Top stakeholders in Nigeria’s healthcare and pharmaceutical sectors have reiterated the urgent need to improve local drug manufacturing capacity, calling for increased investment, technology adoption, and strategic partnerships. The call …
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Nigerian Hawkers Demand Legal Protection, Better Conditions on 2025 International Hawkers’ Day
The Nigeria Union of Hawkers (NUH) has called on the Federal Government and state governments across the country to take urgent steps to protect the rights of hawkers and improve …
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EconomyEnergyInfrastructureINVESTMENTNatural ResourcesNigeriaPolicies
Nigeria’s Gas Wealth and the Promise of MDGIF: Turning Potential into Prosperity
With over 206 trillion cubic feet of natural gas, Nigeria holds one of the largest gas reserves in the world, yet decades of underutilisation have kept this abundant resource from …
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FCTA Seals FIRS Office in Abuja Over 25-Year Ground Rent Debt
In a surprising development on Monday, the Federal Capital Territory Administration (FCTA) sealed off the Federal Inland Revenue Service (FIRS) office located in Zone 5, Abuja, due to the agency’s …
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AfricaEnvironmentNigeriaPolicies
Ogun Commissioner Raises Alarm Over Nigeria’s 32 Million Tonnes of Annual Waste
The Ogun State Commissioner for Environment, Mr. Ola Oresanya, has said Nigeria generates more than 32 million tonnes of municipal solid waste every year, with less than 40 per cent …
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CBN Reforms Push Diaspora Remittances to $4.76bn in 2024, Up by 44.49%
Foreign exchange inflows into Nigeria through International Money Transfer Operators (IMTOs) rose sharply to $4.76 billion in 2024, representing a 44.49 per cent increase from $3.30 billion recorded in 2023. …
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NCC Data Shows Nigerians Cutting Back on Internet Usage Despite Rising Broadband Penetration
New figures released by the Nigerian Communications Commission (NCC) have revealed a fluctuating trend in national data consumption, as more Nigerians appear to be rationing internet usage following recent tariff …
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NGX Ends Bullish Streak as Investors Lose N202 Billion After CBN Holds Interest Rate
The Nigerian Exchange Limited (NGX) closed last week on a bearish note, breaking its four-week bullish streak, as investors’ wealth declined by N202 billion. This downturn followed the Central Bank …
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Nigeria Generates Over 32 Million Tonnes of Waste Yearly, Ogun Commissioner Raises Concern
The Ogun State Commissioner for Environment, Ola Oresanya, has raised alarm over Nigeria’s growing waste problem, saying the country generates more than 32 million tonnes of waste every year. He …
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BusinessEconomyFinance & ServicesGOVERNMENTMarketsPoliciesPolitics
Naira Gains Ground Against Dollar as CBN Holds Interest Rate Steady
The Nigerian naira has shown consistent strength against the US dollar throughout the week, culminating in a notable appreciation on Friday, May 23, 2025.Data from the Central Bank of Nigeria …