Extreme weather events and the escalating impacts of climate change are severely affecting all aspects of socio-economic development across Africa, intensifying hunger, insecurity and displacement, according to the World Meteorological Organisation (WMO) State of the Climate in Africa 2024 report. The findings were unveiled during a high-level meeting convened by the WMO in Addis Ababa,…
Minister of Innovation, Science and Technology, Chief Uche Nnaji, on Wednesday, May 14, 2025, said the Federal Executive Council (FEC) has approved the launch of four satellites to aid Earth observation and the fight against insecurity in the country. Chief Uche NnajiChief Uche Nnaji, Minister of Innovation, Science and TechnologyNnaji said this at the 22nd…
(Ecofin Agency) – • 12.5% of Nigerian youth were NEET in Q2 2024; the government aims to close this gap with practical skills training. Nigeria’s National Board for Technical Education (NBTE), in partnership with the Ministry of Education, has launched a new national training system. Unveiled on May 11 at the Institute of Industrial Technology…
Nigeria’s economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved fiscal position, the World Bank said on Monday, but warned that persistently high inflation remains a challenge.Bold reforms implemented by President Bola Tinubu, including ending costly petrol subsidies, slashing electricity allowances and twice devaluing…
As of May 2025, the price of cooking gas in Nigeria has experienced a notable decline, offering some relief to households and businesses reliant on Liquefied Petroleum Gas (LPG) for cooking and energy needs.Here is the updated cost breakdown based on the new price of ₦1,050 per kilogram:1kg of Cooking Gas: ₦1,050 3kg of Cooking…
Petroleum marketers and fuel retailers have projected a drop in petrol prices to below ₦900 per litre at filling stations across Nigeria, following a fresh price cut by Dangote Refinery.On Monday, the 650,000-barrel-per-day Dangote Refinery in Lekki, Lagos, introduced a ₦10 refund for customers purchasing premium motor spirit (PMS) at ₦835 per litre.This development, reported…
