Repairs to Kara Bridge expansion joints have paralyzed the Lagos-Ibadan Expressway again, with some commuters reaching home after 2 a.m. and engineers questioning past work.
Nigeria has cancelled $717.7m in undisbursed World Bank loan financing for its power sector, after the 2023 currency float upended the programme's reform targets.
Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.
Nigerian insurers will reject claims from policyholders who failed to link their NIN to their policies before the April 30 deadline, the Insurers Committee has said.
Repairs to Kara Bridge expansion joints have paralyzed the Lagos-Ibadan Expressway again, with some commuters reaching home after 2 a.m. and engineers questioning past work.
A seven-vehicle crash at Kara Bridge left motorists on the Lagos-Ibadan Expressway trapped for more than 14 hours on Tuesday, with fares tripling on the route.
Aliko Dangote says petrol remains expensive despite local refining because his refinery buys crude at global prices, but promises Nigeria will face no shortages.