Here are the latest updates from Nigeria as of March 17, 2025:
Healthcare
Leprosy Treatment Delay: Approximately 3,000 leprosy patients in Nigeria, including 800 children, have been without treatment for a year due to delays in receiving essential multi-drug therapy (MDT). The medications arrived on March 9, 2025, but distribution is still pending. Bureaucratic delays, such as quality verification of drugs from India, contributed to the interruption, increasing the risk of contagion and stigmatization.
Economy
MTN Profit Decline: MTN Group, Africa's largest telecom operator, reported a 69% drop in full-year earnings, primarily due to the devaluation of the Nigerian naira and challenges in Sudan. The currency devaluation led to increased costs and a pre-tax loss of 550.3 billion naira for MTN Nigeria. Despite these setbacks, the company declared a final dividend of 345 cents per share, up from 330 cents previously.
Inflation Rate Decrease: Nigeria's annual headline inflation eased to 23.18% in February, marking the second consecutive month of decline after the National Bureau of Statistics updated its Consumer Price Index base year to 2024 from 2009. Food inflation also fell to 23.51% year-on-year in February from 26.08% in January. This follows a peak in inflation in 2024 due to policy changes under President Bola Tinubu.
Politics
FCT Minister's Residence Safe: The Rivers State Police Command refuted reports that the Port Harcourt residence of the Minister of the Federal Capital Territory (FCT), Chief Nyesom Wike, was attacked and set ablaze by hoodlums, dismissing such claims as false.