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Here's a summary of the top news stories from Nigeria:
Breaking News
- Nigeria's Inflation Rate Rises to 17.6%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate has risen to 17.6% in June 2022, the highest in over 17 years. This is due to the ongoing economic challenges, including the impact of the COVID-19 pandemic and the Russia-Ukraine conflict.
Politics
- Buhari Signs 2022 Budget into Law: President Muhammadu Buhari has signed the 2022 budget into law, with a total expenditure of N16.39 trillion. The budget aims to stimulate economic growth and address the country's infrastructure challenges.
- APC National Convention Postponed: The All Progressives Congress (APC) has postponed its national convention, which was scheduled to hold on June 25, 2022. The new date for the convention has not been announced.
Economy
- Nigeria's GDP Growth Rate Slows Down: The National Bureau of Statistics (NBS) has announced that Nigeria's GDP growth rate slowed down to 3.11% in the first quarter of 2022, compared to 3.98% in the same period last year. This is due to the ongoing economic challenges and the impact of the COVID-19 pandemic.
- Nigeria's External Reserves Fall to $35.4 Billion: The Central Bank of Nigeria (CBN) has announced that Nigeria's external reserves have fallen to $35.4 billion, the lowest level in over two years. This is due to the country's reliance on imported goods and the impact of the COVID-19 pandemic on global trade.
Security
- Bandits Attack Zamfara Village, Kill 13: Bandits have attacked a village in Zamfara State, killing 13 people and injuring several others. The attack is the latest in a series of violent incidents in the state.
- Police Arrest 15 Suspects over Kidnapping of Katsina Schoolgirls: The police have arrested 15 suspects in connection with the kidnapping of schoolgirls in Katsina State. The suspects are believed to be members of a notorious kidnapping gang.
Sports
- Super Eagles Qualify for 2022 World Cup: The Super Eagles have qualified for the 2022 World Cup in Qatar, after defeating Ghana 2-0 in a playoff match. This is Nigeria's seventh appearance at the World Cup.
These are some of the top news stories from Nigeria.