BUA Group Chairman, Abdul Samad Rabiu calls for shift from extraction to value addition
The Chairman of BUA Group, Abdul Samad Rabiu, has called for a major shift in Nigeria’s economic strategy, urging the country to move away from raw material extraction and focus more on value addition. He said Nigeria must begin processing its natural resources locally instead of exporting them in their raw form. Rabiu explained that […]
Naira continues to appreciate against US dollar as CBN directs FX sales to BDCs
The Nigerian naira has continued to gain value against the United States dollar following a new directive from the Central Bank of Nigeria (CBN). The apex bank instructed authorised dealers to sell foreign exchange to Bureau De Change (BDC) operators in a move aimed at improving dollar supply in the retail market. Financial analysts say […]
Police confirm kidnap of 14 passengers in Benue
The Benue State Police Command has confirmed the kidnapping of 14 passengers by unknown gunmen. The incident reportedly occurred along a major road in the state, causing fear among residents and travelers in the area. According to police sources, the victims were travelling in a commercial vehicle when they were intercepted by armed men. The […]
LP raises alarm over alleged plot to rig Ebonyi LG polls, vows fierce resistance
The Labour Party, LP, has raised serious concerns over what it described as a plan to manipulate the forthcoming local government elections in Ebonyi State. The party warned that any attempt to undermine the will of voters would be strongly resisted. In a statement issued by party officials, LP accused unnamed political actors of making […]