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Lagos-Ibadan Expressway: Motorists trapped for 14 hours after seven-vehicle crash at Kara Bridge

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.
News

Aliko Dangote explains why petrol stays expensive despite local refining

Aliko Dangote says petrol remains expensive despite local refining because his refinery buys crude at global prices, but promises Nigeria will face no shortages.
News

Nigeria’s Central Bank Cuts Customs Duty Rate Following Lawmakers’ Order

Nigeria’s Central Bank (CBN) has reduced the exchange rate for computing customs duties at...
Business

Nigeria’s Central Bank Refuses to Settle $2.4 Billion of Fraudulent FX Claims

Nigeria’s Central Bank (CBN) has announced that it will not pay off $2.4 billion...
News

Nigeria’s Forex Crisis Eases as Central Bank Clears Backlog

Nigeria’s central bank has cleared the backlog of foreign exchange liabilities of 14 banks...
Business

Nigeria’s New Central Bank Chief Promises to Tame Inflation and Stabilise Naira

Nigeria’s newly appointed central bank governor, Olayemi Cardoso, has vowed to curb the soaring...
Politics

Senate Advances Bills to Prevent Central Bank Leaders from Entering Politics

The Nigerian Senate has taken significant steps towards barring the governor of the Central...
Business

Naira Plummets to All-Time Low as Dollar Scarcity Bites Harder

The Nigerian naira has hit a record low on the unofficial market as the...

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News

Lagos-Ibadan Expressway: Motorists trapped for 14 hours after seven-vehicle crash at Kara Bridge

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.
News

Aliko Dangote explains why petrol stays expensive despite local refining

Aliko Dangote says petrol remains expensive despite local refining because his refinery buys crude at global prices, but promises Nigeria will face no shortages.
News

LASUTH resident doctors launch indefinite strike over 25 months of unpaid allowances

Key points The LASUTH Association of Resident Doctors declared an indefinite strike from 8...
News

Aliko Dangote says N2.2 trillion refinery IPO will democratize wealth creation

Aliko Dangote says the N2.2 trillion Dangote refinery IPO will democratize wealth creation by giving Nigerians and global investors a stake in Africa's largest refinery.