Premium times news update

Here are the latest news updates from Premium Times:

Breaking News

• Nigeria's Inflation Rate Hits 17.6% in January: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate rose to 17.6% in January, the highest in over 17 years. The increase is attributed to rising food prices and a weak naira.
• Buhari Appoints New Head of Service: President Muhammadu Buhari has appointed Dr. Folasade Yemi-Esan as the new Head of Service of the Federation, replacing Mrs. Winifred Oyo-Ita.
• EFCC Arrests 12 Suspects Over Alleged N1.3bn Fraud: The Economic and Financial Crimes Commission (EFCC) has arrested 12 suspects in connection with an alleged N1.3 billion fraud involving a former Managing Director of the Nigerian Ports Authority (NPA).

Politics

• APC Crisis Deepens as Governors, Senators Trade Accusations: The crisis in the All Progressives Congress (APC) has deepened, with governors and senators trading accusations over the party's leadership crisis.
• PDP Crisis: Wike, Secondus Engage in Verbal Duel: The crisis in the Peoples Democratic Party (PDP) has taken a new dimension, with Governor Nyesom Wike and the party's National Chairman, Uche Secondus, engaging in a verbal duel over the party's leadership.
• Buhari Meets with APC Governors, Senators: President Muhammadu Buhari has met with governors and senators of the All Progressives Congress (APC) to discuss the party's leadership crisis and other national issues.

Economy

• Nigeria's GDP Growth Rate Slows to 2.1% in 2022: The National Bureau of Statistics (NBS) has announced that Nigeria's Gross Domestic Product (GDP) growth rate slowed to 2.1% in 2022, down from 3.4% in 2021.
• CBN Introduces New Guidelines for Foreign Exchange Transactions: The Central Bank of Nigeria (CBN) has introduced new guidelines for foreign exchange transactions, aimed at promoting transparency and reducing the risk of currency manipulation.
• Nigeria's Inflation Rate to Remain High in 2023: The International Monetary Fund (IMF) has predicted that Nigeria's inflation rate will remain high in 2023, driven by rising food prices and a weak naira.

Sports

• Super Eagles to Face Guinea in AFCON Qualifier: The Super Eagles of Nigeria will face Guinea in an Africa Cup of Nations (AFCON) qualifier on March 25, 2023.
• Rohr to Leave Super Eagles After AFCON Qualifiers: Super Eagles coach, Gernot Rohr, has announced that he will leave the team after the AFCON qualifiers.
• Nigeria's D'Tigress to Face Senegal in FIBA World Cup Qualifier: Nigeria's D'Tigress women's basketball team will face Senegal in a FIBA World Cup qualifier on February 24, 2023.

Entertainment

• Tiwa Savage's Son, Jamil, Turns 7: Tiwa Savage's son, Jamil, has turned 7 years old, and the singer has taken to social media to celebrate his birthday.
• Wizkid's Son, Zion, Turns 4: Wizkid's son, Zion, has turned 4 years old, and the singer has taken to social media to celebrate his birthday.
• Nollywood Actress, Funke Akindele, Celebrates 45th Birthday: Nollywood actress, Funke Akindele, has celebrated her 45th birthday, and her colleagues and fans have taken to social media to wish her a happy birthday.

These are the latest news updates from Premium Times. Stay informed and stay ahead of the curve with Premium Times!