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Economy

‘We Will Exit En Masse’: Nigerian Ride-Hailing Drivers Threaten Bolt, Uber, Others

LAGOS, Nigeria - Drivers under the Amalgamated Union of App-Based Transporters of Nigeria (AUATON), Lagos Council, have issued a stern ultimatum to ride-hailing giants...

Musk, Bezos, Zuckerberg, Other Billionaires Lose $300 Billion After Trump’s First 100 Days

JERSEY CITY, USA - A new Forbes analysis has revealed that America’s richest individuals, including tech magnates Elon Musk, Jeff Bezos, and Mark Zuckerberg,...

Trump Tariffs: ‘Lesotho Exports $200 Billion’: Okonjo-Iweala Urges African Trade

WASHINGTON, USA - Ngozi Okonjo-Iweala, the Director-General of the World Trade Organisation (WTO), has urged African nations to enhance intra-regional trade and work towards...

Nigeria Bans Import of Oil Pipelines, Urges Patronage of Local Manufacturers

LAGOS, Nigeria - In a bold move to foster local industries and reduce dependence on imports, the Nigerian government has announced a ban on...

World Bank Warns More Nigerians to Slip into Poverty by 2027

WASHINGTON, USA - The World Bank has raised alarm over Nigeria's rising poverty rate, projecting that more Nigerians will fall into extreme poverty by...

App-Based Drivers Plan May Day Strike Action, Demand Justice from Uber, Bolt, Others

LAGOS, Nigeria - App-based transport workers in Nigeria, including drivers for ride-hailing platforms such as Uber, Bolt, Lagride, Indrive, and Rida, have announced a...

JUST IN: NiMet Workers Suspend Strike After Keyamo’s Intervention, Averting Aviation Crisis

ABUJA, Nigeria – Employees of the Nigerian Meteorological Agency (NiMET) have called off their indefinite strike after a successful intervention by the federal government,...

Air Peace Grounds Flights Over NiMet Strike as Other Airlines Continue Operations

ABUJA, Nigeria - Following the ongoing strike by the Nigerian Meteorological Agency (NiMet), which began on April 22, 2025, Air Peace, Nigeria’s largest domestic...

Tariffs: IMF Sounds Warning, Says ‘Ships at Sea Don’t Know Which Port to Sail to’

WASHINGTON, USA - Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has raised alarm over the growing erosion of trust between...

Dangote Refinery Slashes Petrol Price Again to N835/Litre

IBEJU-LEKKI, Nigeria - In a notable move that will impact the Nigerian petroleum market, the Dangote Petroleum Refinery has reduced the ex-gantry price of...

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