Nigeria news peppers today
Here are some of the top news stories in Nigeria today:
- Nigeria's Economy Grows by 2.27% in Q1 2023: The National Bureau of Statistics (NBS) has announced that Nigeria's economy grew by 2.27% in the first quarter of 2023, driven by growth in the agriculture and services sectors.
- Buhari Signs Executive Order to Boost Local Content: President Muhammadu Buhari has signed an executive order aimed at promoting local content in the country's economy. The order is expected to boost the production of made-in-Nigeria goods and services.
- Nigeria's Inflation Rate Rises to 17.71% in April: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate rose to 17.71% in April, driven by increases in the prices of food and other essential commodities.
- Police Arrest Suspects in Connection with Kano Church Bombing: The police have arrested several suspects in connection with the bombing of a church in Kano state, which killed several people and injured many others.
- Nigeria's Power Generation Reaches 4,600MW: The Transmission Company of Nigeria (TCN) has announced that the country's power generation has reached 4,600 megawatts, a significant improvement from the 3,500MW recorded in 2022.
- FG to Launch National Digital Identity System: The Federal Government is set to launch a national digital identity system aimed at providing a unique identity for every Nigerian citizen. The system is expected to improve the efficiency of government services and reduce identity fraud.
- Nigeria's External Reserves Rise to $40.3 Billion: The Central Bank of Nigeria (CBN) has announced that the country's external reserves have risen to $40.3 billion, a significant improvement from the $33.4 billion recorded in 2022.
- Nigeria's GDP Growth Rate to Reach 3.2% in 2023: The International Monetary Fund (IMF) has projected that Nigeria's GDP growth rate will reach 3.2% in 2023, driven by growth in the agriculture and services sectors.
- Nigeria's Inflation Rate to Rise to 18.5% in 2023: The IMF has also projected that Nigeria's inflation rate will rise to 18.5% in 2023, driven by increases in the prices of food and other essential commodities.
- FG to Launch National Health Insurance Scheme: The Federal Government is set to launch a national health insurance scheme aimed at providing healthcare coverage for all Nigerians. The scheme is expected to improve access to healthcare services and reduce the financial burden on individuals.
These are some of the top news stories in Nigeria today.