The Federal Government has ordered the immediate suspension of the four per cent Free on Board (FOB) charge earlier imposed by the Nigeria Customs Service (NCS) on all imported goods. The directive, issued by the Coordinating Minister of the Economy and Minister of Finance, Wale Edun, was contained in a letter addressed to the Comptroller-General …
The smell of smoky jollof rice filled the Lagos air. Drums beat, cameras flashed, and hundreds lined up under the scorching sun, waiting for a scoop from what would become the world’s largest pot of Nigerian jollof rice. Celebrity chef Hilda Effiong Bassey, beaming in her apron, stirred the mammoth pot as cheers rose around …
Nigeria’s headline inflation rate continued its downward trend for the fifth consecutive month, easing to 20.12 per cent in August 2025 from 21.88 per cent recorded in July. This represents a 1.76 percentage point decline, according to the Consumer Price Index (CPI) report released on Monday by the National Bureau of Statistics (NBS). The sustained …
Analysts have argued in the recent past that Nigeria’s food crisis is not just a product of violence; it is the consequence of policy incoherence, poor governance, and institutional fragmentation. In July, militants believed to be members of the Lakurawa group launched a raid on Kwallajiya, Sokoto State, resulting in 15–17 fatalities. This attack highlights …
Nigeria has been classified among three sub-Saharan African countries where borrowing costs for governments and businesses have risen in the last five years due to policy weaknesses, unfavourable market conditions, and inflation. Moody’s Ratings, an international rating firm, hinted at this in its latest study, published on Monday, September 15. It stated that Nigeria, South …
The Federal Competition and Consumer Protection Commission (FCCPC) recovered over N10 billion for consumers after complaints against banks, fintechs, and other sectors. Ondaje Ijagwu, Director of Corporate Affairs, disclosed this on Thursday. The data covers complaints lodged between March and August 2025 via FCCPC complaint platforms. The top ten sectors by complaint volume were: Banking: …
The National Agency for Food and Drug Administration and Control (NAFDAC) has confiscated counterfeit malaria drugs valued at N1.2 billion in Lagos State. According to a statement released on Friday, NAFDAC seized 277 cartons of unregistered Malamal Forte malaria drugs stored in a warehouse in the Ilasa-Oshodi area. The counterfeit drugs were hidden in cartons …
Inspector-General of Police (IGP) Kayode Egbetokun has directed Border Patrol Commanders nationwide to intensify efforts in securing Nigeria’s borders and maritime corridors. Speaking on Friday at a conference with the commanders at Force Headquarters, Abuja, Egbetokun described them as the nation’s first line of defence against external threats and urged proactive measures to prevent cross-border …
Nigeria has rolled out fresh initiatives to curb air pollution and safeguard public health as the nation joined the world in marking the third International Day of Clean Air for Blue Skies in Abuja. Delivering the keynote address, Minister of Environment Balarabe Abbas Lawal described air pollution as the “leading environmental health risk” globally. He …
The National Agency for Science and Engineering Infrastructure (NASENI) and the Nigerians in Diaspora Commission (NiDCOM) have entered into a strategic partnership to tap into the skills and expertise of Nigerians abroad for national development. During a meeting at NiDCOM headquarters in Abuja, NASENI’s Executive Vice Chairman/Chief Executive Officer, Khalil Suleiman Halilu, and NiDCOM’s Chairman/CEO, …
