Special Reports

Friday, 18 April 2025 04:39

Brown rice far worse than white rice when it comes to toxins, study finds

While white rice is still the most popular among consumers, brown rice is often praised for its nutritional benefits. A new study, however, raises concerns about brown rice containing a higher level of arsenic than white rice. The study was led by Michigan State University and published in the journal Risk Analysis. Rice traditionally has its inedible outer hull removed. Brown rice gets its color from the bran and germ layer of rice, according to Healthline. White rice is the same grain with the hull, bran layer and cereal germ removed — leaving only the soft, white interior. The bran…

Wednesday, 16 April 2025 03:38

Half of Nigerians spend entire income on food as Tinubu’s economic policies bite deeper - Report

A devastating new report reveals that 50.1 percent of Nigerians now spend virtually their entire monthly income just to put food on the table, highlighting the crushing economic hardship facing ordinary citizens under President Bola Tinubu's administration. The Nigerian Consumer Outlook Report, which surveyed over 7,000 Nigerians across all six geo-political zones, paints a grim picture of a population struggling to survive amid soaring inflation and punishing economic reforms. The report, conducted by Lagos-based SEID, exposes the harsh reality that more than half of Nigerians earn less than N100,000 monthly, revealing the severe income inequality and financial strain that has…

Wednesday, 09 April 2025 05:04

Nigeria's economic crisis deepens as oil price crash threatens FG’s 2025 budget

Global oil prices plummeted to four-year lows Wednesday, with Brent crude crashing 3.4% to $60.69/barrel and WTI falling 4% to $57.22, as the U.S. imposed 104% tariffs on Chinese imports - a move that could cripple Nigeria's oil-dependent economy already reeling from production shortfalls and stalled reforms. Trade War Triggers Market Collapse The tariff escalation between the world's top two economies has sparked fears of a global recession, with Rystad Energy warning China's oil demand growth could drop by 100,000 barrels daily. The crisis compounds existing market pressures after OPEC+'s decision to increase output by 411,000 bpd in May. Goldman…

Friday, 04 April 2025 04:29

What to know about Trump's 'Liberation Day' tariffs

President Donald Trump announced his latest plan for tariffs on Wednesday afternoon during an event at the White House Rose Garden, which he said is going to focus on imposing reciprocal tariffs on U.S. trading partners. Trump's "Liberation Day" tariff announcementcomes after the conclusion of the trading day for U.S. financial markets, which have been rattled by uncertainty over tariffs in recent weeks. The S&P 500 is down about 3.9% year to date and the benchmark index's gains since Trump's election in November have been erased amid concerns about a widening trade war. "April 2nd, 2025, will forever be remembered…

Thursday, 03 April 2025 02:43

'If you’re under 40, leave the UK': Viral video sparks debate over wealth exodus

Can anyone actually afford to live in the UK anymore? That’s the burning question posed by social media influencer Prudishfish in a now-viral video that has set off a storm of discussions about the country's economic future. Her blunt advice to young people—"If you're under 40, leave the UK"—has struck a chord with thousands, igniting debates on social media about rising costs, declining quality of life, and an exodus of the wealthy. Millionaires Are Leaving—Should You? In the video, Prudishfish highlights a troubling trend: a staggering 10,800 millionaires left the UK in 2024 alone, making it the second-highest wealth outflow…

Wednesday, 02 April 2025 04:32

Single cigarette takes 20 minutes off life expectancy, study finds

Smokers are being urged to kick the habit for 2025 after a fresh assessment of the harms of cigarettes found they shorten life expectancy even more than doctors thought. Researchers at University College London found that on average a single cigarette takes about 20 minutes off a person’s life, meaning that a typical pack of 20 cigarettes can shorten a person’s life by nearly seven hours. According to the analysis, if a smoker on 10 cigarettes a day quits on 1 January, they could prevent the loss of a full day of life by 8 January. They could boost their…

Tuesday, 18 March 2025 04:48

FG’s CNG policy under strain as many vehicles convert to gas, but with too few stations to fill up

Monday, 17 March 2025 04:38

Youth Corps member, who lost her dad at 19, complained about hardship in viral video, faces threats from govt officials. This is her story

Ushie Rita Uguamaye, a National Youth Service Corps (NYSC) member serving in Lagos, has become a symbol of the struggles faced by ordinary Nigerians under the administration of President Bola Tinubu. Her viral TikTok video, in which she openly criticized the government for its handling of the country’s economic crisis, has sparked a wave of sympathy and outrage after she alleged receiving threats from NYSC officials and the Lagos State government. In her emotional video, Rita expressed her frustration with the rising cost of living, which has made it nearly impossible for her to survive on her meager NYSC allowance.…

Wednesday, 12 March 2025 04:39

Nigeria’s life expectancy is 19 years lower than global average. Here’s why it might get worse in the coming years

The 2024 State of the Nation Report has revealed that Nigeria’s life expectancy remains critically low at 54.6 years, significantly below the global average of 73.3 years. This is a stark difference of 18.7 years. The report, released on Tuesday in Abuja, highlights the devastating interplay of economic hardship, widespread insecurity, and inadequate healthcare infrastructure as key factors driving this alarming statistic. Against the backdrop of President Bola Tinubu’s economic policies, which have exacerbated hunger and poverty, the report underscores the urgent need for systemic reforms to address the nation’s deepening crises. Economic Policies and Rising Poverty President Tinubu’s administration…

Tuesday, 11 March 2025 04:48

Global devt experts gathered for the 2025 Ọbafẹmi Awolọwọ memorial webinar. Here’s the consensus from the conference

March 6, 2025 – The 2025 Ọbafẹmi Awolọwọ Memorial Webinar, themed “Our 21st Century World: Reflections and Projections,” brought together a distinguished gathering of thought leaders, policymakers, and academics from around the world to reflect on the challenges and opportunities shaping the 21st century. Held on March 6, 2025, the event was chaired by former South African President Thabo Mbeki and featured keynote speaker Jeffrey Sachs, a globally renowned economist and sustainable development expert. The webinar, organized by the Ọbafẹmi Awolọwọ Foundation, aimed to honor the legacy of Ọbafẹmi Awolọwọ, a visionary leader whose commitment to knowledge-driven leadership, economic self-reliance,…

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Sunday, 09 March 2025 04:34

From 24.9m Nigerians currently suffering hunger, 30.6m at risk of starvation by August, Report warns

A recent report by the Cadre Harmonisé (CH) on Acute Food and Nutrition Insecurity has projected that 30.6 million people across 26 states and the Federal Capital Territory (FCT) will face a food crisis between June and August 2025. The report, conducted by federal and state governments with support from the Food and Agriculture Organization (FAO) and other development partners, highlights that this figure includes 150,978 Internally Displaced Persons (IDPs). Currently, an estimated 24.9 million people, including 116,765 IDPs, are already experiencing a food crisis, a situation that could worsen by May 2025. The CH analysis warns that during the…

Thursday, 06 March 2025 04:38

Solar adoption surges amid Nigeria’s power crisis and rising tariffs

As Nigeria grapples with a failing public power supply, skyrocketing electricity tariffs, and the looming threat of further tariff hikes, solar energy adoption has surged, driven by the urgent need for reliable and affordable energy solutions. Experts in the renewable energy sector have highlighted a significant increase in solar adoption over the past two years, attributing the trend to the deteriorating state of the national grid, rising fuel costs, and shifting public perception toward sustainable energy. The recent announcement by Nigeria’s Minister of Power, Adebayo Adelabu, regarding plans to increase electricity tariffs for Band B, C, D, and E customers…

Thursday, 13 February 2025 04:43

NDLEA reports 14m Nigerians indulge in drug abuse

The National Drug Law Enforcement Agency (NDLEA) has revealed that approximately 14 million Nigerians are estimated to be involved in the abuse of harmful substances. This alarming statistic was shared by Yetunde Joyifous, Deputy Commander of the NDLEA, during an awareness program organized by the Oijefon Youth Council for secondary school students in Ile Oluji/Oke-Igbo Local Government Area of Ondo State on Wednesday. Joyifous emphasized that tackling the issue of drug abuse requires a collective effort from all members of the community. She highlighted that the most commonly abused substances are chemical drugs, which have detrimental effects on the mental…

Sunday, 09 February 2025 04:35

Following Lagos pattern, 5 federal institutions already named after Tinubu, Daily Trust reports

A wave of criticism has trailed the recent naming of a newly constructed army barracks in Asokoro, Abuja, after President Bola Ahmed Tinubu, bringing the number of institutions named after him to five since he assumed office in May 2023. The Bola Ahmed Tinubu Barracks, inaugurated on January 23, 2025, comes shortly after the federal government approved the establishment of Bola Ahmed Tinubu Polytechnic, Gwarinpa, also in Abuja, to promote technological, vocational and entrepreneurial education. The trend, according to findings, began 11 months ago when the Niger State Government in March 2024 renamed the Abubakar Imam International Airport in Minna…

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