Economy
UNHAS shutdown fligths operations in Nigeria’s Northeast over lack of funding
Funding Shortages Forced UN to Shut Down Air Services in Nigeria’s Northeast. The shutdown will severely compromise the humanitarian response in Nigeria’s northeast, where millions are already suffering from hunger, displacement, and insecurity.
Governor lays foundation stone for remodelled international cattle market in Banki
Largest livestock market in the Lake Chad Basin district will accommodate traders, stimulate economic activities by bolstering transborder commerce, and create employment opportunities The remodelled international cattle market in Banki, […]
Governor promises to provide subsidised petrol to Damasak farmers
Borno State governor distributes cash, food, temporary shelters, mats and blankets to returnees from conflict-ridden Niger Republic. Borno State governor Babagana Umara Zulum has promised to provide petrol at subsidised […]
Special report: Furious Nigerians protest against hunger and the exorbitant cost of living
Angry and aggrieved Nigerians take to the streets in response to government’s claim that citizens enjoyed the lowest cost of living in Africa R As the naira continues to plummet, […]
At least 30 shops razed and goods worth ₦150 million destroyed in Damaturu market fire
Governor donates ₦100 million to dealers to help them to rebuild their shops so that they can start trading again soon At least 30 shops were burnt to ashes and […]
Locusts a tasty and profitable delicacy
Apart from creating jobs and bringing in much-needed cash, the United Nations Food and Agriculture Organisation says edible insects, such as locusts, can help to address food insecurity. Most people […]
Skyrocketing raw meat prices a bone of contention for citizens of Borno State
Prices of livestock and raw meat soar as the naira continues to depreciate and the inflation rate hits record-high levels The seemingly ever-depreciating naira and soaring inflation rate have had […]
Inflation rate in December hits nearly 30-year high of 28.9%
National Bureau of Statistics says ever-increasing inflation rate is caused primarily by the substantial depreciation of the naira Nigeria’s annual inflation rate continued to accelerate in December, hitting a nearly […]
Manufacturers, labourers and bricklayers’ jobs no longer set in cement
Skyrocketing price of cement is affecting the lives of manufacturers of building blocks, their labourers and bricklayers as they are losing their jobs and are unable to provide for their […]
Climate change: FAO distributes fuel-efficient stoves to 24,500 Borno households
The stoves are energy-efficient, meaning fewer trees are cut down, and they are healthier because they reduce smoke and harmful gases within households. The United Nations Food and Agriculture Organisation […]
World Bank hints that Nigerian government has not removed fuel subsidy
World Bank says the price of petrol in Nigeria is not cost-reflective and should be higher if the fuel subsidy had been removed. The removal of the fuel subsidy by […]
