Inflation forces Nigeriens to adapt what they eat
Inflation in Niger peaked at a record high of 15.5 percent in June last year before falling towards the end of the year, data from the National Statistics Institute showed.
Facility mgt key to preventing building collapse in Nigeria – Expert
Chief Executive Officer of Max-Migold Ltd, Paul Erubami, has said facility management can help prevent recurring building collapse in Nigeria, stressing that the common factors leading to building collapse include the use of unqualified professionals, poor construction practices and use of substandard materials. Erubami claimed that facility managers could advocate for the use of quality […]
Nigeria’s oil output excluding condensate rises 6.3% to 1.507m bpd
•Meets 1.5m bpd OPEC quota •As NUPRC forecasts 2m bpd in 2025 By Udeme Akpan, Energy Editor Nigeria’s oil output, excluding condensate, increased year-on-year (YoY) by 6.3 per cent to 1.507 million bpd in December 2024, from 1.418 million bpd recorded in the corresponding period of 2023. However, on a month-on-month (MoM) basis, the nation’s oil […]
Cartoon: Nigerian meaning of ‘privatisation’
Cartoon: Nigerian meaning of ‘privatisation’
Inflation rises to 34.8% as festive period drives up demand
•Analysts projects lower inflation for January •CPPE calls for pause in monetary policy tightening By Babajide Komolafe & Elizabeth Adegbesan Nigeria’s inflation rate rose to 34.8 per cent in December from 34.6 per cent in November driven by festive period rise in demand for goods and service. The National Bureau of Statistics, NBS, disclosed this in […]
Epileptic Power: DISCOs billing drops 5.4% to N213bn
By Ediri Ejoh The total amount billed to electricity customers by Distribution Companies (DISCOs) has dropped by 5.4% to N213.62 billion in October 2024 from N225.80 billion in September 2024. In same vein, DISCOs’ total revenue collected declined by 5.0% to N163.07 billion in October 2024 from N171.58 billion in September 2024. This came as the […]
Investors lose N2. 05 trn in 3 days amid profit taking
By Peter Egwuatu Investors lost N2.05 trillion in three days on the NGX due to profit-taking activities which continued, yesterday, in the Nigerian stock market. The market capitalisation, which represents the total value of equity listed the Nigerian Exchange, NGX, declined to N64.256 trillion on Wednesday from N64.302 trillion on Monday. In the same vein, another […]
Gunmen kill final-year Akwa Ibom Polytechnic student
final-year Computer Science student of Akwa Ibom State Polytechnic, identified as Prince, was shot dead by gunmen in the early hours of Wednesday
Senator Natasha calls for revitalisation of Northern Nigeria’s socio-economic, cultural heritage
Senator Natasha Akpoti-Uduaghan has called for the revitalisation of Northern Nigeria’s socio-economic and cultural heritage, urging northerners to embrace the vision of Ahmadu Bello and the Sardauna of Sokoto, who led the region to prosperity in the 1950s. Speaking at the Sardauna memorial day in Kaduna, she highlighted the importance of education and cultural preservation. […]
How climate change adversely affects learning — Report
Climate change is not only threatening our environment but also disrupting the learning environments of millions of children
Group demands 40% oil bloc licenses for Niger-Deltans
A group under the aegis of Niger Delta Community Youths Association based in Bayelsa, Akwa-Ibom, Edo, Rivers, Cross-River, Delta, Imo, Abia and Ondo States have expressed strong objection to the recent allocation of oil bloc licenses by the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to Corporate entities and individuals that are not indigenes of the Niger-Delta.
