World Bank Cautions Nigeria over Worsening Poverty by 2027, Urges Fiscal Policies Reform

The World Bank has sounded the alarm over Nigeria’s worsening poverty outlook, warning that structural weaknesses in governance and public finance could derail efforts to improve living standards. In its latest Africa’s Pulse report, released during the ongoing Spring Meetings of the International Monetary Fund (IMF) and the World Bank in Washington, D.C., the institution…

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Kano Gov Signs Laws Establishing 4 New Agencies

Hussaini Kafi in Kano Kano State Governor, Alhaji Abba Kabir Yusuf, has signed into law four landmark bills that establish new agencies designed to strengthen institutional frameworks and accelerate sustainable development across the state. The announcement was made in a statement issued on Thursday by the Governor’s spokesperson, Sunusi Bature Dawakin Tofa. The newly signed…

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GSK Recalls Zovirax IV Infusion over Glass-Like Particles, NAFDAC Warns Public

The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a public alert regarding the voluntary recall of a batch of Zovirax IV Infusion 250mg by pharmaceutical giant GlaxoSmithKline (GSK) Limited due to potential quality defects. In a statement titled Public Alert No. 09/2025, NAFDAC said the recall was initiated after the…

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Court Orders Arrest of CBEX Promoters in $1bn Scam

Korede Abdullah in Lagos The Federal High Court in Abuja has ordered the arrest and remand of six promoters linked to the fraudulent cryptocurrency investment scheme known as “CBEX,” which allegedly scammed Nigerian investors out of approximately $1 billion. Justice Emeka Nwite issued this directive on Thursday, following an ex-parte motion presented by the Economic…

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“FCTA Shuts Down Myra Event Centre, Urges Collective Action against Noise Pollution”

The Federal Capital Territory Administration (FCTA) has closed Myra Event Centre in the Guzape District of Abuja due to ongoing noise pollution and other infractions. The closure was announced on Thursday by the Coordinator of the Abuja Metropolitan Management Council (AMMC), Mr. Felix Obuah, who stated that the action aligns with the administration’s broader environmental…

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Epileptic Electricity: NLC Slams Power Minister over Adequate Light Claim

The Nigeria Labour Congress (NLC) has declared that Nigerians need “light, not lies,” as it condemned the recent claim by Minister of Power, Adebayo Adelabu, that 150 million Nigerians now enjoy adequate electricity with just 5,500 megawatts. According to a statement released on Wednesday by NLC President, Comrade Joe Ajaero, the union described the minister’s…

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NEMA, NCC Deepen Collaboration to Boost Emergency Communication

The National Emergency Management Agency (NEMA) and the Nigerian Communications Commission (NCC) have reaffirmed their commitment to improving disaster response through enhanced emergency communication systems. According to a statement released on  Tuesday on NEMA’s official X (formerly Twitter) account, the agency’s Director General, Mrs. Zubaida Umar, paid a courtesy visit to the Executive Vice Chairman…

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Cost of Cooking Jollof Rice Soars Amid Deepening Food Insecurity in Nigeria – Report

A new report by SBM Intelligence has revealed that the rising cost of preparing a basic pot of jollof rice is highlighting the intensifying food insecurity crisis gripping West and Central Africa, with Nigeria emerging as a key flashpoint. According to the report, over 40 million people across the region struggled to access food during…

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Nigeria Customs Surpasses Q1 Revenue Target with N1.75trn, Seizes Smuggled Goods Worth N7.7bn — Adeniyi

The Nigeria Customs Service (NCS) says it has collected over ₦1.75 trillion in revenue in the first quarter of 2025—exceeding its quarterly target by more than ₦106 billion and marking a nearly 30% year-on-year increase. This was disclosed on Monday by the Comptroller-General of Customs, Bashir Adewale Adeniyi, during a press briefing at the Service’s…

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