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Global food prices up for 11th straight month in April

Nigeria, May 6 -- Global food commodity prices rose for the 11th consecutive month in April, led by sugar, oil, and meat the Food and Agriculture Organisation of the United Nations (FAO) has said. Th... Read More


Nigeria, Microsoft partner on 'digital transformation', target 27,000 jobs

Nigeria, May 3 -- The Nigerian government and Microsoft have detailed several projects aimed at intensifying the nation's move to become a more digital economy. Microsoft said Monday that after exten... Read More


NNPC confirms memo on zero oil revenue, blames 'unscrupulous persons' for leak

Nigeria, April 30 -- The Nigerian National Petroleum Corporation (NNPC) has said that the zero revenue projection contained in its letter to the Accountant General of the Federation pertains only to t... Read More


Fuel queues resurface in Abuja as NNPC speaks on price hike

Nigeria, April 20 -- Barely two months after petrol scarcity hit major cities across Nigeria, fuel queues have resurfaced in petrol stations in the Federal Capital Territory, Abuja. A PREMIUM TIMES c... Read More


Jollof rice 'inflation' rises 7.8% in March

Nigeria, April 19 -- The average cost of preparing a pot of jollof rice, a popular delicacy among Nigerians, rose 7.8 per cent between March 2020 and March 2021 in the country, a report has said. The... Read More


Food prices highest in Rivers, Niger, Gombe in March

Nigeria, April 15 -- Prices of food items rose the most in Rivers, Niger and Gombe in March, the consumer price index (CPI) report released on Thursday by the National Bureau of Statistics (NBS) has s... Read More


CAC aims to register new company within three hours

Nigeria, April 14 -- The Corporate Affairs Commission (CAC) says it will be possible for companies in Nigeria to be registered within three hours, before the end of 2021. The commission tweeted this ... Read More


Nigeria's external debt to revenue up 400% in 10 years - Sanusi

Nigeria, April 13 -- Nigeria's external debt to total revenue increased from 8 per cent in 2011 to 400 per cent in 2020, a former governor of the Central Bank of Nigeria (CBN) , Sanusi Lamido, has sai... Read More


Global food prices rise for 10th straight month

Nigeria, April 8 -- Global food commodity prices rose for the 10th conservative month in March, led by vegetable oils and dairy products, the Food and Agriculture Organisation of the United Nations ha... Read More


Nigerian businesses groan under govt's new registration protocol

Nigeria, April 7 -- A system upgrade by the Corporate Affairs Commission (CAC) that has transferred business registration entirely online, has left businesses in the country stranded for months, unabl... Read More