TRAGEDY AVERTED AS 120-YEAR-OLD ANCESTRAL TREE FALLS AT OBOSI MARKET. (PHOTO).#PRESS RELEASE.

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 Tragedy Averted as 120-Year-Old Ancestral Tree Falls at Obosi Market By Chiedu Okoye A major tragedy was averted at Eke Obosi Market in Idemili North Local Government Area of Anambra State after a 120-year-old ancestral tree collapsed, destroying shops and goods but leaving traders and visitors unharmed. The massive tree, estimated to be about 150 feet tall, fell within the market premises, damaging at least 12 shops and valuable merchandise. Residents and traders described the incident as miraculous, noting that no lives were lost despite the extent of the destruction. The fallen tree held significant cultural importance as a sacred symbol of Eke Obosi Market, which is regarded as a stronghold of the traditions and cultural heritage of the Obosi people. Beyond serving as a centre for commercial activities, the market is also known as a venue for communal traditional rites and ceremonies. Eke Obosi Market was recently rebuilt and modernised by renowned businessman, politician and ...
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INFLATION DECLINES FURTHER TO 16.84%.(PHOTO).

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 Inflation declines further to 16.84%


Inflation is projected to moderate further in the near term, supported by sustained exchange rate stability and improved food supplies from the ongoing harvest season, according to the Economic Intelligence Unit of Access Bank Plc.


Headline inflation is expected to ease to 16.84% year-over-year in October 2025, from 18.02% in September, representing a 1.18 percentage point decline. The Consumer Price Index (CPI) is projected to rise by 2.1 points to 129.8 points in October 2025 from the previous month. 


The methodology used by the report entails the application of an autoregressive model using lags of the composite consumer price index (CPI) and a survey-based inflation expectation within the same product definitions adopted by the NBS

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