Tinubu approves ₦1trn Kaduna light rail, ₦178bn road project
Kaduna State Governor, Uba Sani, has expressed appreciation to President Bola Ahmed Tinubu for approving strategic infrastructure contracts worth over ₦1 trillion…
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Naira trades near ₦1,375/$ amid market caution
The Naira commenced the new month with mild fluctuations against the United States Dollar across both the official and informal foreign exchange…
UAE bans travel to Iran, Iraq, Lebanon amid tensions
The United Arab Emirates Ministry of Foreign Affairs on Thursday announced a travel ban preventing Emirati nationals from visiting Iran, Lebanon and…
Dangote Refinery recalls redeployed engineers to boost efficiency
Dangote Petroleum Refinery has approved the recall of engineers who were earlier redeployed across its business units, describing the move as a…
JPMorgan executive accused of sexual harassment, drugging junior male staff
A 37-year-old executive director at JPMorgan Chase, Lorna Hajdini, has been accused in a lawsuit of sexually harassing a married colleague over…
Lagos prioritises rail, ferry, BRT over road expansion in mobility plan
Lagos State is planning a major shift in its long-term transport strategy, moving away from road expansion toward a multimodal system built…
Brent crude hits four-year high amid Middle East tension
Brent crude surged to a four-year high on Thursday after reports that the United States military was preparing to brief President Donald…
Nigeria’s PMI falls to 49.4 as economy contracts in April
Nigeria’s economic activity slipped into contraction in April 2026 as the Purchasing Managers’ Index fell to 49.4, marking the first decline after…
EFCC probed Pastor Jerry Eze for alleged money laundering – Olukoyede
The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that the commission carried out a six-month investigation into…
Reps approve Tinubu’s $516.33m loan for Sokoto-Badagry superhighway project
The House of Representatives on Tuesday approved President Bola Tinubu’s request to secure a $516.33m loan from Deutsche Bank to finance Section…
World Bank commits $8.2bn to tackle Africa’s electricity access gap
The World Bank Group has pledged $8.2 billion to boost electricity access across Sub-Saharan Africa, intensifying efforts to address one of the…
Naira gains at parallel market, falls at official FX market
The Naira on Tuesday appreciated to N1,390 per dollar in the parallel market from N1,392 per dollar on Monday. But the naira…