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The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has warned that Nigeria’s current economic trajectory is failing the poor. Speaking virtually at the Nigeria Business Summit 2026 in Lagos, Edun noted that while average yearly GDP growth has climbed from 2% to 4%, the uptick remains too shallow to lift millions…
Nigerian households face a fresh economic squeeze as the price of Liquefied Petroleum Gas (LPG) jumped 14.3% this month. A kilogramme of cooking gas now retails for N1,500 in many locations, up from N1,300 just weeks ago. This retail spike mirrors a sharp rise in the wholesale market, where the ex-depot price for 20 metric…
A sudden electrical spark forced the temporary closure of Terminal 3 at Murtala Muhammed International Airport on Tuesday. The incident occurred at approximately 2:05 pm, triggering smoke within an operational office and sparking panic among travellers. Emergency responders from the Aerodrome Rescue and Firefighting Services moved quickly to contain the situation before it could escalate…
Africa loses $88 billion to illicit financial flows every year. Wale Edun, Nigeria’s Finance Minister, laid out this grim arithmetic at an African Union tax summit in Abuja. These vanished billions represent a direct theft from the continent’s schools, hospitals, and power grids. The minister argues that Africa can no longer beg or borrow its…
The Nigerian Ports Authority (NPA) has launched a multi-billion-naira rehabilitation of the Onne, Warri, and Calabar ports to decentralise maritime traffic. Abubakar Dantsoho, Managing Director of the NPA, confirmed the investment during the Enugu International Trade Fair. The agency aims to drive cargo to the eastern flank and ease the chronic congestion seen in Lagos….
Tertiary education in Nigeria remains a high-risk environment for women. A new national survey has revealed that 70% of female students and 30% of male students have suffered at least one form of gender-based violence (GBV) on campus. These figures emerged from the National Campus Climate Baseline Survey, conducted across 12 universities spanning all six…
Healthcare professionals under the banner of the Joint Health Sector Unions (JOHESU) and the Assembly of Healthcare Professional Associations have converged on the National Assembly today, Thursday, March 26. The national protest aims to halt the “Health Sector Executive Bills 2026,” a legislative package unions claim threatens the professional autonomy and welfare of non-physician health…
Nigeria recorded a historic 440,000 tuberculosis (TB) cases in 2025, a massive leap from the 138,591 cases reported just five years ago. Speaking in Abuja to mark World TB Day 2026, the Minister of State for Health and Social Welfare, Iziaq Salako, attributed this surge not to an outbreak, but to a radical expansion of…
The Naira weakened by 2.48 percent in early Tuesday trading as corporate demand for the US Dollar intensified. Opening rates at the Nigerian Foreign Exchange Market averaged ₦1,388.38, a sharp drop from the previous week’s close of ₦1,353.90. This sudden volatility tested the Central Bank of Nigeria’s new electronic matching system. Intraday rates even touched…
Great Britain achieved its most successful World Athletics Indoor Championships in history following a clinical 28-minute golden blitz in Torun. The three-medal rush on Sunday evening brought the team’s gold tally to four, surpassing the previous record of three set in 1999. Georgia Hunter Bell, Molly Caudery, and Keely Hodgkinson each secured world titles to…
