Nigeria’s headline inflation rate decreased to 23.18% in February 2025, down from 24.48% in January 2025. This was revealed by the National Bureau of Statistics (NBS) in its Consumer Price Index (CPI) report for February 2025, released on Monday. The NBS highlighted a 1.30% decline in the headline inflation rate from January to February 2025….
Starting tomorrow, the Red Line Rail Service will expand its capacity, offering five mornings and four evening trips daily, up from two-morning trips. This enhancement ensures better commuting options for residents travelling between Agbado and Oyingbo. With a total journey time of just 50 minutes from Agbado to Oyingbo and reduced waiting times of two…
The Nigerian Meteorological Agency (NiMET) has forecasted heavy rainfall, which could lead to flash floods, in coastal cities between May and June 2025. This announcement was made by the Minister of Aviation and Aerospace Development, Festus Keyamo, during the presentation of the 2025 annual climate prediction in Abuja. Keyamo also noted that the rainy season…
The Kano State Government has approved over ₦637 million and released ₦500 million in counterpart funding under the Child Nutrition Fund (CNF). A statement released by the Civil Society Scaling up Nutrition Nigeria’s Executive Secretary, Mr. Sunday Okoronkwo ,the fund is a critical step toward scaling up sustainable financing, programs, and supplies to combat malnutrition…
Wildfires in Brazil last year consumed a total area larger than all of Italy, a monitor reported Wednesday, as the country continues to battle blazes often set by farmers and ranchers illegally expanding their territory. Some 30.8 million hectares (119,000 square miles) of vegetation were burned in Brazil in 2024, a 79 percent increase from…
The Nigerian Labor Congress (NLC) has described as “absurd” the N8 billion allocated in the 2025 federal budget to sensitize Nigerians on the need to pay electricity bills. This was revealed in a statement signed by the President of the union, Comrade Joe Ajaero on Tuesday. The Federal Ministry of Power had proposed a budget…
Vice President Kashim Shettima has arrived in Davos, Switzerland, where he is representing Nigeria at the 2025 annual meeting of the World Economic Forum (WEF). Accompanying the Vice President to Davos are senior government officials, including the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, and the Executive Secretary of the Nigerian Investment Promotion…
Bolstered by festive season demand, Nigeria’s inflation rises to 34.8% in December 2024, up from 34.6% in November, reports the National Bureau of Statistics.The apex government data agency made this known in its latest Consumer Price Index (CPI) report which measures the rate of change in prices of goods and services. The December 2024 headline…
President Tinubu Advises Nigerians to Manage Electricity Bills by Switching Off Lights President Bola Tinubu has urged Nigerians to enhance their skills in managing electricity bills, encouraging the public to be more mindful of their energy consumption. In a conversation with reporters at his Bourdillon residence in Lagos on Monday, Tinubu stated, “It’s not negative…
Nigeria’s headline inflation rate rose to 34.60% in November 2024 from 33.88% in October 2024, the National Bureau of Statistics (NBS) revealed Monday. The November inflation rate showed an increase of 0.72% points compared to the October 2024 inflation rate, according to NBS’s latest Consumer Price Index (CPI) report which measures the rate of change…
