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According to the National Bureau of Statistics in its recently released inflation report, Nigeria’s inflation rate fell further in November 2021, to 15.4 percent, from 15.99 percent the previous month. According to the report, the latest figures are the lowest since November 2020, when the CPI rose by 14.89 percent. Meanwhile, on a month-to-month basis,…
The Minister of Industry, Trade and Investment, Mr Niyi Adebayo, revealed last Thursday that the current security challenges in some parts of the country were the main reasons Nigeria fell off the list of top 10 preferred investment destinations in Africa in recent years. The minister said this while briefing State House correspondents at the weekly Ministerial briefing organised…
Governor Babajide Sanwo-Olu of Lagos State wants the Federal Government to grant the Lagos a special consideration in the implementation of the National Development Plan, (NDP) to enhance the state’s capacity as the leadig driver of the nation’s economic growth. The governor, speaking at the third Nigeria Public-Private Partnership, Network, NPPN, hosted by the Lagos State…
Economic and Medical experts have warned that Nigeria’s economy could be under intense pressure as more people become exposed to newer and deadlier variants of COVID-19. Only 3,774,203 Nigerians, that is 1.887 per cent of the country’s 200 million population and about three percent of eligible persons fully vaccinated against COVID-19. The latest SARS-CoV-2 variant,…
In recent times more positive reports have been coming from Nigeria’s apex regulatory body in banking with the recent revelation by The Deputy Governor, Financial System Stability, Central Bank of Nigeria (CBN) and Chairman FITC Board, Mrs. Aisha Ahmad, that the Loan-to-Deposit ratio (LDR) has hit about N7 trillion on bank savings. Mrs Ahmad stated that…
The best advertising agencies in Nigeria emerged at the 2021 edition of the Lagos Advertising and Ideas Festival (LAIF) Awards organised yearly by the Association of Advertising Agencies of Nigeria (AAAN). X3M Marketing Ideas Limited, Dentsu MCGarrryBowen Limited, Insight Publicis Limited and Noah’s Ark Communications Limited emerged the top four Nigerian agencies on the 2021…
