Rising Food Imports Expose Weak Local Capacity — Report
Food and beverage imports increased to N677.3bn in the first half of 2025, a 44.48 per cent rise from N468.76bn in the same period of 2024, calling for stronger government support to enhance local industry capacity...
Inflation Falls to 18.02% as Food, Logistics Costs Ease
Nigeria’s inflation rate fell sharply to 18.02% in September, marking its biggest decline in recent years, driven by lower food prices, a more stable naira, and reduced logistics costs that eased pressure on household spending.
The National...
As the country raises its flag for 65 years, the noble theme: “All Hands-on Deck for a Greater Nation,” filled the air. Yet, standing here, speaking from the streets, markets, classrooms, one can only wonder whose hands are being summoned this time around.
Nigerians spent about N242.68bn on the importation of solar panels in the first half of 2025, underscoring the country’s sustained demand for renewable energy solutions even as the Federal Government intensifies efforts to boost local production.
How 20 Governors Borrowed N458bn Amid Rising Debts
No fewer than 20 states of the federation borrowed about N458bn in the first half of 2025, findings have revealed.
This comes against the backdrop of a soaring external debt servicing burden gripping state governments.
Collectively, the states spent...
