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Thursday, August 21, 2025
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Economy

Inflation slows to 21.88% in July even as food prices climb

Economy Newsdemo Editor -
Headline inflation eased for a fourth straight month in July to 21.88% from 22.22% in June following an update to the CPI basket and...

Nigeria approves plan to refinance ₦4tn power-sector debt

Economy Newsdemo Editor -
The federal government has approved the refinancing of approximately ₦4 trillion in power-sector debts owed to 27 generation companies for unpaid invoices dating from...
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Central Bank holds key rate at 27.5%, signals tight stance

Economy Newsdemo Editor -
The Central Bank of Nigeria left the Monetary Policy Rate unchanged at 27.5%, citing the need to consolidate disinflation...

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Headlines

Sting Operation at OOPL: Court Jails Two More Internet Fraudsters in Lagos

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The Lagos Zonal Directorate 2 of the Economic and...

David Oyelowo leads creative arts summit for Nigerian girls

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Demo summary for David Oyelowo leads creative arts summit...

‘Music is dictated by women’ – Darkoo

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Demo summary for ‘Music is dictated by women’ –...

Sean Kingston sentenced to 3½ years in prison over $1 million fraud

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Demo summary for Sean Kingston sentenced to 3½ years...

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