Breaking news in nigeria today 2 11 2018
Here are some of the breaking news in Nigeria today, November 2, 2018:
- Buhari Signs Executive Order to Boost Local Content: President Muhammadu Buhari has signed an executive order to promote local content in public procurement. The order aims to increase the participation of Nigerian businesses in government contracts and reduce the country's reliance on foreign goods and services.
- Nigeria's Inflation Rate Drops to 11.26%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate has dropped to 11.26% in October 2018, from 11.44% in September. This is the lowest inflation rate in 17 months.
- FG to Implement New Tax Regime for Small Businesses: The Federal Government has announced plans to introduce a new tax regime for small businesses in Nigeria. The new regime is aimed at reducing the tax burden on small businesses and promoting entrepreneurship in the country.
- Nigeria's Economy Grows by 1.81% in Q3 2018: The National Bureau of Statistics (NBS) has announced that Nigeria's economy grew by 1.81% in the third quarter of 2018. This is the highest growth rate in three years.
- Police Arrest Suspects in Connection with Offa Bank Robbery: The Nigeria Police Force has arrested several suspects in connection with the Offa bank robbery that occurred in April 2018. The suspects are being held at the police headquarters in Abuja.
- Nigeria's Power Generation Reaches 3,544MW: The Transmission Company of Nigeria (TCN) has announced that the country's power generation has reached 3,544 megawatts (MW). This is the highest power generation in the country's history.
- FG to Launch National Digital Identity System: The Federal Government has announced plans to launch a national digital identity system to replace the current physical identity cards. The new system is aimed at reducing identity theft and promoting financial inclusion in the country.
These are some of the breaking news in Nigeria today, November 2, 2018. Please note that the news may be subject to change as more information becomes available.