Airline Operators of Nigeria, AON, on Friday, expressed dismay over the conduct of former Edo State governor, Adams Oshiomhole, at the Murtala Muhammed Airport in Lagos, saying it is unacceptable and another example of the growing trend of unruly passenger behaviour experienced by domestic carriers. Spokesperson for the AON, Professor Obiora Okonkwo, also expressed sadness…
The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December 31, 2025. The CBN, stated this on Wednesday in a report shared with journalists by the Acting Director, Corporate Communications Department of the…
Korede Abdullah in Lagos The National Institute for Hospitality and Tourism (NIHOTOUR) has launched a statewide compliance enforcement operation across Lagos, targeting hotels, restaurants, and tourism-related businesses. The initiative, which commenced earlier this week, is designed to implement the NIHOTOUR Establishment Act 2022, particularly sections mandating the registration and certification of professionals and establishments within…
A report by the National Bureau of Statistics (NBS), has reveals that Nigeria’s total exports stood at ₦20.6 trillion in the first quarter of 2025, reflecting a 7.42% rise compared to ₦19.18 trillion recorded in the corresponding quarter of 2024. The report published on its website on Wednesday stated that total exports in Q1 2025…
Nigeria is grappling with an escalating food crisis as more than 100 million citizens are now food-insecure, according to a new report by SBM Intelligence. The report, released Tuesday, highlights a 35.41% surge in food prices as of January 2024 and paints a grim picture of widespread hunger across the country. “Access to food has…
Korede Abdullah in Lagos Nigeria has been ranked third among Africa’s top 10 manufacturing countries, according to a report by The African Exponent released on Tuesday. The report highlights the country’s growing manufacturing sector, driven by industrial conglomerates like Dangote Group and BUA Group. Nigeria’s manufacturing ambitions are buoyed by a large domestic market and…
Hussaini Kafi in Kano The Kano State Government has inaugurated a high-powered committee to investigate the recent fire that ravaged the GSM Market at Farm Centre, causing losses worth millions of naira. The committee was inaugurated by the Secretary to the State Government, Alhaji Umar Farouk Ibrahim, on behalf of Governor Abba Kabir Yusuf. “We…
The World Bank has revised its global poverty thresholds, raising the international benchmark for extreme poverty from $2.15 to $3 per person per day. The update, driven by shifts in global living costs and improved economic data from low-income countries, underscores a sobering reality: an estimated 808 million people worldwide still live in extreme deprivation….
Milk is fast disappearing from daily diets in many Nigerian homes. Juliet Jacob, explores how rising inflation, shrinking incomes, high import costs, and changing food priorities have forced millions of Nigerians to abandon milk and infant formula. Milk now Luxury Milk, once a basic component of Nigerian household nutrition, is fast becoming a luxury few…
Korede Abdullah in Lagos In a sweeping operation across the Niger Delta, troops of the Nigerian Army’s 6 Division have arrested 43 suspected oil thieves and uncovered 27 illegal bunkering sites, recovering more than 161,000 litres of stolen petroleum products. This was contained in a statement signed by Acting Deputy Director of Army Public Relations,…
