News
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Why price of bread is high — Bakers
The Premium Bread makers Association of Nigeria, PBAN, has said increase in the price of bread was caused by volatility in exchange. Recall that before the ascension to office of the present government, the exchange rate hovered around N465 to the dollar in the official market and N762 in the…
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Food crisis: Address factors disrupting supply chain, others, NECA tasks govt
The Nigeria Employers’ Consultative Association, NECA, has asked the government at all levels to address factors disrupting food supply to resolve the worsening food crisis confronting the country. NECA, the voice of business in Nigeria and the umbrella body for employers in the country, pleaded with the nation’s policymakers to…
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Nigeria’s inflation rate will drop to 23% by 2025 -IMF
In a recent release of its Global Economic Outlook at the International Monetary Fund/World Bank Spring Meetings in Washington D.C., on Tuesday, the IMF provided projections for Nigeria’s economy, indicating a significant shift in inflation rates. Division Chief of the IMF Research Department, Daniel Leigh, highlighted the impact of Nigeria’s…
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Army to build personal homes for troops fighting insecurity
The Nigerian Army says arrangements are in place to build befitting personal homes for all soldiers fighting various forms of insecurity in the country. It also said premiums paid to beneficiaries of various insurance schemes to cater for troops’ dependents in any eventuality have been doubled without any corresponding increase…
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Yoruba Nation: We don’t regret our actions — Defiant suspects
One of the suspects of the Yoruba Nation agitators that invaded the Oyo State House of Assembly and Governor’s office, on Saturday, Ademola Adeniyi, said he didn’t regret his action. Adeniyi, a 29-year-old phone repairer, said, “We all know that nothing is working in Nigeria and things are hard for…
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Son kills 70-year-old mother in Akwa Ibom
There is confusion in Etim Ekpo Local Government Area of Akwa Ibom State following the murder of a 70-year-old woman, Mma-Offiong James Peter, by her son, Inyangake James Peter. The suspect, who was arrested by the police on April 4, 2024, at about 9:00 am, said he acted based on…
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Over 1,000 kidnapped victims so far rescued without ransom — FG
THE National Security Adviser, Nuhu Ribadu, on Monday, said the President Bola Tinubu-led Federal Government has so far rescued over 1,000 kidnap victims without paying a ransom. Ribadu said this when he received 22 students and staff of the Federal University of Gusau, Zamfara State, rescued on Sunday. The bandits…
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Tinubu declares April 7 as National Police Day
President Bola Tinubu has declared April 7 as National Police Day. Tinubu, represented by Vice President Kashim Shettima, made this known on Monday night, April 15, at the maiden edition of the Nigeria Police Awards and Commendations ceremony held in the Transcorp Hilton, Abuja. Delivering the President’s speech titled, “Courage…
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30 illegal miners arrested in Niger
Thirty persons have been arrested for illegal mining in Niger State, Commissioner for Mineral Resources, Garba Sabo, said yesterday, April 15. He also said the ministry has profiled 229 mining companies for assessment to determine which would be approved or disapproved. Sabo, who addressed reporters yesterday, said the arrests were…
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Magodo land dispute: Supreme Court directs Lagos govt, Shangisha Landlords to resolve matter amicably
The Supreme Court has directed the Lagos State Government and the Shangisha Landlords Association to resolve their land dispute amicably, stating that it lacked the power to review its own Judgement. The 5-man panel, led by Justice Iyang Okoro in a ruling, advised counsel to the parties to study the…