15
NovThe recent inflation report published by the National Bureau of Statistics revealed that the Headline inflation rate in October 2024 was 33.88%, an increase from the September 2024 headline inflation rate of 32.70%. Key points: Overall, the report highlights a continuing upward trend in the inflation rate, with notable increases both on a monthly and yearly basis.
12
NovThe Nigeria Deposit Insurance Corporation (NDIC) has said that the sale of Heritage Bank’s assets will begin on December 4, 2024. The move involve the landed properties of the firm and is in line with the NDIC’s statutory powers as liquidator of failed banks under section 62 (1)(d) of the NDIC Act, 2023. The Director of Communication[…]
12
NovThe Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Refinery to lift products directly. The partnership is to ensure steady, and affordable supply of PMS products nationwide. IPMAN National President, Abubakar Garima stated thus: “We are pleased to announce that Dangote Refinery has agreed to supply IPMAN with PMS, AGO, and DPK[…]
