Proshare news

Proshare News is a leading online news platform in Nigeria that provides up-to-date news, analysis, and insights on business, economy, politics, and other relevant topics. Here are some of the latest news updates from Proshare News:

Business and Economy

  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. FG to Review Tax Policy to Boost Revenue: The Federal Government has announced plans to review its tax policy to boost revenue and reduce the country's reliance on oil exports.
  3. Nigerian Stock Market Rises by 0.45%: The Nigerian Stock Exchange (NSE) has announced that the market rose by 0.45% on Monday, driven by gains in the banking and consumer goods sectors.

Politics

  1. Buhari Signs 2022 Budget into Law: President Muhammadu Buhari has signed the 2022 budget into law, with a total expenditure of N16.39 trillion.
  2. FG to Review Security Architecture: The Federal Government has announced plans to review its security architecture to tackle the growing insecurity in the country.
  3. Nigeria's Debt Profile Rises to N32.9 Trillion: The Debt Management Office (DMO) has announced that Nigeria's debt profile has risen to N32.9 trillion, with a debt-to-GDP ratio of 22.4%.

Other News

  1. Nigeria's Power Generation Reaches 4,000MW: The Transmission Company of Nigeria (TCN) has announced that the country's power generation has reached 4,000 megawatts (MW) for the first time in over a decade.
  2. FG to Launch National Digital Identity System: The Federal Government has announced plans to launch a national digital identity system to improve the efficiency of government services and reduce identity fraud.
  3. Nigeria's GDP Growth Rate Rises to 3.4%: The National Bureau of Statistics (NBS) has announced that Nigeria's GDP growth rate has risen to 3.4% in the second quarter of 2022, driven by growth in the agriculture and services sectors.

These are just a few of the latest news updates from Proshare News. You can visit their website for more information on business, economy, politics, and other relevant topics in Nigeria.