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Barack Obama Speaks On Serving As Cabinet Member In Biden’s Administration

Former US President, Barack Obama has ruled out taking on any formal position in President-elect Joe Biden’s administration as speculations continue to build up...

News

Gov. Emmanuel Faults NBS Report On Unemployment In A/Ibom

Sets Up Car Manufacturing Plant By Akanimo Kufre (The New Diplomat's A/Ibom|C/River Correspondent) Again, the Akwa Ibom state governor, Mr Udom Emmanuel has refuted the...

Economy

Fresh Oil, Non-Oil Initiatives To Fetch FG N18trn Revenue, Says Finance Minister

Following the outbreak of the COVID 19 pandemic and dwindling oil prices which has led to a drop in Nigeria’s revenue, the Federal Government...

Business

Nigerians Spend More On Pos Transactions In 5 Months, Says NIBSS

Nigeria’s bid to embrace cashless policy has received a boost as data from the Nigeria Inter-Bank Settlement System (NIBSS) revealed that the value of...

Business

Nigerians Pay More For Food, Healthcare As Inflation Hits 12.56 In June

Prices of food items like Bread, Cereals, Potatoes, Yam and other tubers, Fruits, Oils and Fats, Meat, Fish and Vegetables shot through the roof...

Business

NBS: How Oil Sector Pushed Nigeria’s GDP Up By 1.87 In Q1 2020

The oil sector in Nigeria recorded a real growth rate of 5.06% (year-on-year) in Q1 2020 indicating an increase of 6.51% points relative to...

Business

Why Inflation Rose To 12.34% In April — NBS

The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation, increased by 12.34 per cent year-on-year in April 2020. The...

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