Think-tank Projects Inflation Drop To 17% By December, Predicts MPC Rate Cuts

The Independent Media and Policy Initiative (IMPI),  a Nigerian policy think-tank, has projected that Nigeria’s headline inflation will fall to 17 per cent by December. The IMPI Chairman, Dr Omoniyi Akinsiju, in a statment on Wednesday, said the projection would be recorded, following consecutive declines that brought the figure down to 20.12 per cent in August. Akinsiju…

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PDP Prepares For Ibadan Convention Amid Unity Calls And Leadership Tensions

Nigeria’s opposition Peoples Democratic Party (PDP) has named a 119-member committee to organise its national convention in November, warning against attempts to undermine the exercise. The convention committee, inaugurated in Abuja on Tuesday by Acting National Chairman Umar Damagum, will be led by Adamawa State Governor Ahmadu Fintiri, with Osun State Governor Ademola Adeleke as…

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NAFDAC Warns Of Escalating Drug Resistance, Urges Responsible Antimicrobial Use

Nigeria’s top drug regulator has warned that the misuse of antimicrobials in hospitals, agriculture and food production threatens global health security, urging immediate action to prevent a future where common infections become untreatable. Marking the 2025 World Antimicrobial Awareness Week (WAAW), NAFDAC Director-General Prof. Mojisola Adeyeye said the misuse of antibiotics and related drugs is…

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NUPRC Launches 2025 Licensing Round To Boost Oil Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the start of the 2025 Licensing Round, effective Dec. 1, 2025, following approval from President Bola Tinubu, who also serves as Minister of Petroleum Resources. NUPRC Chief Executive, Gbenga Komolafe, made the announcement at the Project One Million Barrels Per Day (1MMBOPD) Additional Production Investment Forum…

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