LAGOS, Nigeria – Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), is facing new criminal charges over his role in the controversial naira redesign policy that …
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Nigeria, Africa’s largest economy, is facing a new threat to its already fragile recovery from the pandemic: the escalating violence and piracy in the Red Sea, a vital route for …
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The Enugu-Onitsha Expressway, one of the major roads connecting the South-East region of Nigeria, has been temporarily opened to the public ahead of the Christmas season. The road, which …
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Nigeria’s total public debt increased marginally by 0.61% to N87.91 trillion in the third quarter of 2023, according to the latest data from the Debt Management Office (DMO). The debt …
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Nigerians are feeling the pinch as they prepare for the Christmas season. A severe cash shortage has hit the country, making it hard for people to withdraw money from banks …
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Lagos, Nigeria’s most populous city, is set to open its second mass transit rail line in the first quarter of 2024, following the completion of several infrastructure projects associated with …
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The Nigerian National Petroleum Company Limited (NNPCL) has set ambitious goals for 2023, aiming to produce two million barrels of crude oil per day and reduce the impact of oil …
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Olubunmi Oluwaseun Kuku has been appointed the Managing Director and Chief Executive Officer of the Federal Airports Authority of Nigeria (FAAN), the agency responsible for the development and management of …
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Nigerians are facing a severe cash crunch as they prepare for the Christmas festivities, with many banks rationing cash over the counter and ATMs running out of money. The …
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Nigeria’s National Assembly has set an ambitious target to grow the maritime sector and make it a major source of revenue for the country. The lawmakers said they want the …
