High food prices eat away at Nigerians’ income

…Economists see rate peaking at 35% in months High food prices continued to exert pressure on the wallets of Nigerians read more High food prices eat away at Nigerians’ income

Analysts see $2.25bn World Bank loan easing naira pain

The $2.25 billion World Bank loan given to Nigeria to stabilise the economy and scale up support to the poor read more Analysts see $2.25bn World Bank loan easing naira pain

Lagos alerts residents to outbreak of severe gastroenteritis caused by Cholera

The Lagos State Government has alerted residents that the outbreak of severe gastroenteritis affecting multiple local government areas (LGAs) is caused by the current cholera outbreak. The Ministry of Health spokesperson, Tunbosun Ogunbanwo, disclosed this in a statement on Saturday, stating that the confirmation comes after laboratory investigations and test results revealed the presence of cholera subtype 0-1. Ogunbanwo, who quoted the commissioner for health, Akin Abayomi, said the cholera subtype 0–1 is associated with more…

Tinubu directs Ahmadu to resign as BPP director-general

President Bola Ahmed Tinubu has directed the Director-General/Chief Executive Officer of the Bureau of Public Procurement (BPP), Mamman Ahmadu, to resign. Spokesperson to the president Ajuri Ngelale in a statement, said the move is part of a broader effort to reorganise the public procurement system and enhance its efficiency and transparency. Ahmadu is expected to hand over to the most senior officer in the Bureau, pending the appointment of a new Director-General. “President Bola Tinubu has…

FCTA offers free medical services to over 1000 residents of Kuje

The Federal Capital Territory Administration (FCTA) has provided free medical services to over 1000 residents of Kuje Area Council as part of activities to commemorate 2024 Democracy Day. The outreach, tagged Renewed Hope Free Medical Outreach”, was the brainchild of the FCTA’s Mandate Secretary for Health Services and Environment Secretariat, Dr. Adedolapo Fasawe, in celebrating the day with residents of the area. FCTA also distributed 500 cooking gas cylinders to pregnant women to promote healthy cooking,…

Tinubu appoints 560 governing council members for federal institutions

President Bola Tinubu has approved the appointment of 560 individuals as chairmen and members of the governing councils of federal government-owned tertiary institutions across the country. Tinubu approved the reconstituted governing councils and boards of federal universities, polytechnics and colleges of education. The appointment was announced by the Permanent Secretary for General Services in the Office of the Secretary to the Government of the Federation, Nnamdi Mbaeri, in a statement released on Friday. Mbaeri stated that…

Nigerian couple gets life sentence for human trafficking, others in South Africa

A Nigerian national Jude Ijegulu and his partner Elizabeth Botes have been sentenced to life in jail after being convicted of human trafficking and operating a brothel in South Africa. This is according to South Africa Broadcasting Corporation (SABC). Ijegulu, 34, and his 29-year-old partner, who is from Centurion in Pretoria, received their sentences in the Pretoria High Court. Ijegulu was sentenced to two life terms for two counts of rape and an additional two years…

Ten most expensive Nigerian states to live in May

Nigeria’s annual inflation rate quickened to 33.95 percent in May 2024 from 33.69 percent in April 2024, for the seventeenth read more Ten most expensive Nigerian states to live in May

EFCC arrests Abubakar Isa Funtua for alleged N28billion fraud

Abubakar Isa Funtua The Economic and Financial Crimes Commission, (EFCC) has confirmed the arrest and detention of th Son of late Isa Funtua, Abubakar for allegedly stealing over N28billion and other fraudulent activities. Abubakar and his Ugandan businesses associate, Asega Aliga, where alleged to have looted N28billion from Keystone Bank and fled Nigeria. While Abubakar was said to initially moved to Spain where his estimated to worth $300million in cash and properties, Aliga was said to…

Why I halted Kano Durbar activities – Ado Bayero

The 15th Emir of Kano, Aminu Ado Bayero, has that the durbar ceremonies earlier scheduled were halted following recommendations of the security and for peace to continue to reign in the State. The Emir said this while delivering a broadcast at the Nassarawa mini palace on Saturday. “On this day when all Muslim faithful are observing the day of Arafat, we felicitate with all during this important occasion,” he said. “Eid is practiced and we are…

Business & Economy

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