Nigeria’s inflation has jumped to 25.80% for August 2023, according to the Consumer Price Index (CPI) released by the National Bureau of Statistics (NBS).  The latest figure is 1.72% points higher than the 24.08% reported in July, the Friday report added. “In August 2023, the headline inflation rate increased toContinue Reading

President Bola Tinubu has nominated Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN).  This is according to a statement from presidential spokesman Ajuri Ngelale. Cardoso will replace the Acting Governor of the CBN Folashodun Shonubi if confirmed by the Senate. “President Bola Tinubu has approvedContinue Reading

The Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola, CON, has charged member states on the need to achieve full ratification and domestication of all relevant instruments. Oyetola who also doubles as the Vice Chairman of the Abuja MOU spoke at the 13th Port State Control Committee MeetingContinue Reading