Nigeria breaking new today

Here are some of the top news stories from Nigeria today:

  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, up from 16.5% in May. This is the highest inflation rate in over 17 years.
  2. FG to Launch New Visa Policy: The Federal Government has announced plans to launch a new visa policy aimed at attracting more foreign investors and tourists to Nigeria. The policy is expected to simplify the visa application process and reduce the cost of obtaining a visa.
  3. Nigeria's Economy Grows by 3.11%: The National Bureau of Statistics (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.
  4. 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.
  5. Nigeria's Power Generation Reaches 4,600MW: The Transmission Company of Nigeria (TCN) has announced that Nigeria's power generation has reached 4,600 megawatts (MW), up from 3,500 MW in 2020. This is the highest power generation level in over a decade.
  6. FG to Launch New Agricultural Policy: The Federal Government has announced plans to launch a new agricultural policy aimed at increasing food production and reducing poverty in rural areas. The policy is expected to focus on irrigation, mechanization, and value addition.
  7. Nigeria's Foreign Reserves Fall to $35.4 Billion: The Central Bank of Nigeria (CBN) has announced that Nigeria's foreign reserves have fallen to $35.4 billion, down from $43.4 billion in 2020. This is due to a decline in oil prices and a rise in imports.
  8. Nigeria's Stock Market Rises by 1.14%: The Nigerian Stock Exchange (NSE) has announced that the stock market rose by 1.14% yesterday, driven by gains in the banking and consumer goods sectors.
  9. FG to Launch New Road Construction Projects: The Federal Government has announced plans to launch new road construction projects aimed at improving transportation infrastructure in Nigeria. The projects are expected to create jobs and stimulate economic growth.
  10. Nigeria's Education Sector Faces Funding Crisis: The education sector in Nigeria is facing a funding crisis, with many schools struggling to pay salaries and provide basic amenities. The crisis is expected to worsen unless the government increases funding for education.

These are some of the top news stories from Nigeria today.