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Rivers State Deputy Governor, Professor Ngozi Nma-Odu, has called for strategic planning, innovative engineering and sustainable infrastructure to unlock the state’s Blue Economy potential. Nma-Odu made the call as Special Guest of Honour at the Second Distinguished Annual Lecture of the Nigerian Institution of Civil Engineers, NICE, Port Harcourt Chapter, held in honour of Engineer
The Niger Delta must move beyond discussions about its enormous economic potential and focus on converting its natural and human resources into productivity, investment and sustainable economic growth. Chairman of the Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture, NDCCITMA, Idaere Gogo-Ogan, stated this at the opening of the Niger Delta Economic and
The Director-General of the World Trade Organization, WTO, Dr Ngozi Okonjo-Iweala, has called for urgent economic regeneration of the Niger Delta, citing poor human development indicators and high levels of multidimensional poverty in the region. Okonjo-Iweala made the call in a goodwill message delivered at the Niger Delta Economic and Investment Summit in Port Harcourt,
Nigeria’s headline inflation rate eased marginally in August 2026, despite rising petrol prices, declining to 15.39 percent from 15.43 percent recorded in July. According to the latest Consumer Price Index report released on Tuesday by the National Bureau of Statistics, NBS, the figure represents a 0.04 percentage-point decline in the headline inflation rate. The statistics
The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture, NDCCITMA, says the forthcoming Niger Delta Economic and Investment Summit will provide a platform for attracting investments and accelerating industrial development across the region. Chairman of the Board of NDCCITMA, Idaere Gogo-Ogan, stated this at a pre-summit press briefing held at the Obi Wali
The Central Bank of Nigeria, CBN, has intensified its supervisory focus on terrorism financing as part of efforts to prevent the country’s financial system from being exploited by illicit actors. The apex bank disclosed this in a statement signed by its Acting Director, Corporate Communications and Investor Relations Department, Hakama Sidi-Ali. The CBN said terrorism
President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has called on Nigeria and other African countries to take bold steps towards driving economic growth and prosperity across the continent. Dangote said African countries must deliberately develop their economies and strengthen their institutions to attract greater global respect and investment. He made the
The President of the Niger Delta Integrated Farmers Association of Nigeria, Julius Openha-Wodah, has backed the Federal Government’s plan to establish state-specific livestock development centres across the country. Speaking in an interview with Today FM’s Olawale Sanusi, Openha-Wodah described the initiative as one of the best policies of the Bola Tinubu administration, saying it could
The Federal Competition and Consumer Protection Commission, FCCPC, says preliminary findings from its investigation into Nigeria’s cement industry have raised concerns over possible price manipulation and other anti-competitive practices. The findings are contained in a 40-page field report by the commission’s Anticompetitive Practices Department, following a three-month cross-border assessment of cement markets. The investigation focused
Nigeria’s headline inflation rate dropped from 15.91 per cent in June to 15.43 per cent in July 2026, according to the latest data released by the National Bureau of Statistics, NBS. In its Consumer Price Index report released on Monday, the NBS said the July figure represents a 0.48 percentage-point decrease compared with the June
