Weekly trust news today

Here are the latest news updates from Weekly Trust, a Nigerian newspaper:

Top Stories

  1. Buhari Approves N13.08trn 2023 Budget: President Muhammadu Buhari has signed the 2023 budget into law, approving a total expenditure of N13.08 trillion. The budget is expected to boost economic growth and development in the country.
  2. Nigeria's Inflation Rate Rises to 21.82%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate has risen to 21.82% in November 2022, the highest in over 17 years. The increase is attributed to rising food and fuel prices.
  3. FG to Launch Digital Currency, eNaira: The Central Bank of Nigeria (CBN) is set to launch a digital currency, eNaira, aimed at promoting financial inclusion and reducing cash transactions. The launch is expected to take place in the coming weeks.

Politics

  1. APC Crisis Deepens as Governors, Senators Clash: The crisis in the All Progressives Congress (APC) has deepened, with governors and senators of the party clashing over the leadership of the party. The governors are backing the party's national chairman, Abdullahi Adamu, while the senators are pushing for his removal.
  2. PDP Crisis: Wike, Ayu in Fresh Showdown: The crisis in the Peoples Democratic Party (PDP) has taken a new turn, with Governor Nyesom Wike of Rivers State and the party's national chairman, Iyorchia Ayu, engaging in a fresh showdown. Wike has accused Ayu of being biased and working against his interests.

Business

  1. Nigeria's Economy Grows by 3.98% in Q3: The National Bureau of Statistics (NBS) has announced that Nigeria's economy grew by 3.98% in the third quarter of 2022, driven by growth in the agriculture and manufacturing sectors.
  2. FG to Invest N1.5trn in Power Sector: The Federal Government has announced plans to invest N1.5 trillion in the power sector over the next five years, aimed at increasing electricity generation and distribution in the country.

Sports

  1. Super Eagles to Face Guinea in AFCON Qualifier: The Super Eagles of Nigeria will face Guinea in an Africa Cup of Nations (AFCON) qualifier in March 2023. The match is expected to be a tough one for the Nigerian team, which is seeking to qualify for the tournament.

These are some of the latest news updates from Weekly Trust. I hope you find them informative and interesting!