The prices of foodstuffs used in preparing jollof rice increased by 9.7 percent between September 2022 and March 2023. This is contained in SB Morgen’s latest report, titled, ‘The SBM Jollof Index: Remaining Within a Vicious Cycle’. The index covers major food items used in making a pot of jollof …
Read More »Nigeria’s total public debt stock hits N46.25trn in Q4 2022 – NBS
Nigeria’s total public debt stock consisting of domestic and external debt stocks of the Federal Government of Nigeria, the 36 State Governments and the Federal Capital Territory hit N46.25 trillion or 103.11 billion dollars inn Q4 2022. The National Bureau of Statistics (NBS) made this known on Friday in its …
Read More »Banks confirm receiving more cash, load ATMs
The Central Bank of Nigeria has released more old notes to Deposit Money Banks as the apex bank steps up efforts to flood the economy with more cash after a prolonged cash crunch that has made life difficult for millions of Nigerians and residents. The CBN had on Thursday begun …
Read More »Why has the UK government banned TikTok?
The app has been banned by various governments around the world The UK government has officially banned the TikTok app from devices across government due to national security concerns. Oliver Dowden, chancellor of the Duchy of Lancaster, confirmed the decision during an address in House of Commons on Thursday. Dowden’s …
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