Nigeria’s inflation in December at 11.98% y/y
29 January 2020 | 6:48 am
Nigeria’s headline inflation reached 11.98 per cent year-on-year in December 2019. Olamide Adeboboye, Research Analyst at ARM Securities joins CNBC Africa to discuss the trends behind the figures and more.
29 Oct 2021
The World Food Programme says it urgently needs funds or it may have to cut food rations to more than 500,000 people in Nigeria's conflict-ravaged north-east.
28 Oct 2021
Nigerian's in UAE are facing harsher times as restriction on work permits bites harder. Some of them spoke exclusively to The Guardian about what led to the current situation.
5 Nov 2021
91 illegal migrants from Nigeria are being repatriated back to their home country, in what security officials say is a voluntary return from Libya's International Misrata Airport to the Nigerian capital Niamey.
5 Nov 2021
Nigeria has secured a new set of military gear and they are massive. The Nigerian Army recently unveiled 60 new VP1 Type Tracked Armoured Personnel Carriers to expand it armory.
11 Nov 2021
Golf is a club-and-ball game in which players use various clubs to hit balls into a series of holes on a course. The sport dates as far back as the 15th century and it is one of the most popular outdoor games around the world. Even though the game is not really popular in mainstream Nigeria, it has often been regarded as a male and elite sport, but this set of women are changing the narrative, to them, golf is more than just a game. Some female golfers took out time to share their experiences playing a sport that is mostly dominated by men.
15 Nov 2021
Nigeria’s Foreign Minister Geoffrey Onyeama told FRANCE 24 that recent coups in West Africa are undermining democracy and that events have reached a crucial juncture for the Economic Community of West African States (ECOWAS) regional bloc. “Clearly it is a threat, it is an unfortunate precedent,” he said.
18 Nov 2021
A fact-checking media in Mali has identified false claims of child harvesting in Nigeria – so-called "baby factories". The claim that the images in question are recent is bogus, but a real phenomenon of child harvesting does exist in Nigeria. Also, a Canadian media dramatically claimed that the wife of Pfizer's CEO died due to the Covid-19 vaccine. In fact, she is alive and well.
26 Nov 2021
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
27 Nov 2021
Nigeria has the second largest film output in the world, but many filmmakers struggle with low budgets and barely make a profit. But streaming platforms are giving a boost to African films.
4 Dec 2021
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
7 Dec 2021
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the "full and final settlement" to the Ejama-Ebubu community over a spill during the 1967-70 Biafran War. The company has maintained that the damage was caused by third parties.
1 hour ago
While the people of Iran protest back home, the national team sent a powerful message of their own from Qatar. Iran coach Carlos Queiroz conceded his players are "affected by the issue" after a 6-2 defeat by England.
1 hour ago
The Constitutional Court has ruled that the murderer of prominent politician Chris Hani should be released on parole. Hani's widow has slammed the decision as "diabolical."
1 hour ago
A 2016 video of Islamic preacher, Zakir Naik, has gone viral on Twitter, as users claim that Naik is converting people to Islam during the FIFA World Cup. We tell you more in this edition of Truth or Fake.
3 hours ago
The region has been in the grip of an offensive by the M23 armed group and 900 Kenyan soldiers were recently sent to the area. Also in this edition: South Africa's disgraced ex-president Jacob Zuma could go back to prison, and we talk to Nigerian climate expert Chukwumerije Okereke, who is the Director of the Centre for Climate Change and Development. And lastly, guest Karim Baldé breaks down the Senegal's loss against the Netherlands in the World Cup.
3 hours ago
Commentator Claudia Neumann said she wanted to set an example for diversity and tolerance. Some presenters from other countries made similar statements in Qatar after FIFA threatened players with sanctions.