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CATEGORY

Economy

Stranded in Niger: Nigerian Drivers Appeal to Tinubu for Passage Home

ILLELA, Nigeria - Scores of Nigerian trailer drivers, stranded at the Republic of Niger-Nigeria border, are issuing desperate appeals to President Bola Tinubu's administration...

Steep Hike in Gas Prices Looms as Nigeria Faces International Pressure

LAGOS, Nigeria — A wave of rising prices awaits Nigerian gas consumers as marketers prepare for a significant rate bump starting next week. As Nigerians...

Naira Nosedives: Citizens Grapple as Currency Hits All-Time Low Amid New Forex Policies

LAGOS, Nigeria — The Nigerian naira nosedived to an all-time low of N925/$1 on the parallel market, reflecting the unanticipated aftermath of recent adjustments...

Central Bank Blames Unrecorded Diaspora Remittances for Naira’s Rapid Depreciation

ABUJA, Nigeria — The Central Bank of Nigeria, CBN, is pointing the finger at diaspora remittances that bypass the official system, attributing it to...

Hunting Emefiele: Nigeria’s Central Bank Releases A 7-Year Consolidated Financial Statement

ABUJA, Nigeria - The Central Bank of Nigeria, CBN, released Consolidated Financial Statements for seven consecutive years, marking the first time since 2015 that...

Nigeria Grapples with High Stakes of Military Intervention in Niger Amid Economic Worries

ABUJA, Nigeria — The prospect of a military intervention in Niger Republic initiated by Nigeria has sparked debates among the Nigerian Senate, security experts,...

Navy vs Tantita: Tompolo’s Company Insists on Seized Vessel was Into Illegal Activities

ASABA, Nigeria - The tug-of-war between Nigeria's naval authorities and the private security firm Tantita Security Services Nigeria Limited continues as the company, owned...

Dangote Refinery: ‘No Full Production Expected in 2023’ – Nigerian Trade Union Leader

LAGOS, Nigeria – The long-anticipated promise of ending Nigeria's incessant fuel scarcity and price hikes through the Dangote Refinery and Petrochemicals has hit a...

NLC Suspends Planned Strike Following Intervention of President Tinubu and Senate

ABUJA, Nigeria – The Nigeria Labour Congress, NLC, has confirmed suspending its planned industrial action following interventions by President Bola Tinubu and the Senate. The...

A Nation in Protest: Nigeria’s Organised Labour Takes to the Streets Over Fuel Price Surge

ABUJA, Nigeria – Nigeria's labour unions have started nationwide protests in several states, demanding a reversal of fuel price increments and opposing other government...

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