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Nigeria suffers highest inflation rate since March 2018
Nigeria’s inflation rate grew to 12.82% (year-on-year) in July, compared to 12.56% recorded in June 2020, the statistics office said on Monday. The National Bureau of Statistics report shows that July Consumer Price Index rose by about 0.26 percent points higher than the 12.56 per cent recorded in June, indicating the highest rate since March […]
Buhari orders distribution of seized rice to Nigerians
President Muhammadu Buhari on Monday ordered the distribution of 150 trucks of rice seized by Nigeria Customs Service to the 36 states of the federation in a bid to cushion the effect of the coronavirus. The Minister of Finance, Budget and National Planning, Zainab Ahmed disclosed this while fielding questions from journalists at a briefing […]