Nigeria Digest: Key Stories from August 3, 2023

Nigeria saw significant developments on August 3, 2023, including political moves, legal battles, economic shifts, and health challenges. Major stories highlighted election preparations, media freedom issues, and notable business developments.

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Business & Economy

Despite government claims of a downward trend, food inflation remains a pressing concern across South-West Nigeria, with prices of staple food items like rice and beans significantly increasing.

- punchng.com

Nigerian Breweries has reported a revenue of N738.14 billion for the first half of 2025, showcasing its strong financial performance during the period.

- leadership.ng

Sterling Financial Holdings Plc announced its half-year profit of N41.8 billion, demonstrating a positive financial outlook for the company alongside a rise in earnings per share.

- punchng.com