UK inflation slowed last month but held above 10 percent on soaring food prices, official data showed Wednesday, further fuelling a cost-of-living crisis despite a series of aggressive interest-rate hikes. …
Beleaguered bitcoin miners are finally feeling the spring sunshine after a cold, hard crypto winter. The power-hungry companies that pump new bitcoin into circulation have been thrown a lifeline by …
President Muhammadu Buhari has said the Petroleum Industry Act (P.I.A) remains his administrationโs greatest achievement in the energy sector. The Act signed in 2021 aims to overhaul the petroleum sector …
The World Bank says Nigeria spent 96.3 percent of its 2022 revenue on servicing its debts. This was contained in the Macro Poverty Outlook for Nigeria: April 2023 brief released …
Nigeriaโs inflation rate rose to 22.04% in March 2023 compared to February 2023 headline inflation rate which was 21.91%. According to the National Bureau of Statistics (NBS)โs Consumer Price Index …
Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the US Federal …
Tesla Inc assures its millions of electric car owners that their privacy โis and will always be enormously important to us.โ The cameras it builds into vehicles to assist driving, …
The Debt Management Office (DMO) on Wednesday explained that Nigeriaโs debt stock is growing due to a combination of three major factors. The DMO Director-General, Patience Oniha, who was a …
The Federal Deposit Insurance Corporation (FDIC) has retained advisers to sell the securities portfolios that the new owners of failed Silicon Valley Bank and Signature Bank rejected, according to people …
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says a litre of Premium Motor Spirit (PMS) commonly known as petrol should sell for between N360 and N400 …
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