Bvn nigeria news
Here are some recent news updates from Nigeria:
Breaking News
- Nigeria's Inflation Rate Rises to 17.71%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate has risen to 17.71% in June 2022, the highest in over 17 years. (Source: Vanguard News)
- Fuel Scarcity Hits Nigeria: Fuel scarcity has hit Nigeria, with many petrol stations running out of fuel. The Nigerian National Petroleum Corporation (NNPC) has attributed the scarcity to a combination of factors, including a shortage of foreign exchange and a decline in crude oil production. (Source: Premium Times)
- Nigeria's Economy Grows by 3.11%: The NBS has announced that Nigeria's economy grew by 3.11% in the first quarter of 2022, driven by growth in the agriculture and manufacturing sectors. (Source: This Day Live)
Politics
- Buhari Signs Electoral Act Amendment Bill: President Muhammadu Buhari has signed the Electoral Act Amendment Bill into law, which aims to improve the conduct of elections in Nigeria. (Source: Leadership Newspaper)
- Nigeria's Senate Passes 2022 Budget: The Nigerian Senate has passed the 2022 budget, which allocates N13.5 trillion to various sectors of the economy. (Source: Daily Trust)
- Nigeria's APC Splits Over Presidential Primary: The All Progressives Congress (APC) has been embroiled in a crisis over the conduct of its presidential primary, with some members calling for the cancellation of the process. (Source: The Punch)
Sports
- Nigeria's Super Eagles Qualify for AFCON: Nigeria's Super Eagles have qualified for the 2023 Africa Cup of Nations (AFCON) after defeating Sierra Leone 2-0 in a qualifying match. (Source: Goal.com)
- Nigeria's D'Tigress Win FIBA World Cup Qualifier: Nigeria's D'Tigress have won a FIBA World Cup qualifier against Mozambique, advancing to the next round of the competition. (Source: ESPN)
Business
- Nigeria's Stock Market Rises by 1.14%: The Nigerian Stock Exchange (NSE) has risen by 1.14% in the past week, driven by gains in the banking and consumer goods sectors. (Source: BusinessDay)
- Nigeria's Inflation Rate Affects Consumer Spending: The rising inflation rate in Nigeria has led to a decline in consumer spending, with many Nigerians cutting back on non-essential items. (Source: The Guardian)