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Ease Suffering of Nigerians

Living Costs Crisis: IMF Urges FG to Ease Suffering of Nigerians

March 13, 2024
By Aduragbemi Omiyale The International Monetary Fund (IMF) has advised the federal government to do everything within its power to ease the suffering of Nigerians, especially by addressing the rising food, drug, and transportation prices in the country. Due to insecurity in the northern part of the country, the supply of food to the markets has significantly reduced. Farmers have
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Hike Cargo Clearing Rate

Again, CBN Hikes Cargo Clearing Rate by 1.2%

March 13, 2024
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has increased the foreign exchange (FX) rate for clearance of goods at different import points by 1.2 per cent or N18.44 from N1,593.84/$ to N1,612.28/$. This is according to the latest information available on the exchange rate portal of the Nigeria Customs Service (NCS). The new figure for the exchange rate
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NPK Fertilizers Indorama

CBN Provides N100bn Fertilizers to Curb Food Inflation

March 13, 2024
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced the allocation of 2.15 million bags of fertiliser worth over N100 billion to the Ministry of Agriculture and Food Security to mitigate the surge in food prices. Nigeria is experiencing the worst food inflation in decades amid a weakening Naira, insufficient domestic agricultural production, and an over-reliance on expensive
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Olam Agri visit Shettima

Olam Agri to Support Nigeria Achieve Food Security, Sustainability

March 13, 2024
By Aduragbemi Omiyale One of the leading players in the agribusiness sector, Olam Agri in Nigeria, has reiterated its intent to continue to collaborate and cooperate with the federal government to ensure food security and sustainability. At the moment, Nigeria is battling with rising prices of food as a result of insecurity, particularly from the northern part of the country,
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Politics

glovo

Glovo to Exit Ghana May 10 Over Profitability Issues

April 30, 2024
By Adedapo Adesanya Glovo, a prominent food delivery platform, has announced its decision to end operations in Ghana on May 10, 2024, marking a significant withdrawal from the Ghanaian market after investing €3.5 million ($3.7 million) to expand its services over the past two years. The company conveyed this development to its network of restaurant partners via email, attributing its
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Travel

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CMB Partners Foreign Firm On Affordable Housing

In a bid to make houses affordable to Nigerians, one of Nigeria’s leading real estate companies, CMB Building Maintenance and Investment, has joined forces with a foreign company to make this dream come true. Business Post was reliably informed that CMB has
August 14, 2016

Ministry Refunds $4600 To Mikel Obi

The $4,600 reportedly paid by captain of Team Nigeria at the ongoing Rio Olympics, John Mikel Obi, in Sao Paulo on their way to Salvador has been refunded. Business Post learnt that the refund was made by the Federal Ministry of Youth
August 14, 2016

Chibok Girls: FG Must Act Now—BBOG Group

The Federal Government has been charged to take urgent actions to secure the release of schoolgirls kidnapped over two years ago by Boko Haram members in Chibok, Borno State. The Bring Back Our Girls (BBOG) group in a statement issued on Sunday
August 14, 2016

Boko Haram: Army Declares Journalist Ahmed Salkida Wanted

A Nigerian freelance journalist, Ahmed Salkida, has been declared wanted by authorities of the Nigerian Army. A statement issued on Sunday by the Army though its spokesman, Colonel Sani Kukasheka Usman, said Mr Salkida is being wanted because of his links with
August 14, 2016

Is This The Change We Voted For? Yes, It Is

By Garba Shehu The last couple of weeks have witnessed the heaviest public criticism of the Muhammadu Buhari administration since he came to power after inflicting a heavy defeat on the Peoples Democratic Party and their candidate Dr Goodluck Ebele Jonathan. Much
August 14, 2016

The Parable Of The Husband’s Cane

By Reuben Abati One other outcome of our democratic experience since 1999 is how demanding and insatiable the Nigerian voter has become, and because political office holders and the professional political class are yet to fully decipher and understand the implications of
August 14, 2016

Fani-Kayode And His Apocalyptic Pessimism

By Akingbade Thomas I have followed the opinion articles of Femi Fani-Kayode since he started publishing in different news media. At first, his opinions seem to me to be inspired by patriotism. After some time, he gradually descends into ethnical and partisanship
August 14, 2016

Juliet Ibrahim To Begin TV Series

Ghanaian movie star, Juliet Ibrahim, is to launch her own reality television series called ‘The Perfect Assistant (TPA). A statement by her Publicist, Bunmi Odunowo, in Lagos on Saturday said the programme would kick off before the end of 2016. TPA, according
August 14, 2016

Boko Haram Shows ‘Chibok Girls’ In New Video

Wanted and displaced Boko Haram leader, Abubakar Shekau, has released a new video through the group to shows that the schoolgirls kidnapped in Borno State in 2014 by his members are still under his care. This is the second time Shekau is
August 14, 2016

Entries For Golden Pen Awards Close Friday

Organiser of the prestigious Nigerian Breweries’ Golden Pen Awards, Nigerian Breweries Plc, has said submission of entries would end on Friday, August 19, 2016. This was made known by the organiser in a statement issued in Lagos and obtained by Business Post
August 14, 2016
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