The Nigerian naira has staged a remarkable recovery against the US dollar in the past week, thanks to a series of policy measures by the Central Bank of Nigeria (CBN) …
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The Nigerian government has imposed a no-fly zone on all commercial flights between Nigeria and Niger Republic, following the military coup that toppled the democratically elected president of Niger in …
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Nigeria, a West African nation often plagued by kidnappings and violent crimes, has ranked better than some developed countries like Canada and the United Kingdom in a global kidnapping index. …
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Nigeria, Africa’s most populous nation and largest economy experienced another round of nationwide blackouts on Sunday as its power grid collapsed for the first time in 2024. The Transmission Company …
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Lagos, the commercial capital of Nigeria, is set to become a leader in sustainable transport in Africa with the completion of two major rail projects that will ease traffic congestion …
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Nigeria’s leading financial services group, First Bank Holdings, has announced the appointment of billionaire businessman Femi Otedola as its new chairman. Otedola, who is the founder and executive chairman of …
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The Central Bank of Nigeria (CBN) has announced a major restructuring of its operations, moving some of its key departments from its Abuja headquarters to Lagos, the country’s commercial hub. …
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Lagos State, Nigeria’s economic hub, has announced plans to launch its airline, Lagos Air, as part of its vision to become a smart city. The state governor, Babajide Sanwo-Olu, said …
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The Economic Community of West African States (ECOWAS) has said it has not received any official notice of withdrawal from the regional bloc by Burkina Faso, Mali and Niger. The …
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The chairman of the opposition Peoples Democratic Party (PDP) in Lagos State, Philip Aivoji, was kidnapped by unknown gunmen on Thursday evening. He was traveling back from a regional meeting …
