NewsReports

… Laments that Tinubu’s presidency has savagely turned Nigeria into a battlefield of severe hunger and poverty By Williams Adesoji Abuja, Nigeria – Nigeria’s President, Bola Ahmed Tinubu is responsible For Nigeria’s Economic woes, prominent Nigerian social critic, human rights and pro-democracy activist, Comrade Igbotako Nowinta has asserted. Nowinta made the assertion in Abuja on Monday while reacting to the …

Nigeria’s annual inflation rate rose in September after recording a two-month consecutive fall. The headline inflation rate was 32.70 per cent relative to the August 2024 headline inflation rate of 32.15 per cent, the National Bureau of Statistics (NBS) announced Tuesday. Inflation indicators compare prices of goods and services over 12 months. A decline does not necessarily imply a reduction in prices; …

The Inspector General of Police (IGP), Dr Kayode Egbetokun on Tuesday declared that the Nigeria Police Force (NPF), as a responsible organisation acted professionally in the recent political crisis which rocked Rivers State to its foundation during which several lives were lost and properties worth billions of naira damaged. Fielding questions from newsmen during the IGP Conference with Senior Police …

Nigeria’s main opposition party, the Peoples Democratic Party (PDP), is currently rocked by one of its most debilitating crises since its establishment nearly 26 years ago. Virtually every party organ and caucus appears factionalized and is engaged in proxy squabbles for the party’s soul. The internal discord, according to sources, is fuelled by a struggle to control the party’s structure …

The Lagos State High Court has ordered Martin Otse, popularly known as VeryDarkMan, a controversial social media critic, to remove defamatory comments and videos involving lawyer and human rights activist Femi Falana (SAN) and his son, rapper Folarin Falana (Falz). Justice M.O. Dawodu made the ruling on Monday, October 14, 2024, in suit no: ID/8584/GCM/2024. The case stemmed from publications …

•World Bank: Economic policies hurting ordinary Nigerians   •Projects 3.3% economic growth for Nigeria in 2024, 3.6% next year • Bagudu: FG determined to stay the course, deepen implementation of revised national devt plan  •Oyedele: New tax regime may take effect January 2025  •CBN reaffirms commitment to subduing inflation  •MAN wants manufacturers’ constraints addressed President Bola Tinubu yesterday called for increased …

Vice President Kashim Shettima says President Bola Tinubu-led government is building a resilient economy that can withstand shock. Shettima made this known in Abuja at the 30th Nigerian Economic Summit (NES30), with the theme: ”Collaborative Action for Growth, Competitiveness and Stability” “It is also important to note that stability is not just about managing crises as they arise. It is …

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation Ltd. (NNPCL), Mele Kyari, has stated that petrol smugglers hid under the subsidy loophole to make around N17 million per truck in neighbouring countries. The NNPCL boss revealed this in Abuja while addressing the media on the government’s efforts to deregulate the oil and gas sector. According to …

The Nigerian National Petroleum Company Limited has agreed to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum Marketers Association of Nigeria at N995 per litre. This followed the intervention of the Department of State Services in the controversy between the two parties. The National Vice President of IPMAN, Hammed Fashola, told our correspondent that the intervention of …

…demands collaborative action to drive economic growth President Bola Tinubu has said that Nigeria must prioritise economic diversification to move forward, reaffirming his administration’s commitment to focus on sectors that can offer inclusive and sustainable growth, such as agriculture, manufacturing, and the digital economy. He, therefore, called for increased cooperation among government agencies, the private sector and international partners to …