INFLATION has been erratic in the last five years driven by some external and internal factors, including the precipitous fall in crude oil prices in 2016 that saw the country slip into recession coupled with major fiscal moves by the government like the shut-down in land borders in 2019.

THE Nigerian economy has been facing challenges for the past five years following its over dependence on oil as a major source of its revenue as the country recorded the highest growth in Gross Domestic Product, GDP of 2.65 per cent in 2015.

Ten “terrorists” died in an offensive against a jihadist base in the west of Burkina Faso on Thursday, according to the army’s chief of staff. The West African country is battling an Islamist revolt, which has also exacerbated deadly inter-ethnic tensions. Since 2015, nearly 900 people have died and 840,000 have fled their homes. A […]

THE Federal Government’s main economic strategy is anchored on diversification of the economic base away from oil dependency.

Former President of Nigeria, Olusegun Obasanjo, has called on former African presidents to support the President of African Development Bank (AfDB), Dr Akinwumi Adesina, in the midst of controversial ‘probe’ from outside the African region. Obasanjo took time out to exhaust some of the achievements of the former Minister of Agriculture as the President of […]

SINCE 1999, Federal Government’s allocation to the health sector has been abysmal. In the last 21 years, the Federal Government has produced a budget of N82.2 trillion out of which it allocated N4.096 trillion or 4.98 per cent to health.

Twitter on Friday flagged a post by US President Donald Trump on the unrest in Minneapolis as ‘glorifying violence’, saying the tweet violated its rules but would not be removed. “This Tweet violated the Twitter Rules about glorifying violence. However, Twitter has determined that it may be in the public’s interest for the Tweet to […]

…says he would ‘SHUT DOWN’ Twitter if he could President Donald Trump lashed out at social media Thursday accusing it of anti-conservative bias which he called one of the greatest threats to free speech in American history – and said he wished he could close down Twitter. He lambasted the platform as he signed an […]

IN several ways, the war against COVID-19 pandemic in Nigeria had begun long before the confirmation of the index case in February 2020. Even before the first test was carried out and admission of the first patient, there were concerns in all quarters about Nigeria’s state of readiness and level of preparedness. The reason for the concerns was not unconnected with the nation’s “weak” health system.

By Udeme Akpan with Agency Report The global oil market remains dull as 50 unsold cargoes of Nigeria’s Bonny Light await buyers, indicating that the volatile market is still flooded with unsold stocks. Reuters, which confirmed the situation, disclosed that despite the coronavirus pandemic, India purchased a bulk of the nation’s crude yesterday. It stated: […]

Governor Aminu Masari of Katsina State has approved for the relaxing of the COVID-19 lockdown to allow Muslim faithful observe Friday congregational prayers in the state. Alhaji Mustapha Inuwa the Secretary to the State Government, said this in a statement in Katsina. Inuwa said that the governor also lifted the ban on Church services every […]

ACCORDING to American Poet,  Ralph Waldo Emerson (1803 -1882), “The first wealth is health.” Taken further, a healthy man is a wealthy man, so says a saying. By analogy, a healthy nation is a wealthy nation.

By Egufe Yafugborhi PORT HARCOURT – MEMBER representing Khana/Gokana Federal Constituency in the House of Representatives, Dumnamene Dekor, has cautioned his constituents against unguarded utterance and actions over Rivers State Government’s demolition of hotels for alleged violation of Covid-19 containment orders. Dekor made the caution in a statement Thursday following Tuesday demonstration in Zaakpon, Khana […]

Katsina Police have reported they killed two suspected kidnappers, arrested six notorious bandits and recovered 130 rustled cows. The Katsina Police Command’s Public Relations Officer, SP Gambo Isah, said this in a statement made available to newsmen in Katsina. “On Wednesday at about 22:00hrs, based on intelligence report, we gathered that a notorious syndicate of […]

COVID-19 cases in Nigeria increased further on Thursday with 182 new cases reported in the country, despite efforts by authorities to flatten the curve of the pandemic. The new cases were confirmed by the Nigeria Centre for Disease Control (NCDC) on Twitter. This takes the country’s total infections to 8,915 out of which 2592 have […]