Nigeria Records N940bn Export Decline Amid U.S. Tariff Shift, Trade Balance Reverses.

Nigeria’s trade balance with the United States swung sharply into deficit in the first nine months of 2025, as exports fell by nearly N941 billion and imports more than doubled, according to foreign trade data from the National Bureau of Statistics (NBS).   The figures reveal a dramatic reversal from the same period in 2024,…

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Ten Unlicensed Traditional Medicine Practitioners Arrested, Prosecuted in Cross River State.

In a decisive enforcement action, at least ten unlicensed traditional medicine practitioners have been arrested and charged in court in Cross River State following a formal petition by the Nigerian Medical Association (NMA), Cross River State branch.   The arrests stemmed from a campaign by a group organizing traditional medicine trade fairs at the Calabar…

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Alleged Unauthorized Alterations to New Tax Laws Spark Demands for Investigation

The recent enactment of Nigeria’s new tax reform laws has ignited a controversy, with allegations of unauthorized alterations prompting calls for an official investigation from civil society and regional groups. The Socio-Economic Rights and Accountability Project (SERAP) and the Arewa Youth Assembly are leading demands for transparency and accountability.   The suite of laws, signed…

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Final Batch of 130 Niger State Students Freed, Ending Mass Kidnapping Ordeal.

The remaining 130 students abducted from St. Mary’s Catholic Primary and Secondary School in Papiri, Niger State, have been released, bringing a definitive end to one of Nigeria’s largest recent mass kidnappings.   The Special Adviser to the President on Media and Communication, Mr. Sunday Dare, confirmed the development in a post on his official…

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Gold Surges to Unprecedented Peak Amid Mounting Bets on Federal Reserve Rate Cuts

Gold prices soared to a historic high on Monday, driven by growing market confidence that the U.S. Federal Reserve will extend its rate-cutting cycle into the coming year. In early trading, the spot price of gold reached an all-time peak of  $4,383.76 per ounce, surpassing its previous record of $4,381.52 set in October.   The…

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World’s Largest Nuclear Plant Moves Closer to Restart After Japan’s Assembly Vote.

A regional assembly in Japan on Monday backed the restart of the world’s largest nuclear power station—a landmark decision that brings the Kashiwazaki-Kariwa facility a step closer to generating electricity for the first time since the 2011 Fukushima disaster.   The Niigata prefectural assembly approved a supplementary resolution endorsing Governor Hideyo Hanazumi’s earlier decision to…

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FG Unveils National Intellectual Property Policy to Boost Innovation, Economic Growth

The Federal Government has officially unveiled Nigeria’s National Intellectual Property Policy and Strategy (NIPPS), a sweeping framework aimed at converting the country’s creative and innovative output into sustainable economic value and global competitiveness. The policy, approved by the Federal Executive Council (FEC) on November 6, 2025, represents a major shift in Nigeria’s approach to intellectual…

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Dangote Refinery Begins Nationwide PMS Sales at ₦739 Per Litre via MRS Stations

Dangote Petroleum Refinery has commenced nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre across all MRS Oil Nigeria Plc filling stations, in a move expected to ease fuel costs and stabilise Nigeria’s downstream petroleum market. The refinery announced the development in a statement issued on Sunday, describing the…

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ASUU Awards ₦6.2m Scholarship to 31 Indigent OOU Students

The Academic Staff Union of Universities (ASUU), Olabisi Onabanjo University (OOU) chapter, has awarded scholarships totaling ₦6.2 million to 31 indigent students of the institution, as part of efforts to ease financial hardship and promote access to higher education. The Chairperson of ASUU-OOU, Dr Ganiyu Yinusa, disclosed this in a statement issued on Sunday, describing…

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Northern Youths Reject Tinubu’s Tax Laws, Allege Post-Passage Alterations

A coalition of northern youths under the banner of the Arewa Youth Assembly (AYA) has rejected the recently enacted tax reform laws signed by President Bola Tinubu, alleging that the version gazetted and released to the public differs materially from what was debated and passed by the National Assembly. The group described the development as…

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