Vanguard news today tuesday
Here are the top news stories from Vanguard News today, Tuesday:
Top Stories
- Nigeria's Inflation Rate Rises to 17.71%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate has risen to 17.71% in June, the highest in over 17 years. The increase is attributed to rising food prices and a weak naira.
- FG to Review Fuel Subsidy Regime: The Federal Government has announced plans to review the fuel subsidy regime, which has been a subject of controversy in recent times. The review is aimed at ensuring that the subsidy is targeted at the most vulnerable segments of the population.
- Nigeria's Economy Grows by 2.01% in Q2: The National Bureau of Statistics (NBS) has announced that Nigeria's economy grew by 2.01% in the second quarter of the year, driven by growth in the agriculture and manufacturing sectors.
Business
- Dangote Cement to Invest $1.5bn in New Plant: Dangote Cement has announced plans to invest $1.5 billion in a new cement plant in the country. The plant is expected to increase the company's production capacity and reduce the country's reliance on imported cement.
- 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.
- 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 the country's reliance on imported food.
Politics
- Buhari to Meet with APC Governors: President Muhammadu Buhari is set to meet with governors of the All Progressives Congress (APC) to discuss the party's plans for the 2023 general elections.
- PDP to Hold National Convention in October: The Peoples Democratic Party (PDP) has announced plans to hold its national convention in October, where a new national chairman will be elected.
- FG to Review Security Architecture: The Federal Government has announced plans to review the country's security architecture in response to the growing security challenges facing the country.
Sports
- Super Eagles to Face Algeria in Friendly Match: The Super Eagles are set to face Algeria in a friendly match on Tuesday, ahead of the 2022 World Cup qualifiers.
- Rangers International FC Wins NPFL Match: Rangers International FC has won its match against Nasarawa United FC in the Nigeria Professional Football League (NPFL).
- FG to Support Nigerian Athletes to 2024 Olympics: The Federal Government has announced plans to support Nigerian athletes to the 2024 Olympics in Paris, France.
These are the top news stories from Vanguard News today, Tuesday.