Food price crisis
23 Oct
Nigerian startup Egoras has launched a charitable initiative to alleviate the rising cost of food affecting households across the country. The company has already distributed over 1,000 bags of its locally produced Ella Parboiled Rice in Abuja and recently expanded distribution to Port Harcourt, with plans to begin in Lagos soon. The initiative, which began…
5 Mar
President of the African Development Bank (AfDB), Dr Akinwumi Adesina, yesterday dismissed monetary tightening as capable of addressing the food price crisis, insisting the only solution is scaling food production.
16 Feb
Nigerians may be in for a longer period of economic sluggishness largely fueled by the headline inflation, which rose by as much 7.48 per cent in the last eight months of President Bola Ahmed Tinubu’s administration.
Latest
5 mins ago
Nigeria's Minister of the Federal Capital Territory (FCT), Nyesom Wike, has revoked the ownership of 762 plots of land in the Maitama 1 District of Abuja, citing non-payment of statutory fees. High-profile figures, including former President Muhammadu Buhari and former Chief Justice Walter Onnoghen, are among those affected. The Federal Capital Territory Administration (FCTA) also…
18 mins ago
PRESENTATION BY HIS EXCELLENCY, PRESIDENT BOLA AHMED TINUBU, GCFR OF THE 2025 BUDGET OF RESTORATION: SECURING PEACE, REBUILDING PROSPERITY TO A JOINT SESSION OF THE NATIONAL ASSEMBLY ON WEDNESDAY 18TH DECEMBER, 2024 PROTOCOLS: — The Vice President, Senator Kashim Shettima — Senate President, Distinguished Senator Godswill Akpabio — Right Honourable Speaker, Tajudeen Abbas — National…
18 mins ago
A court in Toronto, Canada, has rejected the request of a Nigerian politician and a member of the Peoples Democratic Party (PDP), Adams Omozakari Ayonote, seeking asylum, saying ‘his claims were embellished’. The presiding judge, Whyte Nowak, delivered the judgment on November 15, 2024, turning down Ayonote's request, despite the politician claiming that he was…
25 mins ago
Governor Charles Soludo of Anambra State doubts the release of the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, from prison will stop the growing insecurity in the South-east region of Nigeria. Soludo made his doubts known on Tuesday during a press briefing at the Governor’s Lodge in Anambra, despite many Igbo leaders…
41 mins ago
Liverpool moved into the League Cup semi-finals as the holders won 2-1 against managerless Southampton, while Gabriel Jesus ended his goal drought with a hat-trick in Arsenal's 3-2 victory over Crystal Palace on Wednesday Rare goals from Darwin Nunez and Harvey Elliott at St Mary's sent the 10-time League Cup winners into the last four…
1 hour ago
Agidigbo FM, a radio station based in Ibadan, the capital city of Oyo State, has denied claims accusing it of being the organiser of the children's fun fair that resulted in a stampede and claimed multiple lives. On Wednesday, no less than 20 children lost their lives in a stampede that occurred during a children's…
1 hour ago
Mikel Arteta claimed Gabriel Jesus was "back at his best" after the Brazilian fired Arsenal into the League Cup semi-finals with a hat-trick in the 3-2 win against Crystal Palace on Wednesday. Arteta's side suffered an early shock in the quarter-final at the Emirates Stadium when Jean-Philippe Mateta put Palace ahead. But Jesus ensured the…
1 hour ago
Tottenham boss Ange Postecoglou believes the job of a Premier League manager is harder than being Prime Minister, claiming coaches face "an election every weekend and either get voted in or out". The London club have failed to win any silverware since 2008 and sit 10th in the Premier League. Last weekend their 5-0 rout…
2 hours ago
Tragedy struck in Ibadan, the capital of Oyo State, yesterday, as about 20 children were stampeded to death during a children's Christmas party, at the Islamic High School in Bashorun.Many parents were seen wailing and screaming for their children
2 hours ago
Nigeria is planning to deploy renewable energy with a $1.7 billion worth of support from the World Bank, African Development Bank and a new $250 million facility from the International Finance Corporation (IFC).