Chief Economists Outlook: More Economic Uncertainty on the Horizon
Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as the global economy continues to grapple with headwinds from tight financial conditions, geopolitical rifts and rapid advances in generative artificial intelligence…
Nigeria’s inflation hits 28.92%
Nigeria’s headline inflation grew stronger by 72bps to 28.92% y/y in December (November: 28.20% y/y). Otherwise, on a month-on-month basis, headline inflation rose by 20bps to 2.29% (November: 2.09% m/m). Food inflation maintained its uptrend in December, rising by 109bps…
Just in: Senator Ubah, Police douse leadership tension in ASPMDA
Following the failed attempt to takeover leadership in the largest auto trading complex in Africa, the Auto Spare Parts and Machinery Dealers Association (ASPMDA) on Saturday, January 13 by one Mr. James Umeji (popularly known as JimBest), today, Monday, January…
LIRS Insists on Jan. 31st for Employers to Submit Annual Tax Returns
In accordance with applicable tax legislation, the Lagos State Internal Revenue Service (LIRS) has communicated a reminder to all Employers of Labour to submit their annual tax returns on or before the stipulated deadline of January 31, 2024. Mr. Ayodele…
NITDA Hails Unbundling of HND Computer Science Programme into Specialised Fields
The National Information Technology Development Agency (NITDA) has commended the recent decision by the National Board for Technical Education (NBTE) to unbundle the Higher National Diploma (HND) in Computer Science programme into four distinct specialisations: Artificial Intelligence, Network & Cloud…
Sanwo-Olu’s Taskforce begins mop-up of Okada on Badagry Expressway
The Lagos State Taskforce has vowed to bring the operations of recalcitrant Okada operators in the State to a complete halt as it carries out the week long raid across various parts of the Metropolis. The week long exercise was…
NITDA begins amendment of guidelines for ICT Service Contractors to MDAs
To drive quality of service delivery, the National Information Technology Development Agency (NITDA) is undertaking a comprehensive review of the Guidelines for Registration of ICT Service Providers/Contractors, designed to streamline the process for the delivery of IT services to Ministries,…
Dangote Refinery commences production of diesel, aviation fuel
In view of the eventual commencement of production activities, seven months after the official commissioning by former President Muhammadu Buhari, President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice…
How Corrupt Tendencies forced suspension of National Social Investment Schemes
President Bola Ahmed Tinubu, GCFR, has suspended all administered programmes by the National Social Investment Programme Agency (NSIPA). This is further to the ongoing investigation of alleged malfeasance in the management of the agency and its programmes. All four (4)…
National Council On Mining to hold Stakeholders Confab in Ilorin
Stakeholders in the Minerals and Metals sector will gather in Ilorin, Kwara State capital to address key thematic areas that will enhance the repositioning of the sector for rapid socio-economic growth and development of the country. The meeting is scheduled…
