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Economy

Governor promises to provide subsidised petrol to Damasak farmers

9 February 2024

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

8 February 2024

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

26 January 2024

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

24 January 2024

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

23 January 2024

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%

19 January 2024

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

10 January 2024

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

21 December 2023

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

21 December 2023

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 […]

The poor cry out as prices of locally produced rice hit unexpected heights

27 November 2023

Insecurity, erratic rainfall, the removal of the fuel subsidy, high demand and lack of timely support from the government blamed for sudden rise in the price of locally produced rice. […]