NIGERIA’S INFLATION RATE RISES FOR THIRD CONSECUTIVE MONTH. (PHOTO).

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 Nigeria’s inflation rate rises for third consecutive month Nigeria’s inflation rose for the third consecutive month to 15.93 percent in May 2026 from 15.69 percent recorded in April. The National Bureau of Statistics disclosed this in its Consumer Price Index and inflation data released on Monday. This means that in May, the country’s inflation rose on a month-on-month basis by 1.75 percent. Also, the report showed that food inflation also skyrocketed to 16.96 percent in May, up from 16.06 percent recorded the previous month. “In May 2026, the headline inflation rate on a month-on-month basis was 1.75 percent, which was 0.39 percent lower than the rate recorded in April 2026 (2.13 percent). On a year-on-year basis, the headline inflation rate rose to 15.93 percent, up from 15.69 percent in April 2026 and down from 26.06 percent in the same month of the preceding year (May 2025). “The Food inflation rate in May 2026 on a month-on-month basis was 2.98 percent, down by 0.65 percentag...
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PTDF SCAMMER BAGS TEN YEARS IMPRISONMENT FOR FRAUD+ANOTHER FOR INTERNET FRAUD.{PHOTOS}.#PRESS RELEASE.

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     The Economic and Financial Crimes Commission, EFCC, Sokoto Zonal Office on Wednesday, March 25, 2020 secured the conviction of one Mobuse John, before Hon. Justice M S. Sifawa, Chief Judge of the Sokoto State High court sitting in Sokoto, on a one - count charge bordering on Cheating.
The one count charge reads; "That you Mobuse John, sometime in October, 2019 at Sokoto within the judicial division of the High Court of Justice of Sokoto State, committed an offence to wit: Cheating by fraudulently inducing one Usman Ibn Umar to deliver to you the sum of N2,000.00 for PTDF scholarship, past question papers and aptitude test for undergraduate and post-graduate awards in Nigeria Collages of Education, Polytechnics and Universities for 2019/2020 Academic season via a website: http:11 www.pdfscholarship.eu and other members of the public and thereby committed an offence contrary to Section 310 (a) of the Sokoto State Penal Code Law 2019 and punishable under Section 311 of the same Law".
Upon arraignment, John pleaded guilty to the charge.More photos below.

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