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Cross River Confirms New COVID-19 Case, Activates Emergency Response

KEY POINTS Cross River recorded its first recent case of COVID-19 involving a foreign worker. The patient is stable, while authorities have activated emergency response and contact tracing. Residents are urged to follow health guidelines to prevent further spread. The Cross River State Ministry of...
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Abure Rejects Appeal Court Ruling, Heads to Supreme Court Over Labour Party Leadership Crisis

KEY POINTS The Court of Appeal upheld a ruling recognising Nenadi Usman as Labour Party chair and dismissed Julius Abure’s appeal. Abure rejected the judgement, insisting his tenure remains valid and calling the caretaker committee He has vowed to take the case to the...

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Nigeria’s Inflation Surges to 24.23% as Food Prices Bite Harder

KEY POINTS Nigeria's inflation accelerates to 24.23% in March, with food prices rising 21.79%...
Business

Nigerian Investors Lose Over N1.3 Trillion as Digital Trading Platform CBEX Collapses

KEY POINTS CBEX, a digital trading platform, collapsed after allegedly defrauding Nigerian investors of...
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FAAC Allocates N1.6 trillion to FG, States, LGs

FAAC allocates N1.578 trillion to the Federal Government, States, and Local Government Councils, based on the revenue for March 2025.
Business

Businessman Sentenced, Wristwatch Forfeited For Refusing Naira

Uzondu Chimaobi sentenced to four years in prison for refusing to accept Naira as payment, violating Nigerian law on legal tender.
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Guinea Invites Nigerian Businesses to Invest in $20bn Projects

Guinea invites Nigerian businesses to invest in $20bn mega projects, focusing on mining and infrastructure, to strengthen bilateral ties and economic collaboration.
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FG Forms Panel to Assess Economic Impact of US Tariffs

The Nigerian government establishes a subcommittee to evaluate the economic effects of US tariffs, particularly concerning oil prices and foreign investment.
Business

Nigeria’s Crude Oil Production Drops to Record Low

KEY POINTS Nigeria's crude oil production dropped to 1.603 million barrels per day in...
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Dangote Refinery Cuts Petrol Price to ₦865

KEY POINTS Dangote Refinery reduced petrol prices to ₦865 per litre, citing improved supply...
Business

FG, AfDB Launch Special Agro-Industrial Zones Plan in Cross River

FG and AfDB launch SAPZ in Cross River, aiming to transform agriculture and create jobs while ensuring food security across Nigeria
Business

Nigeria Partners with Chinese Firm on $328 Million Deal to Strengthen National Power Transmission Grid

KEY POINTS The Nigerian federal government has signed a $328.81 million contract with China...
Business

WTO Chief Warns US-China tariff War Could Slash Trade

WTO chief Okonjo-Iweala warns that the US-China tariff war could reduce trade by 80%, posing a significant threat to the global economy and global GDP.
Business

Adesina Applauds Kaduna’s Launch of Agro-Industrial Zone

Akinwumi Adesina celebrates Kaduna's launch of Nigeria's first agro-industrial zone, a step toward transforming agriculture and boosting local economy
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Cross River Confirms New COVID-19 Case, Activates Emergency Response

KEY POINTS Cross River recorded its first recent case of COVID-19 involving a foreign...
News

Abure Rejects Appeal Court Ruling, Heads to Supreme Court Over Labour Party Leadership Crisis

KEY POINTS The Court of Appeal upheld a ruling recognising Nenadi Usman as Labour...
News

NAF Airstrikes Hit Sambisa Strongholds, Kill Terrorists and Destroy Key Bases

KEY POINTS Nigerian Air Force carried out precision airstrikes in Sambisa Forest, killing several...
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DSS Raises Alarm Over Planned Kidnap Attacks on Farmers in Kwara

KEY POINTS DSS warns of a planned increase in farmer kidnappings in parts of...