Nigeria in 1min: Economic, Business and Financial Headlines

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Tuesday, May 18, 2021 / 6:00 AM / By News Aggregator / Header Image Credit: Twitter; @NigeriaGov

 


COVID-19 Health Updates 

  • 17th of May 2021: Nigeria COVID-19 Status in 36 states and the Federal Capital Territory
  • Confirmed: 165,778 cases (New: 69)
  • Discharged: 156,415 
  • Deaths: : 2067 (New: 1)

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PROSHARE ECONOMY

Headline
Inflation Increases by 18.12% YoY In April 2021, 0.05% Lower Than March 2021
Rate – NBS –
The consumer
price index, (CPI) which measures inflation increased by 18.12 percent (year-on-year)
in April 2021. This is 0.05 percent points lower than the rate recorded in
March 2021 (18.17) percent. Source NBS
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2021 Budget: FG
Asked to Block Loopholes And Investigate 314 Duplicated Projects –
The Federal Government has been tasked with
blocking the loopholes in the 2021 budget and ensuring transparency and
accountability are entrenched in the releases done across the…

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