Despite Nigeria recording its fourth consecutive inflation rate decline, ordinary citizens and business owners continue to feel little to no relief from the country’s harsh economic conditions. According to LMSINT MEDIA, the latest data shows that Nigeria’s inflation rate dropped to 21.88 percent in July, compared to 22.22 percent in June. This downward trend has […]
The United Nations has placed Nigeria 8th on the African Industrialisation Index and 98th worldwide in its Competitive Industrial Performance Index, underscoring the nation’s persistent struggle to enhance industrial competitiveness. This disclosure came from Kelvin Emmanuel, Thematic Lead for Oil and Gas at the Nigerian Economic Summit Group (NESG), during a high-level pre-summit dialogue in […]
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The story of the Dangote Refinery and Petrochemicals (popularly known as the Dangote Refinery) is not just about building Africa’s largest refinery—it is a case study on the unmatched strength of entrepreneurship and private sector innovation. Austrian economist Joseph Schumpeter (1883–1950) once defined entrepreneurship with two enduring statements: Schumpeter was more than a capitalist theorist; […]
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The Centre for the Promotion of Private Enterprise (CPPE) has revealed that food costs in Nigeria remain stubbornly high, even though the country recorded its fourth straight drop in headline inflation as of July 2025. This was disclosed in a statement released on Sunday by the Director of CPPE, Muda Yusuf, following the publication of […]
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The Imo State Government has officially announced a new policy that prohibits schools from organizing graduation ceremonies for pupils in kindergarten, nursery classes, and Junior Secondary School 3 (JSS3). In addition to the ban on early graduation ceremonies, the government has also restricted the frequent practice of schools changing textbooks on a yearly basis. This […]
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Three hundred and forty (340) out of the four hundred and sixty-one (461) staff members of Ogbonnaya Onu Polytechnic, Aba (formerly Abia State Polytechnic), who were disengaged between 2018 and 2021, have now been paid by the Abia State Government. The government assured that the remaining staff would also receive their entitlements once the ongoing […]
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The Chief of Army Staff (COAS), Lieutenant General Olufemi Oluyede, has announced a sweeping reorganization within the Nigerian Army, approving the redeployment and appointment of several senior officers to critical command, instructional, and administrative positions. In a statement issued by the Acting Director of Army Public Relations, Lieutenant Colonel Appolonia Anele, the Army explained that […]
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The highly anticipated Manchester United vs Arsenal Premier League fixture is the highlight match of this weekend’s topflight football action. The league made its return on Friday after an 82-day break with Liverpool’s thrilling 4-2 victory over Bournemouth, setting the tone for an exciting new season. On Saturday, Manchester City produced a dominant 4-0 win […]
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The Federal Executive Council (FEC) has authorized the Ministry of Works to explore funding mechanisms for constructing new structures to replace the deteriorating Carter Bridge and Third Mainland Bridge in Lagos, with projected costs of ₦359 billion and ₦3.6 trillion respectively. Minister of Works, David Umahi, reported after the FEC deliberations that the government is […]
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The Presidential Compressed Natural Gas Initiative (PCNGi) has officially handed over four 50-seater hybrid buses to the Federal Capital Territory Administration (FCTA) in a move aimed at enhancing the public transportation network within Abuja and its environs. These newly donated buses operate using Compressed Natural Gas (CNG) in combination with Automotive Gas Oil (AGO) — […]
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The administration of President Bola Ahmed Tinubu has officially imposed a seven-year suspension on the creation of new federal tertiary educational institutions across Nigeria. This major policy decision was reached and approved during the Federal Executive Council (FEC) meeting held on Wednesday at the Presidential Villa in Abuja, with President Tinubu presiding. According to the […]
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The Minister of Aviation, Festus Keyamo, has officially instructed Ibom Airline to withdraw the criminal charges filed against Comfort Emmanson. He further confirmed that the Police will expedite the necessary proceedings to secure her release from Kirikiri Prisons within the upcoming week. Minister Keyamo also directed the NCAA (Nigerian Civil Aviation Authority) to reduce the […]
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In the southern Gaza Strip’s Mawasi area, under intense summer heat, Palestinians are seen queuing for hours to collect limited quantities of drinking water — a stark image of the deepening humanitarian crisis in the region. This worsening situation has prompted Britain, Canada, Australia, and several European allies to issue an urgent appeal to Israel, […]
