Beans, tomatoes, rice record 253%, 123%, 51% price hike

•Farmers decry worsening insecurity, FG promises intervention The cost of food items in Nigeria has been recording significant increases in the past one year. A survey carried out by our…

Cooking gas price soars to N500/kg, retailers, consumers lament

The price of Liquefied Petroleum Gas, also known as cooking gas, has skyrocketed to a record high of N500 per kilogramme, forcing some Nigerians to turn to alternatives such as…

medical doctor Abducted by suspected kidnappers in Kogi

Tension has heightened at Ofu Local Government Area of Kogi State following the abduction of a medical doctor working with the General Hospital, at Ugwolawo. The victim identified as Solomon…

Three killed as military men clash with Lagos traders

A businessman, identified only as Felix, aka Tiger, and two other yet-to-be-identified traders have been shot dead by military officers during a clash with union members and traders at the Aguiyi…

Nigeria accounts for over 20% of funds laundered from Africa –FG

The Federal Government says over 20 per cent of funds illegally taken from Africa come from Nigeria. Spokesperson for the Independent Corrupt Practices and other related offences Commission, Azuka Ogugua,…

Naira slumps further, exchanges for 504/$ at parallel market

The naira exchanged to the dollar at N504 at the parallel market on Friday, according to the Bureau de Change operators. It had earlier exchanged to the dollar at 500…

IMO GOVT: 43 oil wells RECOVERED from Rivers

The Imo state government yesterday named the areas it recovered 43 oil wells from Rivers State, saying that 22 oil wells were recovered from Mgbede Field in Egbema, Ohaji/Egbema Local…

Nigeria has 3rd highest mobile subscription addition globally —ERICSSON

Nigeria has the third highest mobile subscriptions additions in the first quarter of 2021 globally, says the latest mobility report by multinational telecommunications company, Ericsson. Ericsson’s Vice President and Head of…

Bitcoin at lowest exchange supply in six months

The amount of bitcoin held on exchanges has been on a steady decline since mid-May, and at current level’s exchange supply is at its lowest since early January according to…

Nigeria records 4,919 oil spills in six years, loses 4.5trn barrels to theft in four years — Minister

Dr Mohammad Abubakar, Minister of Environment, on Monday, disclosed that Nigeria recorded 4,919 oil spills between 2015 to March 2021 and lost 4.5 trillion barrels of oil to theft in…