Former President Olusegun Obasanjo clarified that the release of Nnamdi Kanu was not discussed during his meeting with South-East governors in Enugu State on Tuesday. Obasanjo and Chief Emeka Anyaoku met with the governors to discuss regional development issues, such as security, infrastructure, economic cooperation, and collaboration, complementing the national economic agenda. A statement...
Read MoreNigerians are currently facing a severe increase in the prices of goods and services, beginning in 2022 due to global supply chain issues, the Russia-Ukraine war, and domestic insecurity. This inflation was exacerbated by the removal of the fuel subsidy on May 29, 2023, leading to a 223% rise in petrol prices and the...
Read MoreMrs. Hannatu Ajiji, an official at the Tomatoes/Pepper Market along Bauchi Ring Road in Jos, Plateau State, explains the fluctuating prices of food items. “We don’t tell people about prices of tomatoes and pepper again because they may fluctuate at any time. Sometimes, we sell at a particular price in the morning and by...
Read MoreThe maritime sector in Nigeria is facing a severe crisis due to a significant drop in vessel calls at the nation’s ports. This downturn has had a domino effect on various businesses, exacerbating the ongoing forex crisis and inflation that are plaguing the economy. Impact on Maritime Sector Stakeholders The drastic reduction in vessel...
Read MoreA Federal High Court in Lagos has ruled that the EFCC’s declaration of Margaret Emefiele, wife of former Central Bank Governor Godwin Emefiele, as a “wanted person” is illegal. Mrs. Emefiele challenged the EFCC and its chairman for listing her as wanted and displaying her photo on its website without a valid court order....
Read MoreThe Ondo State Police Command has brought a 35-year-old herb seller, Taiwo Mufutau, before an Akure Family Magistrate Court on charges of defiling his 8-year-old biological daughter. Mufutau faces a single charge of rape, which violates Section 25(a) of the Ondo State Violence Against Persons (Prohibition) Law of 2021. Police prosecutor Martins Olowofeso informed...
Read MoreA Crisis Born of Insecurity and Poverty In Northern Nigeria, particularly in the states of Kaduna, Katsina, Zamfara, Sokoto, Kebbi, Kano, Jigawa, and parts of Niger, banditry has emerged as a severe security threat. This crisis stems from the aftermath of the Boko Haram insurgency, which has left the region in socio-economic turmoil. The...
Read MoreAtlanta, Georgia — In a heated debate on Thursday, former President Donald Trump accused President Joe Biden of poorly managing the US economy, highlighting the sharp rise in inflation as a critical issue in the upcoming November presidential election. “He has not done a good job. He’s done a poor job,” Trump stated during...
Read MoreLAGOS — Governors from the Southern part of Nigeria, under the aegis of the Southern Governors’ Forum, have called for each state’s ability to pay the new minimum wage to be considered. This appeal comes amidst ongoing discussions by the Nigerian Governors’ Forum (NGF) to find a mutually agreeable solution to the minimum wage...
Read MoreIn a decisive move, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has ordered the arrest of two officers implicated in the alleged manhandling of a female staff member at the Regional Hotel in Ojo, Lagos. The incident, which has sparked widespread outrage, was captured in a viral...
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