Harnessing the power of small and medium-sized businesses A thriving economy is built on the backbone of small and medium-sized enterprises. However, successive governments have neglected this crucial sector, leaving poverty and stagnation in their wake. But Senator Monday Okpebholo is poised to change this narrative as the next Executive Governor of Edo State! His administration will prioritise the growth …
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PRP condemns Bauchi government’s ‘unconstitutional’ attempt to quash protests
The Bauchi State chapter of the Peoples Redemption Party (PRP), has condemned what it called an unconstitutional attempt to intimidate the people of the state by the state government. In a statement issued on Thursday by its Secretary in the state, Honourable Abdulazeez Haruna, the party expressed shock over the recent remarks by the Secretary to the State Government (SSG), …
Read More »Senate promises to expose perpetrators of economic sabotage in oil sector
The Senate has vowed to expose and bring to justice individuals and entities responsible for economic sabotage in the oil sector, including those behind the importation of toxic fuel into Nigeria. The Senate Ad-Hoc Committee on Economic Sabotage in the Nigerian Petroleum Industry made this statement at a press conference in Abuja on Thursday. Committee Chair, Senator Opeyemi Bamidele, stressed …
Read More »SGF, Akume, Nigerian government spends $1.5 billion to fight crude oil theft, protect installations
The Federal Government has revealed that it has spent $1.5 billion since 2020 to safeguard the country’s oil installations and combat crude oil theft. This disclosure was made by the Secretary to the Government of the Federation (SGF), George Akume, who was represented by the Permanent Secretary, Public Service, Maurice Nandi, at a House of Representatives open hearing on crude …
Read More »NDLEA successfully arrested 22 drug dealers in Kano in July
The Kano State Command of the National Drug Law Enforcement Agency (NDLEA) disclosed on Thursday that it successfully prosecuted 22 drug dealers in the state in July 2024. Commander Abubakar Idris-Ahmad confirmed the verdict, describing it as a significant achievement in the fight against drug abuse and illicit trafficking. “We have punished 22 drug dealers,” said Idris-Ahmad. “During one of …
Read More »Prices of sweet potatoes, tomatoes, beans and more have jumped more than 250% since 2023 —NBS
In a development that further worsens the economic plight of Nigerians, the prices of staple foods such as beans, yams, tomatoes, potatoes and others have increased by more than 250 percent between June 2023 and June 2024. This is according to the June Selected Foods report released by the National Bureau of Statistics (NBS) on Wednesday, July 24, 2024, in …
Read More »Tragedy struck in Lagos when a building collapsed, killing three people.
The massive building collapse that occurred at Arowojobe Estate in Maryland, Lagos State, has led to the deaths of three workers on site. The Lagos State Emergency Management Agency (LASEMA) confirmed the incident in a statement released to the News Agency of Nigeria (NAN), on Thursday. According to LASEMA Permanent Secretary, Olufemi Oke-Osanyintolu, the agency received a distress call at …
Read More »Trump attacks Vice President Kamala Harris, calls her a ‘left-wing extremist’
Former US President Donald Trump on Wednesday launched a blistering attack on Democratic presidential nominee Kamala Harris, calling her a “left-wing extremist” and the “ultraliberal driving force” behind Joe Biden’s policies. At a campaign rally in Charlotte, North Carolina, Trump claimed Harris would be the most left-leaning president “times 10” if elected. Trump has criticized Harris’ record on abortion and …
Read More »Tinubu urges security forces to stop rivalry and collaboration against criminal elements
President Bola Tinubu has called on all security agencies to desist from inter-agency rivalries and work together effectively to combat criminal elements and activities plaguing the country. Speaking through the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, at the inauguration of the Nigeria Police National Cybercrime Centre in Abuja on Wednesday, Tinubu stressed the urgency of unity against …
Read More »The Naira exchange rate plunged for three consecutive days
Nigeria’s currency, the naira, fell again against the US dollar on Wednesday, July 24, 2024. The local currency weakened by N38 to trade at N1,586/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed. This is in contrast to the exchange rate of N1.548/$1 traded on Tuesday, July 23, 2024. The intraday high and low prices recorded during the …
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