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The Nigeria Customs Service (NCS) Area One Command in Port Harcourt, Rivers State, has recorded a revenue of N57.4 billion in the first seven months of the year. This revenue exceeds the previous year's earnings by 10.6%. Comptroller Chedi Wada highlighted the efforts made to combat smuggling activities and emphasized the need to seize falsely declared containers and prosecute offenders.
Nigerian police have arrested 67 individuals attending a gay wedding, marking one of the largest mass detentions related to homosexuality in the country. The arrests took place in Ekpan, in the southern state of Delta, where same-sex marriage is illegal. This incident reflects the deeply ingrained homophobia that persists in Nigeria, despite international criticism of its anti-LGBT laws.
Police in Nigeria detained at least 67 people celebrating a gay wedding, one of the largest mass detentions targeting homosexuality in the country. The arrests were made in southern Delta state, where same-sex relationships are outlawed. Amnesty International condemned the arrests, emphasizing the need to end this witch-hunt and highlighting how the law is being used for harassment and blackmail. Nigeria is one of several African countries with laws criminalizing same-sex relationships, demonstrating the challenges faced by the LGBTQ+ community in the region.
Nigerian police detain 67 individuals attending a same-sex wedding in a renewed crackdown on LGBTQ rights. The arrests highlight the ongoing discrimination faced by the LGBTQ community and the controversial Same Sex Marriage Prohibition Act in Nigeria.
Flour Mills of Nigeria PLC, a leading conglomerate in Nigeria's food industry, has reported a loss before taxes of N9.34 billion for the first quarter ended June 30. The company cited a foreign exchange loss of N22.5 billion as a significant factor in the decline of operating profit. Despite the loss, FMN PLC experienced strong revenue growth and an increase in gross profit. The Agro-Allied business segment showed a significant increase in revenue and profit, while the Food segment saw a substantial jump in revenue but sustained a loss.
The Nigerian police have arrested at least 67 individuals attending a gay wedding, marking one of the largest mass arrests related to homosexuality in the country. Homosexuality is criminalized in Nigeria, with penalties of up to 14 years in prison. The incident has sparked outrage and calls for LGBTQ+ rights reform in the country.
The Nigeria Hydrological Services Agency (NIHSA) has confirmed that the Cameroonian authorities have ceased the spilling of excess water from the Lagdo Dam. The NIHSA Director General emphasized that there is no cause for concern regarding possible flooding in the country. He explained that flood occurrences in certain areas are primarily due to climate change and excessive rainfall. The release of water from the Lagdo Dam is a regular reservoir operation to avoid any potential collapse of the dam. The NIHSA urges relevant authorities to take responsibility for flood preparedness and prevent construction on flood plains. The agency will continue to monitor water flows in rivers Niger and Benue to ensure the safety of adjacent communities.
Nigeria police have arrested at least 67 individuals who attended a gay wedding in one of the largest mass detentions against homosexuality in the country. This incident highlights the ongoing suppression of LGBTQ+ rights in Nigeria, where same-sex marriage is prohibited and carries severe penalties.
The traditional ruler and stakeholders of Ogurugu community in Enugu State have pledged their support and donation of land for the proposed naval base in the area. The community believes that the naval base will boost the local economy, attract investors, and provide necessary amenities. The committee led by the Deputy Governor of Enugu State, together with a representative from the federal government, visited the community and received a warm welcome. The proposed naval base is expected to have a positive impact on the lives of the people and enhance the economy of the region through agricultural expansion.
The President of the Nigeria Cassava Growers Association (NCGA) has called for the establishment of a Cassava Development Commission in Nigeria to transform cassava into a vital economic crop. The commission would design a comprehensive Cassava Development Agenda and require strong political will from the government to succeed. The NCGA president also highlighted the need to differentiate between cassava for food security and cassava for industrial use. Furthermore, he emphasized the imperative of involving the youth in modern farming techniques and making agriculture attractive as a career prospect.
A recent report by the Centre for the Promotion of Private Enterprise reveals that Nigeria's oil refining, crude petroleum, and gas sectors have fallen into recession during the first half of the year. The report attributes this decline to various factors such as inflation, exchange rate volatility, energy costs, insecurity, and the political economy of the oil and gas sector. The report also highlights other sectors that experienced growth and those that slowed down during the same period.
GCR Ratings has revised Leadway Assurance's financial stability rating to AA+(NG) from AA(NG) in their latest report. This upgrade reflects the insurer's consistent performance and robust creditworthiness in meeting financial commitments. Leadway's impressive growth in premium collection and strong capital base have contributed to its upgraded rating.
Nigeria's average oil production dropped by 14.69% to 1.22 million barrels per day in the second quarter of 2023, according to the Nigerian Bureau of Statistics (NBS). This decrease in oil production also had a negative impact on the growth of the oil sector, with a contraction of 13.43% in Q2 2023. On the other hand, the mining and quarrying sector saw some positive growth, driven by Metal Ores and quarrying activities.
Nigerians have taken to Twitter to criticize Minister of Finance, Wale Edun, for blaming past governments on the current state of the economy. Many argue that the ruling party should take responsibility for its own actions, while others question why Edun would make such remarks considering the bad economy was inherited from the same political party. This article delves into the public's reaction to Edun's statement and highlights the ongoing blame game surrounding the state of Nigeria's economy.
Nigerians have taken to Twitter to express their criticism towards the Minister of Finance, Wale Edun, after he blamed past governments for the current state of the economy. Many users questioned the consistency of government leaders in shifting blame and expressed skepticism towards the ruling party's ability to revive the economy. The online backlash highlights the frustrations of Nigerians towards the continuous economic challenges the country faces.
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