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Author: Joy Ananias
Indigenes and property owners in Ado-Odo, within Ado-Odo/Ota Local Government Area, have sounded the alarm over intensified clay mining operations. They warned that the excavations now pose significant environmental and safety risks to residents. Under the Ado-Odo Progressive Union, community members accused a mining firm of reckless excavation practices. They alleged that operators dig dangerously close to homes, farms, and access roads. Consequently, the activities have left behind massive water-filled pits across the area. During a recent visit, residents described the excavation scale as disturbing and excessive. Akeem Alagbe explained that earlier protests compelled government officials to intervene. Similarly, Tajudeen…
FC Bayern Munich strengthened their Bundesliga title charge with a narrow 3-2 victory. They defeated Eintracht Frankfurt in an intense encounter. Harry Kane delivered another standout performance for the champions. He scored twice to secure all three points. Consequently, Bayern moved nine points clear at the summit. Midfielder Aleksandar Pavlovic opened the scoring early. He capitalised on a defensive lapse with a low strike. Shortly after, Kane doubled the advantage with a close-range header. The England captain struck again after the break. He placed a precise effort inside the post. However, momentum shifted late in the second half. Kane conceded…
Nigeria’s total public debt rose to N153.29tn by September 2025. The Debt Management Office confirmed the increase in new data. The figure reflects steady growth within three months. Previously, total debt stood at N152.40tn in June 2025. Therefore, the country added N893.87bn quarter-on-quarter. In dollar terms, debt increased from $99.66bn to $103.94bn. This represents a $4.28bn rise during the period. External debt reached $48.46bn in September. It accounted for 46.63 percent of total public debt. Meanwhile, domestic debt climbed to N81.82tn. Domestic borrowings represented 53.37 percent of the debt stock. Multilateral institutions remained Nigeria’s largest external creditors. The World Bank…
The MOFI Real Estate Investment Fund recorded a Net Asset Value of N270.29bn in 2025. This figure reflects steady growth from N261.83bn in early fourth quarter. The fund demonstrated resilience despite economic headwinds. According to its Q4 investor report filed with Nigerian Exchange Limited, performance remained strong. The fund operates under a N1tn shelf programme structure. Additionally, regulators approved it under Securities and Exchange Commission guidelines. The fund began operations in March 2025. It followed full subscription of its N100bn Series 2 issuance. For the ten-month reporting period, total income reached N36.54bn. Interest income from loans and instruments drove earnings…
Nollywood actress and physiotherapist Jemima Osunde has shared her emotional healthcare experience. She reflected on the psychological weight of frontline hospital duties. During the COVID-19 pandemic, she worked intensely in clinical settings. Consequently, she witnessed suffering almost every day. She described absorbing patients’ pain like a sponge. The constant exposure deeply affected her mental wellbeing. She revealed these details during an interview conversation. The discussion featured rapper and activist Falz. Media platform House21TV published the clip on Instagram. Osunde explained that balancing academics and clinical work proved overwhelming. At the time, she managed demanding school responsibilities. Additionally, she handled intensive…
Food prices increased sharply across major Nigerian markets this week. Traders reported fresh hikes in rice, garri, beans, and tomatoes. Consequently, many households now struggle to maintain daily meals. Market surveys in Lagos and Abuja show rising demand. However, supply chains remain unstable due to transport costs. Fuel prices continue affecting distribution nationwide. Experts blame currency volatility and production challenges. Meanwhile, farmers cite insecurity and climate pressures reducing harvest volumes. Consumers have adjusted spending habits quickly. Many families now purchase smaller food portions. Others substitute protein with cheaper alternatives. Economists urge government intervention immediately. They recommend strategic food reserves and…
The Federal Government FG announced new power sector reforms today. Officials aim to improve electricity generation and distribution nationwide. Therefore, consumers may experience gradual service improvements. Authorities plan to attract fresh private investments. They promise stricter oversight of distribution companies. Power outages continue affecting businesses nationwide. However, officials insist reforms will address infrastructure gaps within twelve months. Energy analysts welcomed the announcement cautiously. Nevertheless, they stressed implementation remains critical. Small business owners demand immediate relief measures. Many rely heavily on expensive diesel generators, increasing operational costs. The federal government FG proposes renewable energy expansion nationwide. Solar projects may power rural…
Lagos State expanded its digital innovation hubs this week. Officials aim to empower youths with relevant technology skills. The program targets software development and digital marketing. Additionally, it supports startup incubation and mentorship opportunities. Unemployment remains a pressing concern nationwide. However, technology offers alternative income opportunities for many young Nigerians. State authorities partnered with private technology firms. They promise practical training and internship placements. Participants will access modern equipment and high-speed internet. Consequently, productivity levels should increase significantly. Tech entrepreneurs welcomed the initiative enthusiastically. They believe innovation drives sustainable economic growth. Investors show increasing interest in local startups. Youth advocates…
Nigeria’s Healthcare investors increased funding commitments this quarter. Private hospitals announced expansion projects across several Nigerian states. Government officials pledged stronger primary healthcare support nationwide. They aim to improve rural medical access significantly. Medical professionals highlight equipment shortages across facilities. However, recent partnerships promise modern upgrades and improved service delivery. Pharmaceutical companies plan local manufacturing expansion. Consequently, medicine imports may reduce gradually. Health experts emphasize preventive care awareness campaigns. They argue early diagnosis lowers long-term treatment costs substantially. Patients continue facing high medical expenses. Insurance coverage remains limited across many states. Policy analysts recommend broader health insurance enrollment nationwide. Digital…
Fuel distribution improved across several Nigerian states this week. Long queues reduced significantly in major urban centers. Marketers confirmed better depot supply coordination and fuel distribution. Additionally, transport logistics operated more efficiently nationwide. Previously, shortages disrupted commercial activities. However, authorities intervened with monitoring mechanisms to prevent hoarding. Industry stakeholders credited improved refinery output levels. They acknowledged smoother port clearance processes. Transport operators welcomed reduced waiting times. Consequently, transport fares stabilized moderately across cities. Energy experts advise maintaining transparent supply data. Consumers remain cautious despite recent improvements. Government officials promised continued market surveillance. If coordination continues, fuel scarcity fears may decline…