Nigeria’s inflation rate rises to 25.8% as food prices soar
The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 25.80 percent in August 2023 — up from 24.08 percent in the previous month. In its CPI report for August 2023, released on Friday, the National Bureau of Statistics (NBS) said the country’s inflationary […]
Nigeria’s public debt hit N87trn in Q2 — up by 75% from Q1 2023
The Debt Management Office (DMO) says Nigeria’s total public debt rose to N87.38 trillion in the second quarter (Q2) of 2023, recording an increase of 75.29 percent. This represents a N37.53 trillion increase in total public debt, compared to the N49.85 trillion reported at the end of the first quarter (Q1) of the […]
Lagos announces alternative routes as Third Mainland Bridge undergoes repairs from Sept 17
The Lagos state government has announced alternate routes for commuters as the third mainland bridge gets set for another round of palliative repairs this weekend. TheCable had reported that sections of one of the busiest roads in the country have failed for some time now, constituting a nightmare to drivers and worsening traffic. […]
Foreign airlines will be paid their unrepatriated funds, says FG
The federal government says it is currently working to pay off international airlines whose funds are trapped in the country. Festus Keyamo, minister of aviation and aerospace development, disclosed this on Thursday, at the closing ceremony of the 7th African Aviation Summit in Abuja. In June 2023, the International Air Transport Association […]

Newspaper Headlines: FG yet to recover CBN anchor borrowers’ loans from farmers
Reports on the collapse of the national grid, and the appointment of Zacch Adedeji as the new acting executive chairman of the Federal Inland Revenue Service (FIRS), permeate the front pages of Nigerian newspapers. Source: Top Stories
Off-cycle polls: Egbetokun assures Nigerians of adequate security
Kayode Egbetokun, acting inspector-general of police (IGP), says the force has put in place “watertight” measures to ensure free and fair governorship elections in Bayelsa, Imo and Kogi states. Egbetokun spoke in Abuja on Thursday during a meeting with strategic police managers and the media to highlight policies, breakthroughs and achievements of the […]
Tinubu: I’m not the president who gives excuses — Nigerians shouldn’t be poor
President Bola Tinubu says he will work to ensure Nigerians are taken out of poverty. A statement by Ajuri Ngelale, presidential spokesperson, on Thursday, said Tinubu spoke while receiving a 62-person delegation from Rivers state, at the State House, Abuja. The delegation comprised leaders of the All Progressives Congress (APC) and the opposition […]
Supreme court will correct errors in tribunal verdict, says PDP BoT
The board of trustees (BoT) of the Peoples Democratic Party (PDP) says it is confident that the supreme court will rectify the errors in the judgment delivered by the presidential election petitions tribunal. The PDP BoT position is contained in a communique issued at the end of a meeting in Abuja on Thursday. […]
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