Edo communities rally against illegal logging to protect Okomu National Park
A community-based group, the Concerned Sons and Daughters of Riverine Communities in Edo State, has called on authorities to investigate allegations of illegal logging activities in Okomu National Park.
FCT Minister urged to intervene in alleged land grabbing in Kurudu
Some residents of Kurudu axis in the Abuja Municipal Area Council of the Federal Capital Territory FCT have cried out to the Honourable Minister of FCT, Barr. Nyeso Wike to come to their aid and intervene in a land grabbing saga by an estate developer in Abuja.
Naira rises to N1,630/$ in parallel market
The Naira yesterday appreciated to N1,630 per dollar in the parallel market from N1,640 per dollar on Tuesday. Similarly, the Naira appreciated to N1,507 per dollar in the official foreign exchange market.
We have cleared Umuahia forests of criminal elements — Hunters
The leader of the Nigerian Hunters and Forest Security Services (NHFSS), in Abia State, Sunday Chukwudiegwu Mmeribe, has said that his members have cleared forests in Umuahia, the capital of Abia State, of criminal elements.
Abia govt, traders endorse NAFDAC’s fight against fake products
Abia State government has promised to collaborate with the National Agency for Food and Drugs Administration and Control (NAFDAC) in eradicating fake and expired products in Eziukwu road market in Aba, popularly known as the Cemetery market.
FG secures $1.1bn AfDB loan to power 5m people by 2026 — Tinubu
The Federal Government has secured a $1.1 billion loan from African Development Bank, AfDB, to provide electricity for 5 million people by the end of 2026.
Minimum Wage: Labour gives defaulters till March to implement
The Nigeria Labour Congress (NLC) said that stringent measures are in place to ensure that states and employers implement the national minimum wage and the consequential adjustment before the end of March. Mr Mohammed Ibrahim, President Senior Staff Association of Nigerian Universities (SSANU) said this at its one-day National Leadership Retreat organised for the union’s […]
U.S plane carrying 64 passengers collides with Army Black Hawk at Reagan Airport
A commercial aeroplane collided in midair with a Black Hawk helicopter as the jet was approaching a runway at Ronald Reagan Washington National Airport on Wednesday night, according to federal aviation officials. The accident happened as the jet, operated by regional carrier PSA Airlines on behalf of American Airlines, was attempting to land just before […]
IMF/WTO verdicts: Corruption, absence of rule of law harm Nigeria’s economy, by Olu Fasan
The International Monetary Fund, IMF, and the World Trade Organisation, WTO, both have a remit to monitor and review the economic developments and policies of their members. The aim, for the IMF, is to ensure that countries manage their economies and finances well to prevent financial instabilities both nationally and internationally. For the WTO, the aim is […]
Climate Change: Liberia seeks collaboration with Nigeria
Parliamentarians and environmentalists from the Republic of Liberia have called for collaboration with Nigeria to combat the effects of climate change, which is affecting countries globally.
Shippers Council commences ICTN implementation Q2’25
•Targets 1% freight stabilization fee By Providence Ayanfeoluwa The Nigerian Shippers’ Council, NSC, has said that the implementation of its International Cargo Tracking Note, ICTN, will commence by second quarter of 2025. This development is expected to tighten oversight on cargo movements and significantly increase transparency. As at October 2024, Nigeria had lost about $2.5 billion […]
Lenders experience high loan default rates in Q4’24 — CBN survey
By Elizabeth Adegbesan A Central Bank of Nigeria, CBN, survey report has shown that lenders experienced high loan default rate in the fourth quarter of 2024, Q4’24. The report titled: “Credit Condition Survey Report for Q4’24” released yesterday stated: “Lenders observed higher default rates for all lending types in the review quarter; Secured, Unsecured and Corporate.” […]
More Nigerians transfer pension savings into mortgage
•As pension fund assets rise 4.4% By Rosemary Iwunze More Nigerians are relying on their pension savings to acquire residential mortgage as the number of Retirement Savings Account, RSA, holders that transferred part of their pension savings into residential mortgage increased by 65.03 per cent quarter on quarter, QoQ, to 3,804 in the third quarter of […]
‘We are moving towards one hour cargo clearance time’ — PTML Customs
By Godwin Oritse THE Port and Terminal Multi-Purpose Services Limited, PTML, Command of the Nigeria Customs Service, NCS, has commenced the process to achieve a one hour cargo clearance time from its command after recording a two hour clearance time previously. Speaking at the International Customs Day celebration in Lagos, the Command’s Comptroller, Mr. Tenny Daniyan, […]
AAUA don proffers herbal medicine as solution to malaria treatment
—- Decries high cost of potent antimalarial drugs By Dayo Johnson, Akure A Renowned parasitologist, Prof. Olusegun Akanbi, has declared that herbal medicine remains one of the most promising solutions for malaria treatment, given the parasite’s growing resistance to conventional drugs. Prof. Akanbi, said this while delivering the 33rd Inaugural Lecture of Adekunle Ajasin University, […]
Gov Abdulrazaq putting Kwara youth to productive enterprise – First Lady Tinubu
Nigeria’s First Lady Senator Oluremi Tinubu ended her three-day working visit to Kwara on Thursday with a tour of the Garment Factory, another signature project of Governor AbdulRahman AbdulRazaq and the biggest of its kind in the country.
