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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.
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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 Slides as FX Shortages Grip Official Market

The naira slipped to N1,456 per dollar as FX shortages persisted, keeping pressure on Nigeria’s currency market despite rising external reserves.
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Naira Holds Steady as Dollar Trades Around ₦1,472 Amid Market Jitters

The dollar to naira exchange rate today steadies at ₦1,472, supported by improved liquidity and cautious CBN intervention.
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Naira Gains to N1,480 per Dollar on Parallel Market

The naira rises to N1,480 per dollar in the parallel market as CBN reforms improve liquidity and restore trader confidence.
Business

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability
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...
News

Naira Plummets to Record Low as Dollar Supply Shrinks Markets

The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...

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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.