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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.

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.

Nigeria’s Economy Grows by 4.07% in Late 2025

KEY POINTS Nigeria’s economy grew 4.07% in Q4 2025, higher than 3.76% in Q4...

Nigeria’s Inflation Battle Intensifies as MPC Meets

Nigeria's inflation battle intensifies as the MPC meets to decide on measures to curb rising prices. Key areas include interest rates, currency stability, and food security.

Civil Society Groups Back Nigerian Bank Recapitalization Plans

Nigerian civil society groups support the government's plan to strengthen banks through recapitalization. The move aims to boost the economy by creating healthier banks that attract investors. However, concerns linger about potential resistance efforts, highlighting the need for transparency and collaboration.

Nigeria Issues N8 Trillion in Treasury Bills to Boost Economy

In a bid to bolster the country's economy, Nigeria has issued a staggering N8...

Nigerian Officials Vow to Crack Down on Oil Theft in Niger Delta

Nigerian officials are working together to tackle oil theft and pipeline vandalism in the Niger Delta, hoping to boost oil production and strengthen the country's economy.

Naira Gains Put Spotlight on Petrodollar Inflow

In a striking turn of events, Nigeria's currency, the naira, has experienced a noteworthy...

Stronger Naira Fails to Alleviate Food Insecurity Woes

Despite the recent strengthening of Nigeria's currency, the Naira, against the US dollar, many...

Presidency Forecasts Enhanced Investor Confidence with Naira Performance

The Presidency in Nigeria has expressed optimism regarding the performance of the Naira, projecting...

Nigeria’s Foreign Exchange Reserves Hover Near Two-Month Low at $33.36 Billion

Nigeria's foreign exchange reserves are approaching a two-month low, standing at $33.36 billion, signaling...

Nigeria Defends Accepting Grains from Ukraine Amid Crisis

Nigeria has defended its decision to accept grains from Ukraine, a country that is...

CBN Clears $400 Million FX Backlog in One Week

The Central Bank of Nigeria (CBN) has cleared an additional $400 million of foreign...

Tinubu’s Government Under Fire from Makinde Over Hardship

Nigeria's President Bola Tinubu is facing criticism from one of his main opponents, Governor...

Latest articles

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.

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.

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...

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.