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Truck Crash Forces Otedola Bridge Closure in Lagos

A crash involving two container trucks shut Otedola Bridge, halting traffic and forcing officials to redirect motorists through alternative Lagos routes.

NGX Nears N98 Trillion as Santa Rally Lifts Stocks

Nigerian stocks surged in a Santa rally, lifting market value close to N98 trillion as investors pocketed more than N953 billion in gains.

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Nigerian Investors Lose Over N1.3 Trillion as Digital Trading Platform CBEX Collapses

KEY POINTS CBEX, a digital trading platform, collapsed after allegedly defrauding Nigerian investors of...

FAAC Allocates N1.6 trillion to FG, States, LGs

FAAC allocates N1.578 trillion to the Federal Government, States, and Local Government Councils, based on the revenue for March 2025.

Businessman Sentenced, Wristwatch Forfeited For Refusing Naira

Uzondu Chimaobi sentenced to four years in prison for refusing to accept Naira as payment, violating Nigerian law on legal tender.

Guinea Invites Nigerian Businesses to Invest in $20bn Projects

Guinea invites Nigerian businesses to invest in $20bn mega projects, focusing on mining and infrastructure, to strengthen bilateral ties and economic collaboration.

FG Forms Panel to Assess Economic Impact of US Tariffs

The Nigerian government establishes a subcommittee to evaluate the economic effects of US tariffs, particularly concerning oil prices and foreign investment.

Nigeria’s Crude Oil Production Drops to Record Low

KEY POINTS Nigeria's crude oil production dropped to 1.603 million barrels per day in...

Dangote Refinery Cuts Petrol Price to ₦865

KEY POINTS Dangote Refinery reduced petrol prices to ₦865 per litre, citing improved supply...

FG, AfDB Launch Special Agro-Industrial Zones Plan in Cross River

FG and AfDB launch SAPZ in Cross River, aiming to transform agriculture and create jobs while ensuring food security across Nigeria

Nigeria Partners with Chinese Firm on $328 Million Deal to Strengthen National Power Transmission Grid

KEY POINTS The Nigerian federal government has signed a $328.81 million contract with China...

WTO Chief Warns US-China tariff War Could Slash Trade

WTO chief Okonjo-Iweala warns that the US-China tariff war could reduce trade by 80%, posing a significant threat to the global economy and global GDP.

Adesina Applauds Kaduna’s Launch of Agro-Industrial Zone

Akinwumi Adesina celebrates Kaduna's launch of Nigeria's first agro-industrial zone, a step toward transforming agriculture and boosting local economy

Passengers Lament Fare Hikes Despite Fuel Price Cuts

Nigerians are frustrated with rising transport fares despite fuel price cuts and the introduction of CNG, citing exploitation by transport unions and government inaction.

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Truck Crash Forces Otedola Bridge Closure in Lagos

A crash involving two container trucks shut Otedola Bridge, halting traffic and forcing officials to redirect motorists through alternative Lagos routes.

NGX Nears N98 Trillion as Santa Rally Lifts Stocks

Nigerian stocks surged in a Santa rally, lifting market value close to N98 trillion as investors pocketed more than N953 billion in gains.

Air Peace To Shift Regional Flights To Daytime Operations In 2026

Air Peace plans to move regional flights to daytime operations and expand Africa routes by early 2026 to improve connectivity and passenger convenience.

7 Most Visited Countries During Christmas as Holiday Travel Peaks

As Christmas approaches each year, international travel surges. Europe’s historic cities and warmer destinations across the Americas consistently rank among the most visited countries during Christmas due to culture, tradition and seasonal appeal.