Key Forecasts: Nigeria’s headline inflation rate is projected to average 30.5% year-on-year in 2025, with a gradual decline to 27.1% by December, according to the NESG-Stanbic IBTC Business Confidence Monitor report. The forecast hinges on a reduction in the impact of high petrol prices on inflation metrics, provided there are no unexpected disruptions in fuel […]
Category archives: News
Black Market Exchange Rates: Dollar to Naira Today – January 10, 2025
Current Black Market Dollar to Naira RatesCurious about the Dollar to Naira exchange rate in the parallel (black) market? Here’s the latest update for January 8, 2025. Exchange Rates (Black Market): Central Bank of Nigeria (CBN) Rates: It’s important to note that the Central Bank of Nigeria (CBN) does not endorse black market transactions, urging […]
Why I Am Subsidizing Education for 300 Students in Nasarawa – Architect Ishaya
From Abel Zwànke, Lafia Architect Ishaya Duba Dodo, a renowned philanthropist from Akwanga Local Government Area of Nasarawa State, has subsidized education for 300 students across Nasarawa North’s three geopolitical zones: Akwanga, Nasarawa Eggon, and Wamba Local Government Areas. The initiative, a bursary scheme woth millions of Naira that concluded at the ERCC headquarters in […]
Ombugadu Challenges Governor Sule on Infrastructural Development, Commends Almakura, Alyu Akwe
David Ombugadu, former governorship candidate of the People’s Democratic Party (PDP), has criticized Governor Abdullahi Sule’s failure to address key infrastructural issues in Nasarawa State. Speaking at a New Year event in his hometown of Ika Wangibi, Nasarawa Eggon LGA, on January 1, 2025, Ombugadu called out the governor for not connecting his people to […]
Luochuan apples: a Fruitful path to prosperity
By Zhang Tie, People’s Daily In Luochuan county, Yan’an, northwest China’s Shaanxi province, apples are a common sight. Apple stores line the streets and alleys; trucks carrying loads of apples zip along urban and rural roads; in industrial parks, apples are processed into crisps, juices, and pectin. Across the Loess Plateau, vast apple orchards extend […]
Ban Ki-moon: ‘Xi has demonstrated proactive and crucial leadership’
By Chen Shangwen, People’s Daily “I met with Chinese President Xi Jinping on many occasions. Our interactions and friendship are based on a common understanding that humanity shares the same planet and a common future,” said Ban Ki-moon, former UN secretary-general, in a recent interview with People’s Daily. Ban noted that consensus-building and win-win cooperation […]
Group Commends Finance Minister for Stability, Says “Economy on Positive Track”
Nigeria’s economy is showing signs of a significant rebound in 2024, building on the firm reforms implemented over the past 18 months by the administration of President Bola Ahmed Tinubu. This was contained in a press release issued on Sunday by the Global Economic Policy Initiative (GEPIn) and signed by its President, Mr. Bernard Okri. […]
Key Takeaways from President Bola Ahmed Tinubu’s Budget Speech Showing Nigeria’s Path to Economic Recovery
On Wednesday, December 18, 2024, President Bola Ahmed Tinubu delivered a speech to the Joint Session of the National Assembly as he presented his ₦49.7 trillion 2025 budget estimate to the legislature. The budget marks the President’s second within his 19 months in office and the second under this administration. His speech provided a concise […]
Ombugadu Leading Global TB Caucus Advocates for Action Against Tuberculosis
From Abel Leonard, Lafia Rt. Hon. David Emmanuel Ombugadu, representing the Global TB Caucus, has emphasized the need for innovative financing and strategic interventions to combat tuberculosis (TB) in Africa. The Global TB Caucus, an international network of over 2,500 parliamentarians from more than 150 countries, continues to champion the fight against TB worldwide. Ombugadu’s […]
CCECC Chinese Staff Orders Nigerian Soldier To Brutalise Two Workers In Lagos
Two Nigerian men working on the Lagos Blue line rail have been assaulted by a soldier acting on the order of a Chinese National, SaharaReporters has gathered. The Chinese man is said to be an expatriate of the China Civil Engineering Construction Corporation (CCECC), the company awarded the contract of the electric rapid transit line […]