Author: Candid Reporters

The National Bureau of Statistics (NBS) on Wednesday revealed that Nigeria’s average inflation rate increased to 34.80% in December 2024.  According to NBS’ consumer price index (CPI), the inflation figure moved from 33.60 percent in November last year.  “In December 2024, the Headline inflation rate was 34.80% from 34.60% in November 2024.Month-on-Month, the Headline inflation rate in December 2024 was 2.44%,” the agency wrote on X. “Food Inflation Rate was 39.84% Year on Year,” it added. Meanwhile, President Bola Tinubu in his 2025 New Year speech promised that his government would reduce the inflation to 15% in coming months. He…

Billionaire businessman Elon Muskhas been sued by the U.S Securities and Exchange Commission over issues related to enforcement actions about his purchase of social media platform X in 2022. According to the New York Times, the SEC is arguing that Mr Musk violated securities laws in his $44 billion acquisition of the company. He is accused of amassing a large stock position in the social media company without filing the proper notification. The commission said Mr Musk failed to file the required disclosure with the SEC until after 11 days had passed, the Times reported, which allowed him to buy…

The Executive Governor of Abia State, Dr. Alex Otti has reaffirmed his commitment to meritocracy as he swears in Benson Ojeikere as Abia State Head of Service. By this approval, Governor Otti has obviously applied his policy of ‘If you live in Abia, You are Abian’. In the spirit of Nation building, the governor has demonstrated the true meaning of ONE NIGERIA as captured in the letters of the National Anthem, ‘Though Tribe and Tongue, May Differ, In Brotherhood We Stand’ as he swore in Edo-born Mr. Benson Ojeikere from the South South Region of Nigeria as the State’s Head…

Following the death of more than 16 civilians and vigilantes who were accidentally bombed during military air strikes in Zamfara last weekend, the Nigerian Air Force says it has commenced investigation. The missiles were launched in Tungar Kara, Zurmi LGA of the state. “The vigilantes were mistaken for bandits, shortly after the bandits had fled the scene,” Zagazola Makama, a counter-insurgency publication focused on the Lake Chad region, quoted an intelligence source as saying. On Sunday, Olusola Akinboyewa, NAF’s director of public relations and information, told newsmen that there was no credible report of civilian casualties during the operation, and…

The Wife of the Governor of Abia State, Mrs. Priscilla Otti, has reaffirmed her commitment to empowering young women and promoting the state’s cultural heritage. This assurance was given during a courtesy visit by Miss Diaspora Nigeria, USA 2024 Top Model, First Runner-Up, and Best Cultural Costume winner, Miss Ugonma Ogbonnaya, at her home in Nvosi on Saturday. Miss Ogbonnaya, an indigene of Abiriba in Ohafia Local Government Area, was warmly received by Mrs. Otti, who congratulated her on her exceptional achievements on the international stage. Mrs. Otti praised her for showcasing Abia’s rich cultural heritage and described her victory…

Abia State Governor, Dr. Alex Otti has assured veterans and serving members of the armed forces that his administration will not take their sacrifices for granted. Governor Otti gave the assurance during the 2025 Armed Forces Remembrance Day Church Service held at Seventh – Day Adventist Church, Aguiyi Ironsi Layout Umuahia. He pledged his administration’s unwavering commitment to honouring their sacrifices and vital role in safeguarding the Nation. The Governor who paid tribute to veterans and serving members of the Armed Forces, acknowledged their sacrifice, bravery and dedication in service to the nation. He also recalled the tragic cases of…

Chief Emma Trumps Eke, the Federal Commissioner representing Abia State at the National Population Commission, has dismissed rumors that the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Kalu, is planning to run for governor of Abia State in 2027. He described the claims, circulating on an obscure blog, as baseless and politically motivated. Chief Eke accused an unnamed “invisible politician” from Igbere of orchestrating the rumors to promote his younger brother’s candidacy for the Bende Federal Constituency seat. He clarified that Rt. Hon. Kalu is focused on strengthening the APC and working to deliver results for the…

Chijioke Chukwu, Former Minority Leader, Abia state House of Assembly, has debunked the speculation that Rt. Hon. Benjamin Kalu, Deputy Speaker House of Representatives is ready to contest for Abia North senatorial seat come 2027. Chukwu who is a close ally of the Deputy Speaker debunked the speculation on Friday during an interview as he also stated that the Deputy Speaker is much occupied and busy with his legislative duties at the House of Representatives. He also explained that it is too early for anyone to think that Rt. Hon Ben kalu would make any hasty decision as regards his…

Chijioke Chukwu, Former Minority Leader, Abia state House of Assembly, has debunked the speculation that Rt. Hon. Benjamin Kalu, Deputy Speaker House of Representatives is ready to contest for Abia North senatorial seat come 2027. Chukwu who is a close ally of the Deputy Speaker debunked the speculation on Friday during an interview as he also stated that the Deputy Speaker is much occupied and busy with his legislative duties at the House of Representatives. He also explained that it is too early for anyone to think that Rt. Hon Ben kalu would make any hasty decision as regards his…

Governor Alex Otti on Friday joined other Southeast governors and prominent Igbo leaders in Enugu for the election of Ohaneze Ndigbo executives. Other Southeast Governors present during the event are; Governor Peter Mba of Enugu State, Governor Hope Uzodimma of Imo, Governor Charles Soludo of Anambra State as well as Ex-Governor Ikedi Ohakim and Senators Chris Ngige, Ben Obi, Victor Umeh and other Igbo dignitaries. Senator John Azuta-Mbata, a former Senator, Rivers East Senatorial District in the Senate was elected the President-General of Ohanaeze Ndigbo Worldwide. Prince Okey Nwadinobi from Abia State was elected the National Deputy President while Chief…