News

Nigeria’s inflation rate declines to 17.01% in August

A report released on Wednesday by the National Bureau of Statistics (NBS) shows that Nigeria’s inflation rate in August dropped to 17.01% from 17.38% recorded in July 2021. This represents the fifth consecutive decline in the rate of inflation recorded in Nigeria. The latest figure is 0.37% points lower than what was …

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Respite as resident doctors agree to sign MoU with FG

The National Association of Resident Doctors (NARD) has agreed to sign a memorandum of understanding with the federal government in an effort to end the ongoing strike. On August 1, NARD embarked on strike over “irregular payment of salaries”, among other issues. Efforts of stakeholders, including the house of representatives, to mediate …

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Court bars Rivers, Lagos from collecting VAT

The Court of Appeal in Abuja has stopped the governments of Rivers and Lagos from collecting Value Added Taxes (VAT). In a ruling on Friday, Justice Haruna Simon Tsanami, also directed that the law passed by Rivers State House of Assembly and assented to by Governor Nyesom Ezenwo Wike be …

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