The Nigerian naira recorded a slight depreciation against the United States dollar across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market on Tuesday, May 19, 2026, amid continued demand pressures in the foreign exchange market.

…As Nigeria’s cotton output crashes by 95% By Yinka Kolawole The Federal Government has intensified efforts to revive Nigeria’s Cotton, Textile and Garment, CTG, industry, following a 95 percent decline in the country’s cotton production from about 200,000 metric tonnes in 2001 to roughly 10,000 metric tonnes in 2025. Minister of State for Industry, Senator […]

By Chioma Obinna As Nigerians join the rest of the world to mark this year’s World Hypertension Day, May 17, a Consultant Interventional Cardiologist at the Lagos State University Teaching Hospital, LASUTH, Dr. Ramon Moronkola, warned that millions of Nigerians may be living with high blood pressure unknowingly, raising concerns over the increasing burden of […]

By Cynthia Alo  The Federal Government, in a bid to improve livestock healthcare delivery, has completed and handed over new Veterinary Primary Health Centres in Lagos and Ogun states. The centres, located in the Epe area of Lagos and Ijebu Igbo in Ogun State, are part of the Federal Ministry of Livestock Development’s nationwide plan to […]

By Rosemary Iwunze The National Insurance Commission, NAICOM, has called on insurers to  transition from a product-centric approach to a customer-centric model. Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, who stated this at the opening ceremony of the Insurance Week 2026, explained that customer-centric model entails actively involving clients in the product development process seeking their […]