By Ayomide Otitoju The NBS said the July figure represented a 0.48 percentage-point decrease from the previous month. On a month-on-month basis, headline inflation stood at 1.57 per cent in July, down from 1.66 per cent in June. The bureau said the decline indicated that the average price level increased at a slower rate in…
By Ayomide Otitoju The Bauchi State local government council elections are taking place across the state on Monday, with the government declaring a public holiday to enable residents to participate in the exercise. The Bauchi State Secretariat was largely deserted, while markets remained open and streets were busy as voting got underway. Reports from polling…
US President Donald Trump has ordered the Pentagon to substantially reduce joint military exercises with South Korea, describing the drills as “inappropriate and hostile” despite the exercises having already begun. Trump cited his relationship with North Korean leader Kim Jong Un, saying he was unhappy that the United States had agreed to participate in the…
Ipswich Town manager Gary O’Neil has completed a double signing raid on his former club Strasbourg, bringing in Julio Enciso and Abdoul Ouattara ahead of the new Premier League season. Enciso has returned to Ipswich in a deal reportedly worth £25 million after previously spending six months on loan at the club from Brighton in…
By Ayomide Otitoju The Tegbe Foundation has concluded its #JTstrikesDiamond Empowerment Initiative, providing financial support to 60 small businesses and social enterprises across Oyo State. The initiative, which was largely targeted at youth-led enterprises, saw each beneficiary receive grants ranging from ₦100,000 to ₦500,000. The foundation held a closing ceremony in Ibadan to mark the…
Chelsea midfielder Enzo Fernandez was jeered by some supporters after coming on as a substitute during the club’s 3-1 friendly victory over Real Sociedad at Stamford Bridge on Saturday. Fernandez entered the game in the 62nd minute, replacing Reece James, with sections of the home crowd making their displeasure known. The 25-year-old Argentina international previously…
By Ayomide Otitoju The Lagos State Government has intensified monitoring of major healthcare infrastructure projects as the 280-bed Ojo General Hospital nears completion and construction advances on the new 180-bed Somolu General Hospital. The Commissioner for Health, Prof. Akin Abayomi, disclosed this during an inspection of the two projects on Friday, saying the Ojo facility…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Extractive Industries Transparency Initiative (EITI) have pledged to strengthen cooperation on transparency, deeper disclosures and compliance with global EITI standards. The commitment followed a recent visit by EITI Africa Country Director, Gilbert Makore, to the NNPC Towers as part of the ongoing…
By Ayomide Otitoju The proposed 1.5 per cent stamp duty on virtual asset transactions in Nigeria has sparked debate over whether the levy will make cryptocurrency transactions more expensive and push users towards alternative channels. However, Bidemi Oke, a crypto industry professional, argues that the bigger concern is not simply the size of the levy…
