![BREAKING: CBN Raises Interest Rate To 26.75% Amid Soaring Inflation 1 images 1](https://www.akelicious.net/wp-content/uploads/2024/07/images-1-300x200.png)
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75% amid soaring inflation and skyrocketing food... Read more »
![Prices Of Beans, Tomato, Yam, Potato Rise By Over 250% In One Year 2 images 2 14](https://www.akelicious.net/wp-content/uploads/2024/07/images-2-14-300x200.jpeg)
The prices of major staple foods in Nigeria such as beans, yam, potato, plantain and tomato have risen by over 250% in the last one year.This is according to the latest Food... Read more »
![Zenith Bank Emerges As Nigeria’s Tier-1 Capital Leader For The Fifteenth Consecutive Year In The 2024 Top 1000 World Banks’ Ranking 3 images 42](https://www.akelicious.net/wp-content/uploads/2024/07/images-42-300x200.jpeg)
For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by... Read more »
![Petrol landing cost at N1,117 pressures NNPC's ‘secret’ subsidy 4 NNPC](https://www.akelicious.net/wp-content/uploads/2024/07/NNPC-300x200.png)
Rising landing costs for petrol are set to send the Nigerian National Petroleum Company (NNPC) ‘secret’ subsidy bill rocketing, threatening to exacerbate the already precarious economic situation of Africa’s largest oil producer,... Read more »
![Nigeria's Petrol Landing Cost Revealed 5 Fuel price](https://www.akelicious.net/wp-content/uploads/2024/07/Fuel-price-300x200.jpeg)
The landing cost of Premium Motor Spirit, also known as petrol, was N1,117/litre as of Tuesday, July 16, 2024, the Major Energies Marketers Association of Nigeria announced on Wednesday. MEMAN disclosed this... Read more »
![Adaora Umeoji Highlights Zenith Bank’s Robust Financial Metrics: Says Bank Is Poised To Cross The N1 Trillion Mark In Profit In 2024 6 images 1 11](https://www.akelicious.net/wp-content/uploads/2024/07/images-1-11-300x200.jpeg)
Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation journey. The event, which brought together... Read more »
![BREAKING: Inflation Rises To 34.19% — NBS 7 18567585 nbs jpegb2a51ebf63f2165212b7f79c2ab9a280](https://www.akelicious.net/wp-content/uploads/2024/07/18567585_nbs_jpegb2a51ebf63f2165212b7f79c2ab9a280-300x200.jpeg)
The National Bureau of Statistics (NBS) has released the latest inflation figures, revealing that the headline inflation rate in Nigeria increased to 34.19% in June 2024. This marks a 0.24 percentage point... Read more »
![Streamline Your Transactions with BillPoint App - The Ultimate Solution for Secure and Efficient Payments 8 Screenshot 20240715 063717](https://www.akelicious.net/wp-content/uploads/2024/07/Screenshot_20240715_063717-300x200.jpg)
In today’s digital age, transactions have become an integral part of our daily lives. With the rise of online shopping, mobile banking, and digital wallets, the need for a secure and efficient... Read more »
![Economists Project Higher Inflation Ahead Of NBS Report 9 18567585 nbs jpegb2a51ebf63f2165212b7f79c2ab9a280](https://www.akelicious.net/wp-content/uploads/2024/07/18567585_nbs_jpegb2a51ebf63f2165212b7f79c2ab9a280-300x200.jpeg)
Ahead of the release of the National Bureau of Statistics report on the country’s inflation for June 2024, some economic watchers have projected that inflation would maintain its upward movement but at... Read more »
![NNPC's Stake in Dangote Refinery Drops to 7.2% Due to Unpaid Balance 10 images 2 10](https://www.akelicious.net/wp-content/uploads/2024/07/images-2-10-300x200.jpeg)
The Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has revealed that the Nigerian National Petroleum Corporation (NNPC) Limited no longer owns a 20% stake in Dangote Refinery. Dangote disclosed this... Read more »