Generated Oct 19, 06:00 WAT
Energy sector stakeholders called for greater investment to improve reliable energy security, describing it as a foundation for digital inclusion. The discussion took place at an engineering conference in Port Harcourt, where Oilserv Group chairman Emeka Okwuosa was conferred as a Fellow.
The Nigeria Customs Service and customs administrations in Benin and Cameroon are partnering with Afreximbank on a regional border modernisation programme. The initiative aims to improve cross-border trade, customs procedures and infrastructure, and advance the African Continental Free Trade Area.
Nigeria’s imported food price index rose 9.19% year on year in September 2026 to 135.5, based on calculations using the latest National Bureau of Statistics data. The annual growth rate was its slowest since March, down from the index level of 124.1 in September 2025.
The Federal Government ruled out restoring fuel subsidies and multiple exchange rates, reaffirming its commitment to economic reforms. Finance Minister Taiwo Oyedele said the government aims to turn stabilisation gains into investment, economic growth and job creation.
The Pharmacy Council of Nigeria sealed 722 pharmaceutical premises in Bauchi State after a four-day enforcement exercise. The report says only 43% of inspected pharmacies met required standards.