MoSPI proposes Index of Service Production with 2024-25 as base year
The Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector using GST data, with 2024–25 as the base year. The index will track key service segments such as trade, transport, banking, insurance, hospitality, real estate, and professional services, and will complement the Index of Industrial Production by offering high-frequency insights into the services economy.
Justin Tomlinson1 source
The Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector using GST data, with 2024–25 as the base year. The index will track key service segments such as trade, transport, banking, insurance, hospitality, real estate, and professional services, and will complement the Index of Industrial Production by offering high-frequency insights into the services economy.
Related stories
OpenAI recruits top software executives amid industry talent war
Software giants are seeing their worst stock performance in years on fears of AI disruption. Now they have a new problem.
Class Action Lawsuit Filed Against LKQ Corporation for Alleged Securities Fraud
NEW YORK, April 24, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against LKQ Corporation (NASDAQ: LKQ ) and certain of its officers. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired LKQ securities between February 27, 2023 and July 23, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/LKQ. LKQ Case Details The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (
Synthesized from 3 sources
Wike Appoints New Aide On Procurement
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has appointed Alhaji Onsachi Musa Idris as Senior Special Assistant on Procurement. Naija News reports that Idris took up the new role on the same day he retired from the civil service, April 24, 2026. Before his retirement, he served as Director of Procurement in [...] The post Wike Appoints New Aide On Procurement appeared first on Naija News .