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Kara Bridge repairs push Lagos-Ibadan gridlock 15km into Lagos

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.
News

Ondo herbal drink deaths climb to 49 as crisis spreads to Irele

Deaths linked to a suspected poisonous herbal drink in Ondo State have climbed to 49, with the crisis now reaching Irele Local Government Area.
News

Nigeria’s Central Bank Doubles Down on Inflation Fight

Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
Business

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.
Business

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...
News

Nigeria Faces Naira Pressure, IMF Offers Loan Option

Nigeria’s currency, the naira, is under pressure and the country could seek a loan...

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Kara Bridge repairs push Lagos-Ibadan gridlock 15km into Lagos

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.
News

Ondo herbal drink deaths climb to 49 as crisis spreads to Irele

Deaths linked to a suspected poisonous herbal drink in Ondo State have climbed to 49, with the crisis now reaching Irele Local Government Area.
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.