Food inflation in Nigeria has soared, worsening the malnutrition crisis. Government and stakeholders propose a $60 million initiative to combat the issue.
Nigeria
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Nigeria’s Joint Unions threaten state shutdowns over non-payment of the national minimum wage, urging compliance to ensure fair worker compensation.
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The CBN sells $20,000 to each BDC at ₦1,450 per dollar to facilitate invisible transactions, aiming to stabilize the foreign exchange market and ease naira pressure
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Streamlining governance costs is essential for Nigeria’s recovery, according to experts. Efficient governance can address many of the country’s pressing issues.
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Nigeria’s House of Representatives is embroiled in a controversy with the Nigerian Maritime Safety and Administration Agency (NIMASA) over alleged failures to deliver on corporate social responsibility (CSR) programs in coastal communities. Lawmakers are demanding answers and threaten to arrest the agency’s Director-General.
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A Nigerian court ruling reopens a fight over the rightful heir to the Ola throne in Osun State. The Olugbode family contests the legitimacy of King Ajiboye, alleging exclusion from the selection process. The situation highlights broader concerns about traditional throne disputes in Nigeria.
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To effectively combat financial crimes, the EFCC must gain independence from presidential influence, ensuring unbiased and effective operations.
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Nigeria’s $600 million annual palm oil importation exposes severe policy failures, leading to high food prices and neglect of local agricultural production.
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Nigerian health officials warn citizens about a potentially risky unregistered syrup sold nationwide. The B-GAG mist pot CIT syrup lacks registration and may pose health hazards. Authorities urge Nigerians to avoid the product, report suspicious sales, and practice safe medication buying habits.
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The Nigerian Air Force intensifies its fight against illegal oil refineries in the Niger Delta, destroying 13 sites and disrupting logistical networks used by oil thieves. This crackdown aims to protect Nigeria’s oil resources and the environment.