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Nigeria witnesses a substantial surge in its inflation rate, reaching 24.08% in July 2023, driven by the impactful removal of subsidies.
Nigeria witnessed a remarkable surge in inflation, reaching 24.08% in July 2023, marking a 129 basis-point increase compared to the previous month's 22.79%.
This surge...
“What prompted my unannounced visits to hospitals on Lagos Island – Sanwo-Olu explains”
Lagos State Governor, Mr. Babajide Sanwo-Olu, has clarified the reason behind his surprise visits to Island Maternity Hospital and Lagos Island Hospital, catching the...
“Federal Government’s Gas Expansion Projects Set to Absorb Annual Investment of $20 Billion”
On Monday, the Federal Government revealed that an annual investment of approximately $20 billion will be essential to realize the envisioned expansion of gas...
“Institute Raises Concerns About Accountants’ Over-Reliance on AI, Highlighting Potential Dangers”
The Audit Committee Institute has issued a cautionary advisory to auditors and accountants regarding the adoption and reliance on Artificial Intelligence as a tool...
Banks might reassess customer loans due to the decline in the value of the naira.
The recent easing of foreign exchange regulations is expected to have a moderate effect on banks' Lending to Deposit Ratio, as per a report...
