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CNG rollout: States race to cut transport fares before Oct. 1 as queues and N1 million conversion costs bite

Nigerian states are racing to cut transport fares through CNG before Oct. 1, but long queues and conversion costs of up to N1 million are slowing operators.
News

Nigeria flood alert: 8,000 communities and 4,500 schools in 15 states at risk this week

Nigeria's hydrological agency warns that more than 8,000 communities and 4,500 schools across 15 states face flooding between Sept. 19 and 25 as rivers rise.
News

Naira Soars Below N1,600: A Glimmer of Economic Hope

The Nigerian Naira is showing promising signs of recovery, with its value appreciating to...
News

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...
News

CBN Bans Cash Payout for Travel Allowances

The Central Bank of Nigeria (CBN) has announced a new policy that prohibits authorized...
News

Naira Surges as Nigeria’s Central Bank Unifies Exchange Rates

Nigeria's naira soared by more than 27 percent against the US dollar on Monday,...
News

Nigeria’s Economy Faces Severe Pressure as Business Activity Shrinks

Nigeria, Africa’s largest economy, is facing a serious economic crisis as its business activity...
Business

CBN Initiates New Measures to Stabilize Nigeria’s Forex Market

Nigeria's Central Bank (CBN) has unveiled fresh strategies aimed at bolstering the Naira, which...
Business

Fuel Price: Uncertainty as Crude Oil Climbs to $93.50

Recent spikes in the global crude oil price have instilled anxiety among Nigerians regarding...

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CNG rollout: States race to cut transport fares before Oct. 1 as queues and N1 million conversion costs bite

Nigerian states are racing to cut transport fares through CNG before Oct. 1, but long queues and conversion costs of up to N1 million are slowing operators.
News

Nigeria flood alert: 8,000 communities and 4,500 schools in 15 states at risk this week

Nigeria's hydrological agency warns that more than 8,000 communities and 4,500 schools across 15 states face flooding between Sept. 19 and 25 as rivers rise.
News

Cross River police arrest vigilante over $5,000 robbery and shooting

Cross River police have arrested a vigilante member accused of shooting a villager in Etung and robbing him of $5,000; a locally made pistol was recovered.
News

NAFDAC finds methanol and cannabis in Ondo drinks that killed 48 people

NAFDAC lab tests found high concentrations of methanol and cannabis in herbal concoctions blamed for 48 deaths and seven cases of blindness in Ondo State.