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    By Okeoghene Akubuike Abuja, Nov. 24, 2022 The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 2.25 per cent in the third quarter of 2022 on a year-on-year basis. The NBS said this in its Nigerian Gross Domestic Product Report Q3 2022 released in Abuja on Thursday. According to the report, the growth rate...

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    Foreign Policy Nigeria

    HEALTH

    COMMODITIES

    Katsina residents groan over hike in prices of grains

    Some residents of Katsina State, have expressed concern over the sudden increase in the prices of grains, sparking panic buying by some dealers. An investigation...

    Cotton exporter Benin developing home-grown textile industry

    GLO-DJIGBE, Benin, Oct 24 (Reuters) - On a large factory floor in southwestern Benin, dozens of young people cut, stitch and assemble cotton shirts...

    Tiny parasite withers West Africa’s cotton harvest outlook

    DAKAR, Oct 14 (Reuters) - A tiny green grasshopper-shaped parasite has infested cotton crops across West Africa and slashed output forecasts for the 2022/23...

    Nigerian Scientist advocates cotton production boosting technology

    By Sylvester Thompson Abuja, Oct.11, 2022 Dr Rose Gidado, Country Coordinator of Open Forum on Agricultural Biotechnology (OFAB), said cotton hybrids incorporated with the BGII...

    Nigeria, Cameroon request to join Ivory-Ghana cocoa initiative

    Cameroon and Nigeria requested to join the Cote d’Ivoire-Ghana Cocoa Initiative (CIGCI), a joint body spearheading the interests of the two countries in the...
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    MARKETS & INVESTING

    Everything you need to know about the re-reboot of your favourite childhood flick.

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    ARTS & CULTURE

    COMPANIES & FINANCE
    Latest

    Appeal Court reserves judgment in N700m property taken over by Access Bank

    By Suleiman Shehu Ibadan, Nov. 30, 2022 The Court of Appeal in Ibadan has reserved judgment in an appeal filed by Mr Joel Chuks...

    African Alliance Insurance appoints Ogwemoh new board chairman

    By Rukayat Adeyemi Lagos, Nov. 28, 2022 The Management of African Alliance Insurance Plc., on Monday announced the appointment of Mr Sylva Ogwemoh as...

    Prestige Assurance gets shareholders’ nod to cancel unissued shares

    Underwriting firm, Prestige Assurance Plc, has secured the approval of its shareholders to cancel issued shares of the company amounting toN6,747,438,112. This is in compliance...

    LAW & JUSTICE

    INVESTIGATIONS

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    NaijaBrand Press

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    Sahara Group, UNILAG collaborate on sustainability, global competitiveness

    Leading energy and infrastructure conglomerate, Sahara Group has announced...

    GTCO posts N169.7bn profit before tax for Q3

    By Olawunmi Ashaf Lagos, Lagos, Oct. 26, 2022 ...

    FSD Africa Announces New Board Member, Arunma Oteh

    Nairobi, 24 October, 2022 – FSD Africa has announced...

    *Igbobi College Partners Kreateng To Tackle Unemployment*

    Igbobi College Old Boys Association’s quest to tackle the...
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    The Nigerian Economy

    Nigeria’s Bulk Electricity Trading Company targets 5, 500MW in 2023

    By Constance Athekame Lagos, Nov. 30, 2023 The Nigerian Bulk Electricity Trading PLC says it plans to increase power supply to 5,...

    Bauchi governor approves implementation of N30,000 minimum wage

    By Olaide Ayinde Bauchi, Nov. 30, 2022 Gov. Bala Mohammed of Bauchi has approved the payment of N30,000 minimum wage...

    Bello presents N172bn budget to Kogi assembly

    By Thompson Yamput Lokoja, Nov. 30, 2022 Gov. Yahaya...

    Kwara State Govt. presents 189bn 2023 budget to house

    By Bushrah Yusuf-Badmus Ilorin, Nov. 30, 2022 Gov. AbdulRahman...

    Subsidy: Experts advocates gradual removal to curb economic effects

    By Cecilia Ijuo Abuja, Nov. 30, 2022 Mr Eze Onyekpere,...

    CBN not introducing N5000 note

    By Lydia Ngwakwe Port Harcourt, Nov. 29, 2022 The Central...

    DMBs’ Consumer Loans Up 31% to N2.55trn on Rising Inflation

    By Kayode Tokede On the back of rising inflation rate...

    State of The Nigerian Consumer

    Nigerian consumers Lament as Food prices continue to rise in October – NBS

    By Okeoghene Akubuike Abuja, Nov. 30, 2022 The National Bureau of Statistics (NBS), said that prices of selected food items increased...

    Average price of kerosene hit N1, 041.05 per litre in October – NBS

    By Okeoghene Akubuike Abuja, Nov. 30, 2022 The National Bureau of Statistics (NBS), says the average retail price of Household Kerosene (HHK)...

    Average price of diesel in October was N801.09 per litre- NBS

    By Okeoghene Akubuike Abuja, Nov. 23, 2022 The National Bureau...

    Cooking gas price increases by 0.21% in October 2022 – NBS

    By Okeoghene Akubuike Abuja, Nov. 21, 2022 Average price...

    Nigeria’s inflation rate increases to 21.09% in October 2022 — NBS

    The National Bureau of Statistics (NBS), says Nigeria’s headline...

    Nigeria’s Headline Inflation Hits 21.09% Since September 2005; Gives MPC Little Room for Rates Tweak

    Nigeria’s headline inflation accelerated for another month (nine consecutive...

    Energy Source

    Exxon to exit Equatorial Guinea amid wider Africa crude phaseout

    HOUSTON, Nov 28 - Exxon Mobil Corp (XOM.N) will wind down oil production in Equatorial Guinea and leave the West African...

    Oil prices fall 2% as Chinese demand worries linger

    Brent, WTI fall for third consecutive week EU delays talks on Russian oil price cap until next week Poland seeks German support for...

    Exxon to exit Equatorial Guinea amid wider Africa crude phaseout

    HOUSTON, Nov 28 - Exxon Mobil Corp (XOM.N) will...

    Oil jumps on hopes for easing of China’s COVID controls Get Outlook for iOS

    China to speed up COVID-19 vaccinations for elderly Investors eye...

    Africa requires $190bn annual investments to achieve energy goals

    Africa will require about $190bn worth of investments...

    Oil prices fall 2% as Chinese demand worries linger

    Brent, WTI fall for third consecutive week EU delays talks...

    Environment & Climate

    Nigeria’s Environmental activist Saro Wiwa resurrects at COP27, 27years after death

    By Usman Aiyu and Muhyideen Jimoh Sharm El Sheikh (Egypt), Nov. 11, 202 (NAN) The memory of the late Nigerian environmental activist,...

    Canada, Nigeria target oil and gas methane emissions with new laws

    SHARM EL SHEIKH, Nov 11 - Oil and gas producers Canada and Nigeria have become the latest countries to tackle...

    Politics & Governance

    Royal families back Gov. Adeleke on suspension of Owa of Igbajo

    The Igbajo royal families under the aegis of Onigemo descendant in Boluwaduro Local Government Area of Osun, have expressed support...

    Court nullifies Abia APGA governorship primary, orders fresh election

    The Federal High Court, Abuja, has nullified the Abia All Progressives Grand Alliance (APGA) governorship primary election held on May 29. Delivering...

    Attacks: INEC Chairman counts losses, gives way out

    The Independent National Electoral Commission (INEC) says timely arrest...

    Count Me Out Of Rumour To Relocate Nigeria’s Capital To Lagos, Tinubu Declares

    Asiwaju Bola Ahmed Tinubu, foremost presidential candidate in the...

    2023: APC unveils “Bless Mi” mobile crowdfunding channel for Tinubu’s campaign

    •Party targets N5 billion in donations •‘Innovation to democratise...

    Education & Institution

    I will continue to prioritize education, says Gov Sule

    Governor Abdullahi Sule of Nasarawa State has promised sustain priority to the education sector through increase budgetary allocation if re-elected...

    ASUU protest over unpaid salaries in UNICAL

    The Academic Staff Union of Universities (ASUU), University of Calabar branch, has staged a peaceful protest to demand the payment of...

    EKOEXCEL Pupils Shine at 25th Annual JETS Competition

    EKOEXCEL, the innovative digital initiative launched in 2019 by...

    Yahaya Bello reiterates commitment to quality education in Kogi

    Yahaya Bello Gov. Yahaya Bello of Kogi has reiterated his...

    LASU VC Pleads With Health Practitioners To Be Patriotic, Stop Brain Drain

    ...as LASU graduates 28 professional nurses The Vice Chancellor of...

    Education remains our top priority – Lalong

    Simon Lalong, Governor of Plateau State, has said that...

    CEO XCLUSIVE

    Nigeria needs to tap into its natural resources to resolve its foreign debt — Access Bank Chair

    Chairman Access Bank Plc, Mrs. Dere Awosika, has said that contrary to fears being expressed by Nigerians, the Federal Government can...

    Insurance boss cautions Nigerians on alarming rise in cybersecurity risk

    Lagos, Oct. 26, 2022 (NAN) The Managing Director/Chief Executive Officer (CEO), Leadway Assurance, Mr Tunde Hassan-Odukale, has cautioned corporate businesses owners...

    UBA Group is Well-Positioned to Meet Africa’s Banking Needs – CEO

    The Group Managing Director/Chief Executive Officer, United Bank for...

    Paper can be Nigeria’s second oil once revitalised – CEO, FAE Envelope

    By Rukayat Moisemhe Lagos, Aug. 17, 2022(NAN) Chief Executive Officer,...

    The State of The Nation

    RMAFC, EFCC uncovers oil firms’ $205m unremitted funds

    The Revenue Mobilisation Allocation and Fiscal Commission has said that it discovered $205.01m unremitted to the federation account by oil and...

    Nigerian Military Kills ISWAP Terrorists Undergoing Training for IED Production in Lake Chad

    Airstrikes conducted by fighter jets of the Nigerian Air Force, NAF, have killed 24 terrorists of the Islamic State of West...

    Africa

    Ghana Eurobonds Steady as Country Proposes Debt Restructure

    Bloomberg) -- Ghana will ask holders of its international bonds to accept losses of as much as 30% on the principal...

    AfDB Invests More Than $6m to Strengthen Public Finance Governance in African Countries

    This project is a follow-on to a first phase approved by the African Development Bank in 2016 The Board of Directors...

    Militants attack hotel used by officials in Somalia’s capital

    MOGADISHU, Nov 27 (Reuters) - Islamist militants attacked a...

    Former Ivory Coast militia leader Ble Goude returns home after exile

    ABIDJAN, Nov 26 (Reuters) - Charles Ble Goude, a...

    Equatorial Guinea president wins re-election, VP says on Twitter

    DAKAR, Nov 26 (Reuters) - Equatorial Guinea's President Teodoro...

    Congo schedules presidential elections for Dec 2023

    KINSHASA, Nov 26 (Reuters) - Democratic Republic of Congo...

    Namibia plans railway revamp to boost regional coal exports

    CAPE TOWN, Nov 25 - Namibia's state-owned railway company...

    Geopolitical Analysis & News

    Three U.S. citizens indicted for funding Cameroon insurgents

    DAKAR, Nov 29 (Reuters) - Three U.S. citizens of Cameroonian origin have been arrested and charged with raising funds for separatist...

    The yuan’s the new dollar as Russia rides to the redback

    Russia turns to the Chinese currency amid sanctions Moscow becomes No.4 offshore trading centre for yuan Yuan's share of Russian FX market jumps...

    China has rejected understanding with US on Taiwan, Blinken says

    China had altered a decades-old understanding between Washington and...

    Taiwan president quits as party head after local election losses

    Taiwan President Tsai Ing-wen has resigned as head of...

    President Putin Meets Mothers Of Russian Troops Fighting In Ukraine

    The president said that the country’s leadership, and he...