Rimi Resumes Office, Pledges to Advance Economy

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The new Chief Executive Officer of the Nigerian Investment Promotion Commission, Aisha Rimi, has pledged to advance Nigeria’s economy through strategic investment promotion.

Rimi made this pledge during her opening address after resuming at NIPC headquarters in Abuja, on Monday.

During her address, she pledged to reposition the NIPC to attract new routes of foreign investments into Nigeria to shore up the dwindling revenue of the government and the much-needed jobs.

She also thanked the president for the privilege to contribute to the economic growth of the country.

Recall that the President, Bola Tinubu has on Friday approved the appointment of a new lineup of leadership for 12 agencies and parastatals under the Federal Ministry of Industry, Trade and Investment.


Written by: Helen Obih

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Inflation Rate Increases to 26.72 per cent

Nigeria’s inflation rate has reached 26.72 per cent, marking a 0.92 per cent increase from the previous month’s 25.80 per cent. The National Bureau of Statistics disclosed this on Monday through its latest Consumer Price Index report for September 2023. The upsurge in inflation is mainly linked to the removal of petrol subsidies and the devaluation of the official exchange rate, both exerting substantial impacts on consumer prices.  

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