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Exchange rate, petrol price moderation push PMI Index higher

Exchange rate, petrol price moderation push PMI Index higher

By Peter Egwuatu A relatively stable exchange rate and moderation in petroleum product prices have contributed significantly to supporting disinflation. The development has pushed up the Purchasing Managers Index, PMI, to 53.7 in February from 52.0 in January 2025. According to the Stanbic IBTC PMI report released yesterday,  the February data pointed to improved growth momentum […]

2027: Tinubu must complete eight years – Kalu

2027: Tinubu must complete eight years – Kalu

Senator Orji Uzor Kalu has declared that President Bola Tinubu must complete two terms in office, insisting the All Progressives Congress (APC) has only one presidential candidate for the 2027 election.

NNPCL, Dangote’s price reduction excites retailers

NNPCL, Dangote’s price reduction excites retailers

By Ediri Ejor The Petroleum Retailers Outlet Owners Association of Nigeria, PETROAN, yesterday commended NNPC Retail Ltd for reducing the price of Premium Motor Spirit (PMS) otherwise known as petrol  from N920 to N875 per litre. The association said the move is expected to alleviate the financial burden on Nigerians amidst rising inflation. In a statement […]

Akpoti-Uduaghan: No formal petition against Akpabio — Senate

Akpoti-Uduaghan: No formal petition against Akpabio — Senate

The Chairman of Senate Committee on Media and Public Affairs, Yemi Adaramodu, (APC, Ekiti South), said yesterday there was currently no formal petition against the Senate President, Godswill Akpabio, over allegation of sexual harassment levelled against him by Senator Natasha Akpoti-Uduaghan.