August 20, 2025

Blog

Business

Nigeria Engages World Bank to Tackle Costly Fish Importation, Boost Local Production

Abuja, July 18, 2025 —The Federal Government of Nigeria has commenced high-level discussions with the World Bank to secure financing aimed at bolstering local fish farming as part of efforts to curb Nigeria’s heavy reliance on imported fish. The move comes amid mounting concerns over the nation’s annual fish import bill, which experts say has

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General

NIMASA Shuts ShellPlux, TMDK Depots Over Security Breaches in Ijegun-Egba

Ijegun-Egba, Lagos — July 18, 2025The Nigerian Maritime Administration and Safety Agency (NIMASA) has sealed off ShellPlux and TMDK Terminals, two major petroleum products depots located in the Ijegun-Egba area of Lagos, citing serious violations of maritime and national security regulations. According to a statement released by NIMASA, the decision followed a comprehensive audit and

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Health World

LASEPA Boss Calls for Stronger Regional Alliance to Combat Air Pollution in African Cities

Nairobi, Kenya, July 18, 2025 — The General Manager of the Lagos State Environmental Protection Agency (LASEPA), Dr. Babatunde Ajayi, has called for deeper regional collaboration and innovation to address air pollution challenges confronting urban centers across Africa. Speaking at the closing ceremony of the Clean Air Forum 2025 in Nairobi, themed “Partnership for Clean

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General Humanitarian

Benue Government Decries Dire Living Conditions of IDPs in Naka, Gwer West

The Benue State Government has expressed deep concern over the worsening humanitarian situation of Internally Displaced Persons (IDPs) currently taking refuge in Naka, headquarters of Gwer West Local Government Area. Officials lamented the deplorable state of the camp, noting that the displaced persons are grappling with acute shortages of basic necessities, particularly clean water and

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General NAFDAC

Jigawa Government Moves to Establish Mini Drug Production Plant to Boost Access to Essential Medicines

In a strategic effort to enhance access to affordable and quality healthcare, the Jigawa State Government has announced plans to set up a small-scale pharmaceutical manufacturing facility within the state. The initiative is aimed at reducing reliance on external drug suppliers and strengthening the state’s healthcare delivery system. The proposed plant, according to government sources,

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General

FG Ranks Governor Ododo Highest in Mining Regulation Compliance

Abuja, July 18, 2025 — The Federal Government has ranked Governor Ahmed Usman Ododo of Kogi State as the most compliant state executive in Nigeria’s solid minerals sector, in a recognition of his administration’s strict adherence to mining regulations and proactive reforms. The commendation was delivered by the Minister of Solid Minerals Development, Dr. Dele

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Business Finance

Historic Market Deal Resolves Prolonged Leadership Tussle at Nigeria’s Oldest Bank

Lagos, July 18, 2025 — A landmark transaction on the Nigerian capital market has brought an end to the prolonged leadership tussle at Nigeria’s oldest financial institution, signaling a new era of stability for the iconic bank. The resolution followed the acquisition of a significant equity stake by a consortium of domestic investors, who brokered

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Business Finance Inflation

Declining Inflation Opens Door for Measured Easing of Monetary Policy

Abuja, July 18, 2025 — Nigeria’s recent decline in inflation has created room for the Central Bank of Nigeria (CBN) to consider a more cautious approach to monetary policy easing, analysts have observed. The National Bureau of Statistics (NBS) on Wednesday reported that headline inflation dropped to 22.22% in June 2025, marking a second consecutive

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Business Refinery

Dangote Refinery Halts Fuel Discount Programme Over Alleged Diversion, Assures System Overhaul

The management of Dangote Petroleum Refinery and Petrochemicals has announced the immediate suspension of its discounted fuel pricing scheme following revelations of widespread abuse and diversion of products by some affiliated marketers and strategic partners. In an internal investigation carried out by the refinery, it was discovered that several marketers who were granted access to

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General Protest

Tension Rises in Osun as Youths Threaten Mass Protest Over Alleged Diversion of Red Cross Funds

There is growing discontent among youths in Osun State following allegations of financial mismanagement and the prolonged withholding of operational funds meant for the Nigerian Red Cross Society in the state. The Osun Youths Vanguard, a coalition of young volunteers and humanitarian activists, has issued a stern warning to both the national and state leadership

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