Archives for July 18, 2022
Inflation weighs heavily on results of UK motor insurer Sabre
By Matt Sheehan--'UK motor insurer Sabre Insurance Group has reported that the “exceptional inflation event” experienced so far in 2022 has weighed heavily on its results for the first half…
Finally Marketers take laws into their hands, hike petrol price to N170-N190/litre
Fuel Premium Motor Spirit popularly known as petrol will now be sold between N170/litre and N190/litre in filling stations across the country, following what is believed to be a subtle…
CBN’s MPC begins two-day economic meeting today
The Central Bank of Nigeria’s Monetary Policy Committee will begin its two-day bi-monthly meeting on Monday (today). This came as analysts at Cordros Securities predicted that the MPC would retain…
Nigeria’s inflation overshoots World Bank projection by 20%
Despite raising its Monetary Policy Rate (interest rate), Nigeria’s inflation rate is now 20 per cent above the World Bank’s projection of per cent. In its recent ‘Nigeria Development Update…
Court can’t help you, lawyer tells Gov Oyetola over his Osun election defeat
Oyetola A human rights lawyer, Pelumi Olajengbesi, has called on the Governor of Osun State and candidate of the All Progressives Congress, Gboyega Oyetola, to concede defeat and congratulate the…