In its latest Nigeria Development Update (NDU), the World Bank has recommended that the Nigerian government lift restrictions on food and fertilizer imports and align its tariffs with the Economic Community of West African States (ECOWAS) Common External Tariff (CET). The global financial institution applauded Nigeria’s recent reforms in the energy and foreign exchange sectors…
In a bold step to address the alarming rise in non-communicable diseases (NCDs) such as hypertension and diabetes, the Nigeria Health Commissioners Forum (NHCF) has unveiled Project 10 Million – Know Your Number, Control Your Number. The nationwide campaign, led by the Ministry of Health and Social Welfare, seeks to equip Nigerians with essential health…
In a major boost to Nigeria’s technology and small business sectors, the Nigerian government has secured approximately $119 million in investments aimed at driving digital innovation and supporting Micro, Small, and Medium Enterprises (MSMEs). The investments come from Gluwa, a digital wallet service provider, and Ericsson, a global telecommunications giant, following strategic efforts to attract…
Food prices in Nigeria have soared to alarming levels, with Sokoto State experiencing the sharpest increase, a staggering 50.5%, according to the latest data from the National Bureau of Statistics (NBS). The report reveals that Gombe and Yobe also recorded significant food price hikes, at 44.1% and 43.5%, respectively, pointing to a nationwide inflation crisis….
In a proactive move to address the escalating flood crisis in Kogi State, the National Emergency Management Agency (NEMA) has mobilized an emergency response team to enhance local rescue and evacuation efforts. This initiative comes as floodwaters continue to rise in several communities, threatening the safety of residents. NEMA’s statement, released on its official X…
In a stark revelation, the World Bank has cautioned that the goal of eliminating extreme poverty by 2030 is no longer attainable, with an estimated 622 million people expected to survive on less than $2.15 a day by the decade’s conclusion. The recent report titled “Poverty, Prosperity, and Planet,” published on Tuesday, highlights how slow…
The National Bureau of Statistics (NBS) has revealed that customer numbers for electricity distribution companies (DISCOs) grew by 5.35% in the second quarter of 2024, reaching 12.99 million, up from 12.33 million in the first quarter of the year. On a year-on-year basis, this reflects a 13.24% increase from the 11.47 million recorded in the…
The National Agency for Food and Drug Administration and Control (NAFDAC) has taken a major step to strengthen its regulatory operations by unveiling 73 new operational vehicles, as part of a broader effort to enhance staff welfare and boost efficiency in combating counterfeit products. The initiative, led by the agency’s Director General, Prof. Mojisola Adeyeye,…
A groundbreaking HIV prevention method is on the horizon as new studies reveal the high efficacy of a six-month injectable treatment. The antiretroviral drug, lenacapavir, has been hailed as a major advancement, offering extended protection with just two doses per year, according to pivotal studies released by the International AIDS Society on Monday. The results…
In an aggressive push against transnational drug cartels, the National Drug Law Enforcement Agency (NDLEA) has ramped up interdiction operations, leading to significant arrests and seizures at multiple entry points across Nigeria. Among the most notable busts was the arrest of Oguejiofor Nnaemeka Simon Peter, a 29-year-old Thailand returnee, at the Murtala Muhammed International Airport…
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