Economy General

Farmers Association Backs FG’s Livestock Development Centres

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

Read More
Economy General

FCCPC Raises Concern Over Possible Cement Price Manipulation

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

Read More
Economy General

Nigeria’s Headline Inflation Drops to 15.43% in July

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

Read More
Economy General

NCAA Threatens to Suspend Royal Air Maroc Operations in Nigeria

The Nigeria Civil Aviation Authority (NCAA) has threatened to suspend the operations of Royal Air Maroc in Nigeria over alleged persistent violations of consumer protection regulations and poor treatment of Nigerian passengers. The aviation regulator accused the airline of failing to comply with passengers’ rights obligations, including complaints relating to delays, baggage handling and customer

Read More
Economy Politics

CBN Retains Interest Rate at 26.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), the country’s benchmark interest rate, at 26.5 per cent. The decision was reached at the conclusion of the MPC meeting held in Abuja on Tuesday. Announcing the outcome, CBN Governor Olayemi Cardoso said the committee opted

Read More
Economy General

Commercial Drivers Reject Petrol Price Reduction

Commercial drivers in Port Harcourt have rejected the recent reduction in petrol prices, describing the ₦50 and ₦100 cuts as insignificant and insufficient to reduce their rising operational costs. The drivers said many filling stations are still dispensing petrol at over ₦1,150 per litre, despite the announced price reductions. They also accused some independent marketers

Read More
Politics Economy

CSOs Urge Rivers Government to Adopt Tax Reform Law

A coalition of Civil Society Organisations and Community-Based Organisations in Rivers State has called on the state government to sponsor an Executive Bill for the adoption of the Tax Reform Law. In a statement signed by its spokesperson, Nasigba Peterside, the coalition commended the renewed collaboration between the Executive and the Rivers State House of

Read More
Economy General

South-South Farmers Seek Inclusion in FG Agricultural Intervention Programme

By Wale Sanusi The President of the Niger Delta Integrated Farmers Association of Nigeria, Julius Openha-Wodah, has called on the Federal Government to ensure that farmers in the South-South are adequately considered in the implementation of its agricultural intervention programmes, including the Renewed Hope Farm Input Support Programme. Openha-Wodah made the appeal while reacting to

Read More
Economy General

NANS Threatens Protest Against MTN, MultiChoice Over Xenophobia in South Africa

The National Association of Nigerian Students has threatened a nationwide protest against South African business interests in Nigeria over renewed xenophobic attacks on Nigerians and other African nationals in South Africa. The students’ body said it may shut down the operations of companies such as MTN and MultiChoice as part of planned actions, while also

Read More
Politics Economy

Fubara Presents N1.854tn 2026 Budget to Rivers Assembly

Rivers State Governor, Siminalayi Fubara, has presented the 2026 Appropriation Bill to the Rivers State House of Assembly, proposing a budget of N1.854 trillion for the next fiscal year. The proposal, titled “Budget of Resilience for Growth and Development,” is 24.49 per cent higher than the 2025 appropriation. Governor Fubara said the increase was driven

Read More