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Nigerians cut household spending by N14tn as inflation bites hard

Household consumption in Nigeria slumped sharply in real terms in 2024 as rising prices eroded the purchasing power of millions of families, according to provisional figures from the Central Bank of Nigeria’s latest statistical bulletin. Data on Gross Domestic Product by expenditure showed that household final consumption expenditure at 2010 constant purchasers’ prices fell from...
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ZACCIMA Divided Over Alleged Zamfara Govt’s Interference

The Zamfara State Chamber of Commerce, Industry, Mines and Agriculture (ZACCIMA) has been factionalised following the state government’s intervention in the chamber’s affairs. Addressing reporters in Gusau yesterday, ZACCIMA Director-General Muhammad Tsafe said they had already conducted an election in accordance with the constitution of the chamber before he was suddenly asked to stop announcing...
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CIG Motors Sacks Director, Refers Case To EFCC

CIG Motors Company Limited has dismissed its Executive Director, Jubril Arogundade, following an internal investigation into alleged financial misappropriation. In a statement, the company said Mr. Arogundade’s appointment was terminated following the conclusion of a “comprehensive internal governance review.” According to the statement: “Mr. Arogundade was placed on suspension and subjected to a structured internal...
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Osun LG Crisis: APC Attacks Adeleke

The All Progressives Congress (APC) has criticised the Osun State Government for allegedly attempting to procure court orders on issues already decided by the Supreme Court. Addressing a press conference yesterday in at the party secretariat in Osogbo, Osun APC spokesman Kola Olabisi alleged that the state government had planned to return to the courts...
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AAU Ekpoma Disowns Students Over Protest

The management of Ambrose Alli University (AAU), Ekpoma, Edo State, yesterday disowned students who participated in a protest against incessant kidnappings in the area. Angry students and youths in Ekpoma, had earlier staged a peaceful protest over alleged incessant kidnappings in the area. The protesters said the demonstration aimed to draw the attention of the...
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Abdulrazaq Flags Off APC E-Registration In Kwara

Kwara State Governor, AbdulRahman AbdulRazaq, has flagged off the eregistration and revalidation of membership for the All Progressives Congress (APC) in the State. The governor, who was documented as the first registrant of the party in the State, said the exercise is designed to strengthen the party and ensure accurate membership tally for planning. He...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...