The Consumer Price Index (CPI), which measures inflation, declined to 11.22 per cent year-on-year in June compared to 11.40 per cen in May, according to the National Bureau of Statistics (NBS). Food inflation also reduced to 13.56 per cent in June compared to 13.79 per cent in the preceding month. According to the CPI figures

Nigeria’s aspiration for universal internet coverage has received a boost with the materialisation of a $100 million loan from the Government of India. The facility arranged by the EXIM Bank of India is the result of a close collaboration between the India High Commission in Nigeria and the Federal Ministry of Communications. The deal was

Governor of the Central Bank of Nigeria, Godwin Emefiele, has listed five things that the apex bank hopes to achieve over the next five years. He stated the five things while presenting the Monetary Policy roadmap for his 2019-2024 new term in office on Monday at the CBN Headquarters in Abuja. “Our priorities at the

Vice President Yemi Osinbajo says the Federal Government is committed to the rescue of Leah Sharibu, one of the schoolgirls abducted Boko Haram in Dapchi, Yobe State. Osinbajo stated this on Sunday during a town hall meeting with some Nigerians in New York, United States. The Vice President stressed that over 108 girls have been

Access Bank recently organised a 2-day sustainability summit themed “Financing Sustainable Development” focused on providing a unique opportunity for sustainability practitioners to learn how to promote sustainable financing at the Access Bank Head Office, Victoria Island, Lagos on April 29 & 30, 2019. The event convened key sustainability stakeholders from across the continent and included

The Senate yesterday passed 15 bills, including the reworked Petroleum Industry Governance Bill (PIGB), which President Muhammadu Buhari had earlier declined assent to. Among the bills passed is the FCT Directorate of Road Traffic Administration Service Bill 2019, which seeks to re-introduce park-and-pay system in Abuja. The PIG Bill was passed after the upper legislative

Nigeria, the International Labour Organisation (ILO) and other developmental agencies are set to develop national work plans to eliminate child labour  in the country. Stakeholders, including Ministries, Departments and Agencies (MDAs), Civil Society Organisations (CSOs), labour congress and unions in the mining, cocoa and gold supply chain, at a two-day workshop in Abuja, called for synergy

The Global Sustainability Standards Board (GSSB), GRI’s independent standard setting body, is pleased to announce a 75-day public comment period for the draft of GRI 306: Waste. Running until 15 July 2019, this public comment invites feedback on the draft Standard from all stakeholders. The Draft Standard The draft Standard includes some important updates to the

Four years after committing to the Sustainable Development Goals (SDGs) target on Universal Health Coverage, about 90 per cent of the Nigerian population still pays Out-of-Pocket (OPP) to access healthcare services. The Sustainable Development Goal 3:8 targets achievement of universal health coverage, including financial risk protection, access to quality essential health-care services and access to

Africa’s foremost financial institution, Access Bank Plc has proved itself yet again as the leader in sustainable finance with its issue of a 5-year Fixed Rate Senior Unsecured N15bn Green Bond, which is the first ever Climate Bonds Standard certified Green Bond in Africa. The signing ceremony took place at the Access Bank Head Office