The National Bureau of Statistics (NBS) has said that headline Inflation rate for November 2024 increased to 34.60 per cent, by a marginal 0.72 percent against the October 2024 headline inflation rate which stood by 33.88 per cent. The trend in November 2024, according to the Consumer Price Index (CPI), showed that on a year-on-year…
Data by the National Bureau of Statistics NBS, on Friday, revealed that food inflation in Nigeria spiked to an all-time high of 37.92 percent in February. The food inflation rate on a year-on-year basis surged by 13.75 percent against the 24.35 percent recorded in February 2023. NBS said the surge in food inflation on a…
The fishing and farming communities of Akpabuyo local government area of Cross River State have lamented their inability to go about their occupation due to the activities of militants leading to their injuries and deaths. The Cross River State House of Assembly also raised the alarm over the resurgence of militancy in Bakassi and Akpabuyo…
The World Trade Organisation (WTO) in collaboration with the International Trade Centre (ITC) has announced Nigeria, Jordan, Mongolia, and the Dominican Republic as beneficiaries of the $50m Women Exporters in the Digital Economy (WEIDE) Fund. The WTO Director-General, Dr. Ngozi Okonjo-Iweala, said the initiative would provide funding, training, and market access to assist women entrepreneurs…
Unless urgent action is taken, Nigeria may lose $20 billion revenue from cocoa in the next three years. This is because the country does not appear to be taking seriously the issue of afforestation of the land as there appears to be a rise in the number of people now engaged in cocoa farming. The…
If the target of the World Bank is met as planned, then the days of extreme poverty, particularly in low income countries, are numbered. This is as the global bank aims to raise the sum of $100bn to eradicate extreme poverty, which it said would take decades to accomplish , unless drastic actions were taken….
… SAYS THAT WILL INCREASE UNEMPLOYMENT A former Permanent Secretary in what used to be known as Federal Ministry of Agriculture and Rural Development (FMARD), Ernest Umakihe has said that if care is not taken, the country may be one of the destinations of Chinese yams. Umakihe, a professor who retired from public service last…
The National Orientation Agency (NOA) has urged Nigerians to take preventive measures against Tuberculosis (TB). The agency’s Director in Jigawa, Malam Tijjani Ahmad, made the appeal on Monday in Dutse at an event to commemorate the 2025 World TB Day. Ahmad noted that tuberculosis was a contagious disease caused by bacteria that mainly affects the…
The National Counter Terrorism Centre (NCTC) has launched an agribusiness initiative, Seeds for Hope, to promote economic inclusion, peacebuilding, and resilience in post-conflict areas. The programme targets former combatants and communities affected by conflict in Nigeria, providing beneficiaries with access to farmland, agricultural inputs, technical training, mentorship, and market linkages. Adamu Laka, National Coordinator of…
DID YOU KNOW THAT? 1).Birds don’t urinate. 2).Horses and cows sleep while standing up. 3).The bat is the only mammal that can fly. The leg bones of a bat are so thin that no bat can walk. 4). Even when a snake has its eyes closed, it can still see through its eyelids. 5). Despite…
