Similari Fubara, the suspended governor of Rivers State may be temporarily out of office, his plans have not been totally discarded by the administration of the Sole Administrator, Retired Vice-Admiral Ibok Ibas. This is evident in the decision of the Sole Administrator to revive the Rivers Songhai Farms that had suffred neglect since the exit of…
The National Bureau of Statistics (NBS) said that Nigeria’s headline inflation rate edged up to 24.23 percent in March 2025. The NBS announced the increase in its consumer price index (CPI) for March on Tuesday. The new rate indicates an upward movement from the 23.18 percent reported in February. It also signals a return to…
The Nigeria Centre for Disease Control and Prevention (NCDC) has reported 674 confirmed cases of Lassa fever out of 4,025 suspected cases across 18 states and 93 local government areas from January to April 6, 2025. According to the NCDC’s latest situation report, 127 deaths have been recorded with a Case Fatality Rate (CFR) of…
The Federal Government has gazetted and transmitted the ECOWAS schedule of tariff offers for Trade in Goods under the African Continental Free Trade Area to its secretariat. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, said this through a statement issued in Abuja on Tuesday. Oduwole said that, the move was ahead of…
The challenges in the country’s economy forced unprecedented production costs on major food processing companies in Nigeria in the past year. The development also affected the prices of commodities in the market, as the affected companies passed the costs to the consumers. For instance, BUA Foods Plc and Dangote Sugar Refinery Plc reported that they…
Nigeria’s economic stability faces a fresh challenge following the Trump administration’s announcement of a 14 per cent tariff on Nigerian exports to the United States. The measure is part of a broader protectionist initiative aimed at rebalancing trade relationships globally, and has raised alarm over the future of the African Growth and Opportunity Act (AGOA),…
President Bola Tinubu has approved the appointment of Nasir Naeem Abdulsalam as the Managing Director, Ajaokuta Steel Company. Segun Imohiosen, Director of Information and Public Relations at the office of the Secretary to the Government of the Federation (SGF), announced the appointment on Friday. The statement said, “The appointment takes effect from 3rd April, 2025…
No fewer than 60,000 small business owners and entrepreneurs have registered their interest in the upcoming National MSMEs Award by submitting compelling videos to showcase their achievements and innovations. The Special Adviser to the President on Job Creation and MSME, Temitola Adekunle-Johnson, disclosed this in a statement on Monday. Recall that on March 2, the…
The Federal Capital Territory (FCT) Command of the Nigeria Customs Service (NCS) has intercepted $193,000 undeclared foreign currency. The money was concealed in a carton of yoghurt as part of the luggage of a traveler who flew into the country through the Nnamdi Azikiwe International Airport, Abuja. The interception on Thursday resulted from credible intelligence…
Nigeria will soon partner the United Kingdom’s Zander Corporation to combat desertification and restore degraded lands in key ecological zones. As part of the collaboration, the UK-based bio-technology firm has donated £250,000 worth of afforestation technology to support Nigeria’s efforts in sustainable land use and agricultural transformation. Vice President Kashim Shettima, speaking during a meeting…
