The National Bureau of Statistics (NBS) has announced a decline in Nigeria’s inflation rate, revealing that the headline inflation dropped from 24.48% in January 2025 to 23.18% in February 2025. The latest Consumer Price Index (CPI) report, published on Monday, highlights a 1.30% decrease in inflation compared to the previous month. This marks a positive
Former Minister of Petroleum, Diezani Alison-Madueke, has asked the Federal High Court in Abuja to order the Economic and Financial Crimes Commission (EFCC) to recover her seized assets from their buyers. In an amended application filed through her lawyer, Chief Mike Ozekhome (SAN), before Justice Inyang Ekwo, Alison-Madueke specifically requested that the EFCC retrieve the
In a significant move to support struggling Nigerians, the House of Representatives has announced a donation of N705 million to the Federal Government, aimed at providing relief to vulnerable citizens amid current economic challenges. The donation was formally disclosed by Speaker Tajudeen Abbas on Monday night during an Iftar dinner hosted by President Bola Ahmed
Delta State Governor, Sheriff Oborevwori, has urged real estate firms in the state to lower rental costs to ease the financial burden on tenants. Speaking on Monday at the 13th anniversary and annual convention of Property World Africa Network (PWAN) Marketing Company in Asaba, the state capital, the governor—represented by his Chief of Staff, Mr.
The Nigeria Labour Congress (NLC) has strongly criticized former President Olusegun Obasanjo for his claim that labour leaders betrayed Nigerian workers by accepting the N70,000 minimum wage proposed by President Bola Tinubu’s administration. In a statement titled “Under Saint Matthew of Owu,” NLC President Joe Ajaero dismissed Obasanjo’s remarks as unfair, arguing that the negotiation
The Leader of the Senate, Senator Opeyemi Bamidele, has highlighted the challenges faced by President Bola Tinubu in his first 18 months in office, particularly regarding the removal of the fuel subsidy. Bamidele, who represents Ekiti Central in the Senate, stated that the key beneficiaries of the subsidy—members of a powerful cabal—were responsible for making
In a significant move to support struggling Nigerians, the House of Representatives has announced a donation of N705 million to the Federal Government, aimed at providing relief to vulnerable citizens amid current economic challenges. The donation was formally disclosed by Speaker Tajudeen Abbas on Monday night during an Iftar dinner hosted by President Bola Ahmed
President Bola Tinubu has appointed the Catholic Bishop of Sokoto Diocese, Matthew Kukah, as the Pro-Chancellor and Chairman of the Governing Council of the Federal University of Applied Sciences, Kachia, Kaduna State. The announcement was made on Monday through a statement by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, titled ‘President Tinubu Appoints
Benue State Governor, Hyacinth Alia, has denied any involvement in the recent protest against the state’s Chief Judge, Justice Maurice Ikpembese, following the relocation of the Benue Local Government Election Petitions Tribunal from Benue to Abuja. On Monday, hundreds of demonstrators from Benue staged a peaceful march in Abuja, moving from the National Assembly to
The Rivers State Government has urged the State House of Assembly to reconsider its stance on the ongoing political crisis, emphasizing the need for peace and stability in the state. At a press conference in Port Harcourt, the Commissioner for Information and Communications, Joe Johnson, appealed to lawmakers to prioritize the welfare of the people
