4 h. ago World Bank projects Nigeria’s inflation to ease to 22.1% in 2025

From Adanna Nnamani, Abuja The World Bank has forecasted Nigeria’s inflation rate to average 22.1% in 2025, a decline attributed to the Central Bank of Nigeria’s (CBN) stringent monetary policies aimed at stabilising prices and anchoring inflation expectations. The projection was announced in a statement on Monday, May 12, coinciding with the launch of the […] The post World Bank projects Nigeria’s inflation to ease to 22.1% in 2025 appeared first on The Sun Nigeria.

Politics

4 h. ago $700m CVFF disbursement to attract single digit interest rate — NIMASA

Tribune Online $700m CVFF disbursement to attract single digit interest rate — NIMASA The Cabotage Vessel Financing Fund (CVFF), to be disbursed by the Federal Ministry of Marine and Blue Economy through the Nigerian Maritime Administration and Safety Agency (NIMASA), shall attract a single-digit interest rate. $700m CVFF disbursement to attract single digit interest rate — NIMASA Tribune Online

Politics

7 h. ago NDLEA gets forensic labs in Abuja, Enugu, trains 20 officers

Tribune Online NDLEA gets forensic labs in Abuja, Enugu, trains 20 officers After over 25 years of conducting forensic analysis in a single laboratory facility in Lagos, the National Drug Law Enforcement Agency (NDLEA) has established two new laboratories and upgraded the existing one to enhance accessibility, expedite timely analysis, and prosecute cases efficiently following a surge in drug seizures over the past months. NDLEA gets forensic labs in Abuja, Enugu, trains 20 officers Tribune Online

Politics

7 h. ago 25 Years After, NDLEA Gets Forensic Labs In Abuja, Enugu, Trains 20 Officers

After over 25 years of conducting forensic analysis in a single laboratory facility in Lagos, the National Drug Law Enforcement Agency (NDLEA) has established two new laboratories and upgraded the existing one to enhance accessibility, expedite timely analysis, and prosecute cases efficiently following a surge in drug seizures over the past months. The two additional […]

Politics

9 h. ago Nigeria’s inflation to average at 22% in 2025 if CBN holds tight monetary policy – World bank

…says macroeconomic situation improving, urges govt to undertake more reforms Nigeria’s inflation rate could decline to an annual average of read more Nigeria’s inflation to average at 22% in 2025 if CBN holds tight monetary policy – World bank

Politics

13 h. ago Economic Diversification: Grant States N5bn Tourism Investment Funds, Akwa Ibom Tells Federal Gov’t

For the ongoing economic reforms by the federal government to yield fruits, Akwa Ibom State has made a case for a monthly disbursement of N5 billion to the sub-nationals by the federal government for the promotion of tourism sector. The investment cash would help shore up the tourism sites for more attractions by fun seekers, […]

Politics

14 h. ago Don canvasses more engaging children literature to boost reading habits

Tribune Online Don canvasses more engaging children literature to boost reading habits "The use of colourful illustrations and imaginative storytelling can significantly attract young readers and stimulate their creativity," he noted Don canvasses more engaging children literature to boost reading habits Tribune Online

Politics

27 h. ago ASITU raises alarm over alleged N25bn secret SEDC loan, demands probe

From Jude Chinedu, Enugu The Association of Igbo Town Unions (ASITU) has condemned the South East Development Commission (SEDC) over allegations that it secretly secured a ₦25 billion loan at a 30% interest rate from a commercial bank without approvals from the Debt Management Office (DMO) or the National Assembly. In a statement issued on […] The post ASITU raises alarm over alleged N25bn secret SEDC loan, demands probe appeared first on The Sun Nigeria.

Politics

29 h. ago Earnings amid inflation: How Nigerian corporates are turning the tide

In a year marked by economic turbulence—currency devaluation, surging inflation, and interest rate hikes—Nigeria’s corporate boardrooms might have been expected read more Earnings amid inflation: How Nigerian corporates are turning the tide

Politics

31 h. ago Benue needs urgent urban renewal, infrastructure to attract private sector – Ityoachimin

From Godwin Tsa, Abuja Godwin Ityoachimin, a former All Progressives Congress (APC) governorship aspirant in Benue State, has called for urgent urban renewal and infrastructural development in major cities like Makurdi, Gboko, and Otukpo to attract private sector investment. Ityoachimin, a retired director in the Federal Ministry of Works and a 2027 governorship hopeful, criticised […] The post Benue needs urgent urban renewal, infrastructure to attract private sector – Ityoachimin appeared first on The Sun Nigeria.

Politics

32 h. ago Kano disburses N600m compensation to land owners displaced by erosion control

The administration of Abba Kabir Yusuf, governor of Kano State, has commenced the construction of multi-billion erosion control project in read more Kano disburses N600m compensation to land owners displaced by erosion control

Politics

34 h. ago Security Agents Nab Two Suspected Thieves For Allegedly Stealing Underwear, Shirts In Ogun

Officers of the Social Orientation and Safety Corps, a.k.a, So-Safe Corps, has arrested two suspects, identified as Daniel Enitan, and Adetona Sodeeq for allegedly breaking into five different shops, in the Aferiku, Idiroko area of Ogun State. It was gathered that the arrested individuals were caught with stolen items, such as boxers, singlets, shirts, and […] The post Security Agents Nab Two Suspected Thieves For Allegedly Stealing Underwear, Shirts In Ogun appeared first on Information Nigeria.

Politics

37 h. ago Companies Worried About Macroeconomic Volatility, Inflation Rate

A rising number of companies and Nigerian chief executive officers (CEOs) are increasingly concerned about inflation and a widening skills gap, according to the PwC 28th Annual Global CEO Survey: Nigerian Perspective. The report, released by PricewaterhouseCoopers (PwC), highlighted that economic uncertainty, rising operational costs, and a fast-changing labour market were major challenges for business […]

Economics

3 d. ago Lagos disburses N1.9bn for poverty alleviation, empowers women, youths, NGOs

By Lukman Olabiyi In a continued effort to combat poverty and support vulnerable groups, the Lagos State Government has disbursed N1.9 billion towards various empowerment initiatives targeting women and youths over the past year. Commissioner for Women Affairs and Poverty Alleviation (WAPA), Mrs. Bolaji Dada, disclosed this on Friday during the 2025 ministerial press briefing […] The post Lagos disburses N1.9bn for poverty alleviation, empowers women, youths, NGOs appeared first on The Sun Nigeria.

Politics

3 d. ago Seplat pegs exchange rate for final, special dividend at $/N1,609.6

Seplat Energy Plc has confirmed that $/1,609.6357 naira is the exchange rate applicable in determining both the final and special read more Seplat pegs exchange rate for final, special dividend at $/N1,609.6

Politics

3 d. ago We Feel Betrayed, Students Lament Incomplete NELFUND Loan Payments

Despite repeated assurances from the federal government that student loans would be disbursed in full and transparently, university students across the country are raising the alarm over what they describe as incomplete and inconsistent payments. According to evidence obtained by LEADERSHIP Friday, many recipients reported receiving between ₦40,000 and ₦54,000, well below the promised ₦60,000 […]

Politics

3 d. ago I’m Not Misogynist, I Featured The Most Women Last Year – Odumodublvck

Nigerian rapper Odumodublvck has addressed the ongoing criticism regarding his controversial lyrics in the 2023 collaborative single “Cast” with Shallipopi. The lyrics of the track, which include references to women’s financial reliance on men, sparked considerable backlash from listeners and activists, who criticized the content as degrading to women. The criticism has lingered since the […] The post I’m Not Misogynist, I Featured The Most Women Last Year – Odumodublvck appeared first on Information Nigeria.

Politics

3 d. ago Man Utd vs Athletic Club: Amorim praises two players for win

By John Ogunsemore Manchester United manager, Ruben Amorim has singled out Mason Mount and Kobbie Mainoo for praise after Thursday night’s comfortable win over Athletic Bilbao in the Europa League semi final second leg match. Mikel Jauregizar put the Spanish side ahead in the 31st minute at Old Trafford to raise hopes of a comeback […] The post Man Utd vs Athletic Club: Amorim praises two players for win appeared first on The Sun Nigeria.

Politics

4 d. ago Shell/NNPC Tennis Tourney: Kienka Looks Forward To Thrilling Finals, Heils organisers

The 2025 edition of the Shell/NNPC Tennis Tournament has reached its pivotal stages, with key competitors eyeing their chances to seize the coveted title. One such contender is Godwin Kienka, who is competing in the Veterans Singles category at the ongoing tournament held at the tennis courts of Ikoyi Club 1938. Kienka, the director of […]

Politics

4 d. ago $700m CVFF: APFFLON urges creditworthiness checks on shipowners before disbursement

By Steve Agbota The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has called on the Minister of Marine and Blue Economy, Adegboyega Oyetola, to carry out thorough verification of credit ratings of Nigerian shipowners before going ahead to disburse the Cabotage Vessel Financing Fund (CVFF). In a letter to the Minister […] The post $700m CVFF: APFFLON urges creditworthiness checks on shipowners before disbursement appeared first on The Sun Nigeria.

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