Tuesday, June 3, 2025

Olawale Afolabi

Russia sees advantage in Nigeria’s planned gas-run auto industry

Russian carmakers will have an advantage when entering the Nigerian market due to the planned transfer of the country’s fleet of vehicles to gas...

Floods in Nigeria claim 49 lives and displace thousands

At least 49 people have lost their lives, and thousands have been displaced due to severe flooding in northeast Nigeria following heavy rainfall, according...

Firms in Nigeria tell CBN insecurity their biggest headache

A survey conducted by the Central Bank of Nigeria (CBN) has revealed that insecurity is the primary factor constraining business activities in the country...

Nigerians struggle as cooking gas prices surge by 47% in last year

Soaring cooking gas prices are compounding the suffering of millions of Nigerians facing the country’s worst economic hardship in a generation. New government data released...

Bank group opposes Nigerian govt’s “ill-timed” dollar windfall tax

The Bank Directors Association of Nigeria (BDAN) has opposed a newly imposed 70% windfall tax on foreign exchange gains made by Nigerian banks. The group...

Latest Stories

Naira stabilised after 2023 crisis, but cracks are emerging

After a six-month rebound from its worst-ever crisis in...

Rainy season just started in Nigeria. Over 110 killed by floods already

At least 111 people have died in central Nigeria’s...

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Abbey Mortgage Bank is planning to raise up to...

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Just weeks after celebrating the repayment of a $3.3...
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