Latest Nigeria News

Nigeria’s $400m Export Lifeline at Risk. Why Carriers Are Avoiding Gulf Ports

A key export corridor worth roughly $400 million annually for Nigerian businesses…

3 Min Read

Why Are Nigerian States Probing an $8.8bn Oil-Backed Loan Deal Signed Years Ago?

State governments in Nigeria are demanding a forensic audit of about $8.8…

3 Min Read

Why Is FCMB Flying Under the Radar Even After Clearing ₦500 Billion Hurdle?

FCMB has just raised ₦500 billion to meet the Central Bank of Nigeria’s…

1 Min Read

Is Shoprite Really Leaving Nigeria? Here’s the Real Story Behind the Rumours

There has been a lot of talk online claiming that Shoprite Nigeria…

2 Min Read

Lagos Housing Crisis Forces UNILAG Lecturers to Sleep in Offices. Here’s Why It’s Happening

Nearly 40 percent of lecturers at the University of Lagos are reportedly sleeping…

2 Min Read

Why Will FAAC Now Receive 100% of Nigeria’s Oil Profits? Tinubu’s New Order Explained

Nigeria’s revenue sharing system is set for a major shift after an…

2 Min Read

Could You Be Blacklisted From Banking? Nigeria Introduces New Fraud Watchlist

Nigeria’s banking regulator, the Central Bank of Nigeria, has strengthened anti-fraud rules…

2 Min Read

Will Nigerian Banks Need More Capital? CBN Stress Test Puts Credit Strength Under the Microscope

Nigeria’s banking regulator, the Central Bank of Nigeria, says some banks may…

2 Min Read