News naij

Here are some of the latest news from Nigeria:

Top Stories

  1. 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.
  2. Fuel Scarcity Hits Nigeria: Long queues have been reported at fuel stations across the country as fuel scarcity worsens, with many Nigerians struggling to access petrol.
  3. 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 services sectors.
  4. Buhari Signs New Electoral Act: President Muhammadu Buhari has signed the new Electoral Act into law, which introduces reforms aimed at improving the conduct of elections in Nigeria.
  5. Nigeria's Debt Hits N38.6 Trillion: The Debt Management Office (DMO) has announced that Nigeria's debt has risen to N38.6 trillion, with the country's debt-to-GDP ratio standing at 23.1%.

Politics

  1. APC Primaries: Tinubu Wins in Lagos: Bola Tinubu, a former governor of Lagos State, has emerged as the winner of the All Progressives Congress (APC) presidential primary in Lagos State.
  2. PDP Primaries: Atiku Wins in Adamawa: Atiku Abubakar, a former vice president, has won the presidential primary of the Peoples Democratic Party (PDP) in Adamawa State.
  3. Nigeria's 2023 Elections: INEC Releases Timetable: The Independent National Electoral Commission (INEC) has released the timetable for the 2023 general elections, with voting set to take place on February 25, 2023.

Sports

  1. Super Eagles Qualify for AFCON 2023: Nigeria's national football team, the Super Eagles, has qualified for the 2023 Africa Cup of Nations (AFCON) after defeating Sierra Leone 2-1 in a qualifying match.
  2. D'Tigress Qualify for FIBA World Cup: Nigeria's national women's basketball team, D'Tigress, has qualified for the 2022 FIBA Women's Basketball World Cup after defeating Mozambique 74-62 in a qualifying match.

Business

  1. Nigeria's Stock Market Rises by 1.14%: The Nigerian Stock Exchange (NSE) has announced that the All-Share Index (ASI) rose by 1.14% in the week ended July 15, 2022, driven by gains in the banking and consumer goods sectors.
  2. Nigeria's Inflation Rate to Affect Economic Growth: The NBS has warned that Nigeria's high inflation rate could affect the country's economic growth, as it erodes the purchasing power of citizens and reduces the value of savings.

These are just a few of the latest news stories from Nigeria.