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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

Naira Strengthens to 1,518 Per Dollar on Parallel Market

Naira rises in parallel market to ₦1,518 as central bank oversight and dollar flows ease speculative pressure.
Business

Naira to the World: Rural Nigerian Women Drive Economic Change Through Digital Wallets

KEY POINTS Rural Nigerian women are leveraging digital wallets to send and receive money,...
News

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.
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Naira Gains Put Spotlight on Petrodollar Inflow

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

Stronger Naira Fails to Alleviate Food Insecurity Woes

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

Presidency Forecasts Enhanced Investor Confidence with Naira Performance

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

Nigeria’s Central Bank Boosts Dollar Inflow to $1.3 Billion

Nigeria’s central bank has increased its dollar inflow to $1.3 billion in February 2021,...
News

Nigeria’s Currency Crisis: How Floating the Naira Backfired

Nigeria, Africa's largest economy, is facing a severe currency crisis that has been worsened...
Business

Naira Gains Strength as Foreign Reserves Grow**

The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...
News

Presidency Slams Atiku’s Naira Floatation Plan

Former Vice President Atiku Abubakar has been criticized by the presidency for his proposal...
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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

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.