The National Bureau of Statistics, NBS reported earlier in the week to the joy of Nigerians that inflation is heading for a fall. The immediate expectation would be that prices of commodities, including food items, will fall. While that has been experienced in most states, there are states that still have high cost of food…
The Nigerian Geological Survey Agency (NGSA) has dismissed fears by residents of the Mpape and Katampe environs of Abuja, the Federal Capital Territory (FCT) over earth tremors. The Director-General, NGSA, Olusegun Ige, in a statement on Wednesday, said the agency investigation showed that over 48 tremors were recorded, however found to be low and non-threatening…
Wife of Ganiyu Aliyu Garu, a member of the House of Representatives has drawn the anger of the public as a result of the type of empowerment she did for youth in her husband’s constituency. Hajiya Fatima Aminu Aliyu Garu is seen in a viral photograph distributing sugarcane sticks to youngsters, some of whom are…
Vice President Kashim Shettima, on Wednesday at the launch of initiatives to tap into the group of 20 top exporters of halal products to D8 countries, with a revenue of at least 6 per cent from the $7tn export opportunities, said it’s not just an Islamic venture. The halal market refers to the global trade…
The Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Doris Anite on Tuesday decried the consumption of substandard and counterfeit goods in Nigeria and across Arica. Africa has over 1.2 billion consumers, with a projection to reach 1.7 billion by 2030. However, Consumer expenditure in Africa is peaked at $1.4tn in 2015, growing at…
United African Company (UAC) said it raised prices of its product by an average of 100 per cent because of inflation and to boost the firm’s profit margin. The Group Managing Director of UAC, Fola Aiyesimoju said the upward review was based on average 75 per cent to 100 percent. The GMD disclosed these during…
The government of Bauchi State has donated N250 million to help Borno State flood victims who are facing a humanitarian crisis in the local government areas of Maiduguri and Jere. The donation was made during a sympathy visit to the Borno State Government House in Maiduguri on Monday, by Bauchi State Governor Bala Mohammed, where…
The Nigeria government, on Sunday, received 50 tonnes of humanitarian aid from the United Arab Emirates (UAE). The aid is to support internally displaced persons affected by the flood disaster in parts of the country. The relief items arrived at the Cargo wing of Nnamdi Azikiwe International Airport, Abuja, at about 2.40pm. The items were…
If the report is be believed, and the tempo is sustained, then inflation including high cost of food items may be going down to the comfort of Nigerians. This follows the latest report by the National Bureau of Statistics (NBS) released today, which indicates that the August 2024 headline inflation eased to 32.15 per cent,…
For the government to be able to adequately prepare for flooding and reduce damages as well as casualties, it has to invest more in suitable infrastructure. The federal government has, therefore, been advised to increase funding for the climate resilient infrastructure in those regard. A Civil Society Organisation, Connected Development(CODE) made the call. But…
