West Africa food economy to reach $480bn by 2030 -UN

The UN Resident and Humanitarian Coordinator in Nigeria, Matthias Schmale, says the food economy in the West Africa and Sahel sub-region is projected to reach 480 billion dollars in 2030.…

Letting Fuel Crisis Persist Is Grossly Insensitive And Dangerous – HURIWA Tells Federal Government

“The fact that president Muhammadu Buhari is the substantive minister of petroleum resources makes it pathetic, insensitive and dangerous that he has permitted the unwarranted mass hysteria, pains and suffering…

BREAKING: Oil price hits $100 per barrel as Russia attacks Ukraine

Crude oil (Brent) price has risen to $100 per barrel while Nigeria’s Bonny Light hovers around $96.93 per barrel on Thursday just as Russia attacked Ukraine in a predicted war.…

Adamawa Govt plans to block sale of cows to Lagos, others

The Secretary to the Adamawa State Government, Bashir Ahmad has disclosed plans by the State Government to stop sale and/or haulage of cattle by middlemen to some states, including Lagos.…

Nigeria’s inflation inches up to 15.63%

Nigeria’s headline inflation snapped an eight-month decline in December 2021, as it rose to 15.63 per cent, a report by the National Bureau of Statistics reveals. This is an increase…

NLC Rejects FG’s Proposed Fuel Price Hike

The Nigeria Labour Congress (NLC) has rejected the planned petroleum price increase by the Federal Government. NLC President, Comrade Ayuba Wabba, made the call in a statement he issued to…

Agreeing With IMF to Hike Costs of Fuel Shows We Are Re-Colonised Under Buhari

Warns About Rise in Sophisticated Crimes Leading Rights Advocacy Platform-: HUMAN RIGHTS WRITERS ASSOCIATION OF NIGERIA (HURIWA) says the decision of President Muhammadu Buhari to hearken to the recommendation for…

Petrol May Rise To N340 Per Litre In 2022 – NNPC

The Nigerian National petroleum company ( NNPC ) on Tuesday hinted that a litre of petrol may sell between 320 and 350 in 2022. This it said was because the…

Petrol may cost N340/litre after subsidy removal in 2022 — Kyari

Malam Mele Kyari, Group Managing Director and Chief Executive Officer of Nigerian National Petroleum Company Limited, has said that subsidy would have been eliminated in 2020 but certain factors prevented…

External reserves resume decline, lose $410m in 17 days

After rising by a record $5.05bn last month, Nigeria’s external reserves dropped by $410m in the past 17 weeks, the latest data from the Central Bank of Nigeria have shown.…