BY CHIKA OKEKE, Abuja Nigeria’s headline inflation rate dropped to 15.91 per cent in June 2026, down from 15.93 per cent recorded in May of 2026. The decline marked the first drop in the country’s headline inflation rate in three months, just as the Central Bank of Nigeria, CBN, prepares to decide on the interest rate next week. The National Bureau of Statistics, NBS, in its Consumer Price Index, CPI, report released on Wednesday, revealed that the June 2026 inflation rate decreased by 0.02 percentage points, compared to the rate recorded in May. The agency stated that on a month-on-month basis, the headline inflation rate stood at 1.66% in June 2026, approximately 0.09 percentage points lower than the 1.75% recorded in the previous month of May. “The June 2026 headline inflation rate showed a decrease of 0.02% compared to the May 2026 headline inflation rate,” the bureau said. “This means that in June 2026, the rate of increase in the average price level was lower than the...
BY CHIKA OKEKE, Abuja R-L: National Public Relations Officer of the Nigeria Customs Service, NCS, DC Abdullahi Maiwada presenting copies of Customs e-Newsletter to Force Public Relations Officer, Chief Superintendent of Police, CSP, Anietie Okokon during his visit to the Service Headquarters in Abuja. The Nigeria Customs Service, NCS, has joined forces with the Nigeria Police Force, NPF, to solidify inter-agency collaboration in public engagement, information sharing and strategic communication. This followed a courtesy visit by the Force Public Relations Officer, Chief Superintendent of Police, CSP, Anietie Okokon, to the National Public Relations Officer of the NCS, Deputy Comptroller, DC, of Customs, Abdullahi Maiwada at the Service Headquarters in Abuja. The visit, which formed part of the Force PRO's familiarisation tour since his assumption of office, provided an opportunity for both institutions to deepen their longstanding relationship and explore avenues for en...