Korede Abdullah in Lagos Nigeria’s Central Bank (CBN) has imposed a ₦150 million fine on deposit money banks and financial institutions caught selling newly minted banknotes to currency hawkers. The details of the fine, contained in a Friday circular, come as Nigeria grapples with a prolonged cash shortage that has left customers struggling to access…
Yobe State Governor, Mai Mala Buni, has approved the establishment of a new Ministry of Livestock Development. This strategic move aims to bolster the state’s agricultural sector and enhance livestock production. A statement from the Governor’s office revealed that the Secretary to the State Government, Head of Service, and Commissioner for Agriculture have been tasked…
The United Nations World Food Program (WFP) has received $118 million from the United States, through USAID’s Bureau for Humanitarian Assistance, to provide life-saving assistance to over 1 million displaced people in Eastern and Central Africa. The funding comes as the number of displaced people in the region has doubled over the past four years,…
Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a suspected online fraudster, Osang Usie Otukpa, for allegedly duping 139 Australians to the tune of $AUD8,000,000 (Eight Million Australian Dollars). He was picked up in a stake out at the Murtala Mohammed International Airport, Ikeja, Lagos upon arrival from the United States of…
The Joint Action Committee (JAC) of Academic and Non-Academic Staff of state-owned tertiary institutions in Bauchi State has announced a two-week warning strike, set to commence on Monday, December 17th, 2024. The decision was reached after an emergency meeting held at the NUJ Press Center on Thursday, December 12th. This follows an earlier 21-day ultimatum…
Nigeria’s maize importation has witnessed a dramatic decline over the past decade, dropping from $154.24 million in 2017 to just $1.1 million in 2023, according to data sourced from Trademap and analyzed by African Health Reports (AHR). In 2014, the country imported maize worth $58.11 million. This figure dropped significantly to $19.55 million in 2015….
Nigeria’s government spent a staggering ₦7.68 trillion on the importation of armored fighting vehicles and tanks in 2023, amidst escalating insecurity. At an exchange rate of $1 to ₦899.393, this translates to approximately $8.54 billion. According to data from Statisense shared with Africa Health Report (AHR) on Friday, the massive spending far exceeds the allocations…
Is it low key Christmas? The signs appear to indicate low mood feeling around the country. Ordinarily, this time in December the Christmas festivities is felt as preparations towards celebrations are upbeat. It is an annual sparkle and, naturally light up the atmosphere. The 2024 celebrations may be special for different reasons. Umar Dalhat Muaz…
The Knights of Saint Mulumba Nigeria (KSM) has strongly condemned the introduction of sex education in some Nigerian secondary schools, while also cautioning the federal government against further external borrowing, citing the country’s rising debt levels. This was expressed in a communique issued at the conclusion of its 45th Annual Supreme Council Convention held in…
Korede Abdullah in Lagos The Human Rights Writers Association of Nigeria (HURIWA) has strongly criticized a recent court order directing the seizure of Dele Farotimi’s book, “Nigeria and its Criminal Justice System”. HURIWA in a statement on Thursday, described the order as a stark example of anti-intellectualism and a setback for democratic ideals, likening it…
