities increased to 33.88 per cent in October compared to 32.70 per cent in September, the National Bureau of Statistics (NBS) said Friday. The 1.18 percentage increase in headline index was blamed on rising food and energy prices. According…
Nigeria’s central bank is prepared to use any “tools at our disposal” to manage inflation, its head Olayemi Cardoso said on Tuesday. Annual inflation in Africa’s most populous country accelerated in September for the first time in three months, reaching 32.70% (NGCPIY=ECI), which opens a new tab, spurred by higher food and energy costs….
Nigeria has officially joined the BRICS economic bloc as a partner country, alongside 12 other nations, marking a significant step in deepening its global economic relations. The announcement was made at the BRICS summit held in Kazan, Russia, from October 22 to 24, 2024, further consolidating Nigeria’s economic ties with emerging markets. In addition to…
