Kano leads in states with highest Inflation rate as inflation soars to 28.2%

Nigeria’s inflation rate jumped in November to 28.2 per cent, the National Bureau of Statistics, NBS, said last Friday. The latest rate is a 0.61 per cent rise from October’s 27.33 per cent. The consumer price index, a main gauge of inflation, soared about 6.73 per cent points, compared to the 21.47 per cent recorded in November 2022, NBS said. Rises in the price of goods caused by President Bola Tinubu’s economic reforms, including scrapping...

ECOWAS Trains 150 Youths on Table Fish Production in Anambra State

No fewer than 150 Anambra youths from various communities of the state are undergoing the training on table fish production, sponsored by the Economic Community of West African States – ECOWAS. The training which started weeks ago at Anambra State Polytechnic, Mgbakwu, in Awka North LGA of Anambra State, is facilitated by Emeka Iloghalu, a reputable, sort-after and experienced fish value chain consultant, who doubles as the MD/CEO of Anambra State Fisheries and Aquaculture Business...

Public universities, polytechnics are no longer part of IPPIS – FG

Government-owned tertiary institutions have been yanked off the Integrated Payroll and Personnel Information System, IPPIS, which has slowed down staff remuneration and recruitment, among other things since 2006. The Minister of the Information and National Orientation, Mohammed Idris, said on Wednesday that the development is to make room for greater autonomy. Minister Idris said the exemption of public tertiary institutions from the IPPIS was a joint decision of the Federal Executive Council, FEC, in response...

Nigerian Army arrests IPOB/ESN Commandant in Enugu

Troops of the Nigerian Army, NA, codenamed Sector 1 Exercise Golden Dawn III have apprehended Uchechukwu Akpa, the leader of the Indigenous People of Biafra, IPOB, and its armed affiliate, the Eastern Security Network (ESN) militants. Akpa was nabbed alongside three others identified as Udoka Anthony Ude, Ikechukwu Ulanta, and Ezennaya Udeigewere at their hideout at Christ the King Catholic Church, Ameta Mgbowo in Awgu LGA of Enugu State on Wednesday, 13 December. “The arrest...

Supreme Court says Nnamdi Kanu must face trial for terrorism

The Supreme Court in Nigeria has declined to order the release of the leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, from detention. The separatist leader has been in detention since 2021 despite a Court of Appeal judgment on 13 October 2022 ordering his release. Hopes were high that the Supreme Court would quash the terrorism charges against Kanu who has been in detention since June 2021 when he was forcefully extradited from...

Jumia shuts down food delivery business in Nigeria, six other countries

Jumia’s food delivery services, Jumia Food, will cease operations in Nigeria, Kenya, Uganda, Morocco, Tunisia, Algeria, and Ivory Coast by 31 December 2023. The Chief Executive Officer of Jumia, Francis Dufay said the current market conditions and economic climate in the affected countries make the food delivery business unprofitable. “The economics are tough in this market because the costs are very high and there is plenty of competition so there is downward pressure on the...

Nigeria seeks US partnership to end insecurity

Nigeria is seeking the support of the United States in addressing the country’s pressing security challenges, including banditry and terrorism. Bello Matawalle, minister of state for defence, said Nigeria would welcome international support to rid the country of terrorists. Matawalle, currently on a working visit to the US, said President Bola Tinubu is determined to collaborate with friendly nations to make Nigeria more secure for all. In the US, the Minister met with members of...

Powerful Nigerians Sponsors Banditry, Terrorism Engaged In Illegal Mining

Mr Dele Alake, Nigeria’s Minister of Solid Minerals says some powerful Nigerians are involved in illegal mining and are sponsoring banditry and terrorism in the country. Alake disclosed this while defending the 2024 budget of the Ministry before the House of Representatives Committee on Solid Minerals at the National Assembly. “A lot of the banditry and other forms of insecurity associated in the sector are sponsored by illegal miners. “These illegal miners are not the people who...

Republic of Niger Formally Suspended From ECOWAS

The Republic of Niger has been formally suspended from the Economic Community of West African States (ECOWAS) until constitutional order is restored in the country. The suspension of the Republic of Niger from the regional body was contained in a statement following the decisions taken at the summit of heads of state and government held on Sunday in Abuja. The statement reads in part: “Until the 64th ordinary session held on Dec. 10, 2023, the Conference...

Enugu State Judiciary Inaugurates 10 Small Claims Courts

The Enugu State Judiciary has inaugurated 10 Small Claims Court for timely judgment on financial claims ranging from five to ten million naira; the Small Claim Courts is established to settle financial disputes especially debt recovery and other liquidated money demands not exceeding ten million naira only. Explaining the concept of Small Claims Court, the Chief Judge of Enugu State, Justice Raymond Afojulu Ozoemena said it is a court of limited jurisdiction that hears disputes...

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