Nitel news

Here are the latest news updates from Nigeria:

Breaking News

  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 Contracts by 1.5%: The NBS has announced that Nigeria's economy contracted by 1.5% in the first quarter of 2022, the first contraction in over 10 years.

Politics

  1. 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.
  2. APC Primaries: Tinubu, Atiku, Others Emerge Winners: The All Progressives Congress (APC) has announced the winners of its presidential primaries, with Bola Tinubu emerging as the party's flagbearer.
  3. PDP Primaries: Atiku Abubakar Emerges Winner: The Peoples Democratic Party (PDP) has announced Atiku Abubakar as its presidential candidate, following a keenly contested primary election.

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. Rangers International FC Wins NPFL Title: Rangers International FC has won the 2021-2022 Nigeria Professional Football League (NPFL) title, after defeating Enyimba FC 2-1 in the final match.

Business

  1. Nigeria's Stock Market Rises by 1.1%: The Nigerian Stock Exchange (NSE) has announced that the All-Share Index (ASI) rose by 1.1% in June 2022, driven by gains in the banking and consumer goods sectors.
  2. Dangote Cement Reports N143.5bn Profit: Dangote Cement Plc has announced a profit after tax of N143.5 billion for the half-year ended June 30, 2022, a 14.5% increase from the same period last year.

Entertainment

  1. Tiwa Savage's 'Koroba' Video Breaks Record: Tiwa Savage's music video for "Koroba" has broken a record by becoming the most-watched music video by a Nigerian artist on YouTube.
  2. Wizkid's 'Essence' Wins BET Award: Wizkid's song "Essence" has won the Best Collaboration award at the 2022 BET Awards, alongside Tems and Justin Bieber.

These are just a few of the latest news updates from Nigeria. Stay tuned for more updates!