HomeEditors Pick

Editors Pick

Aviation Fuel Shoots to N280/Litre

The slide in the value of the naira against the dollars has caused the price of aviation fuel, known as Jet A1, to skyrocket, Daily Trust checks have shown. The price which stabilized in recent times, selling between N220 to N255 per litre, has increased...

FG Suspends Cattle Transport by Rail

...Why scheme stopped – NIRSAL The Federal Government has suspended transportation of cattle from the Northern part of the country to the South, Daily Trust investigation revealed. The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) that initiated the scheme confirmed to our reporter that...

Mobile Phone Prices Jump by 100%

Prices of mobile phones in Nigeria have jumped by about an average of 100 per cent in the last one year due to skyrocketing inflation in the economy. This formed part of the findings of Daily Trust’s investigation involving asking Nigerians prices of their phones...

EU Grants €70m to Boost Primary Health

The National Primary Health Care Development Agency has launched the start of a European Union-funded project to support maternal, newborn and child health, strengthen health systems and eradicate polio. Parties to the project in Abuja signed up to a grant of €70 million (around N23...

Oil Prices Fall on Concerns Over Iraq, US

Oil prices dipped over concerns that OPEC producers would not be able to maintain their high compliance so far with output cuts aimed at reining in a global fuel supply overhang. Brent crude was trading at $55.83 per barrel at 0800 GMT (3 a.m. ET),...

Militancy Deprived Nigeria of $100bn in 2016 –Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the country lost as much as $100bn in revenue last year as attacks by militants in the oil-rich Niger Delta cut crude output to a record low. Kachikwu, who stated this in his...