Korede Abdullah in Lagos The Federal Government of Nigeria has announced that fuel tankers exceeding 60,000 litres will no longer be allowed on the country’s roads, with the ban set to take effect from March 1, 2025. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed that, by the fourth quarter of 2025, the…
Korede Abdullah in Lagos The Nigeria National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) have donated medical equipment to the Benjamin Olowojebutu Foundation (BOF) to support healthcare outreach in underserved communities across Nigeria’s South-West, North-Central, and South-South regions. This initiative will enable BOF to conduct nearly 5,000 fibroid and…
Fire outbreaks have become a terrifyingly frequent crisis in Nigeria’s booming cities of Lagos, Abuja, and Port Harcourt. Yet, the nation’s firefighters, who should be its first line of defence, are woefully underfunded and equipped with outdated tools. As urbanisation accelerates and industrial expansion intensifies, this overlooked issue has become a life-threatening gap in the…
Hussaini Kafi in Kano The Katsina State Government has distributed 40,000 goats worth N5.7 billion to 3,610 women across the state as part of efforts to enhance their economic status. Governor Dikko Umar Radda, while flagging off the distribution at Dan’Nakola village, said the initiative aims to economically empower women, particularly those engaged in livestock…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has advocated for stronger economic ties with the Middle East, emphasising opportunities for collaboration in infrastructure, tourism, and financial sector development. Cardoso made the call on Monday at the inaugural Conference on Emerging Markets Economies in Saudi Arabia where he met with the Assistant…
In a surprising turn of events, the naira appreciates significantly against the dollar, gaining N105 in the black market over the past month. As of Monday, the dollar trades at N1,560, a notable decrease from N1,665 at the start of the month. “The market has been calm, demand has reduced, and there are more dollars…
Nigeria has officially welcomed its first direct container-RoRo (Roll-on, Roll-off) vessel from China, marking a milestone in international maritime trade. The MV Great Cotonou, owned by global shipping giant Grimaldi Group, made its debut at PTML Terminal, offering a faster and more efficient shipping solution for Nigerian importers. The service, launched on Monday, drastically reduces…
Korede Abdullah in Lagos The National Agency for Food and Drug Administration and Control (NAFDAC) has made a significant move in its efforts to sanitize the country’s drug distribution system. In the first week of its enforcement operations, the agency sealed over 3,000 shops within the Idumota Open Drug Market in Lagos. In a statement…
In a landmark development for Nigeria’s digital transformation, the country has been selected to host the 2025 International Conference on Theory and Practice of Electronic Governance (ICEGOV). The announcement, made by the United Nations University Operating Unit on Policy-Driven Electronic Governance (UNU-EGOV), places Nigeria at the heart of global discussions on e-Governance, digital public infrastructure,…
The Lekki Free Zone in Lagos, Nigeria, is emerging as a pivotal economic hub, poised to revolutionize Nigeria’s economy. In this report, Africa Health Report Southwest correspondent, Korede Abdullah delves into the zone’s vast potential as a transformative business hub. Better Days Ahead Nigeria’s economy has been grappling with longstanding challenges, including a heavy…
