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Rhoda Onuzulike

Imo Govt Hails Inclusion in $700m World Bank Programme

The Imo State government has expressed gratitude to the World Bank on its inclusion in the $700 million Sustainable Urban Rural Water Supply Sanitation...

IMF Retains Nigeria’s Economic Growth Forecast at 3.2%

The International Monetary Fund, IMF has retained its 3.2 forecast for Nigeria’s economic growth in 2023. Meanwhile, the IMF lowered its forecast for Sub-Saharan economic...

Cooking Gas Price Drops 6.71% to N4, 068.26 — NBS

The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas), dropped by 6.71 per cent on a month-on-month, MoM...

CBN Raises Interest Rate To 18.75%

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 18.5% percent to 18.75%. The acting CBN...

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Uber Exits Nigeria After 12 Years, Ends Ride-Hailing Operations In The Country

Global ride-hailing company Uber has announced its exit from the Nigerian market after 12 years of operations, with its services in the country ending on Wednesday, September 2, 2026. The company, which launched its service in Lagos in 2014, communicated the decision to customers in a statement sent...

Oil Prices Jump Over 2% As Iran Retaliates Against Fresh US Strikes In Hormuz

Crude oil prices surged by more than two per cent on Wednesday, extending their gains to around 10 per cent this week after fresh US strikes on Iran triggered retaliatory attacks across the Middle East. The renewed military confrontation has also rattled financial markets, with stocks falling and...

Niger: Borgu Residents Flee To Benin Republic As Insecurity Worsens

Residents of Borgu Local Government Area of Niger State are reportedly leaving their communities and crossing into the Benin Republic as persistent attacks by armed men continue to heighten insecurity in the area. The development was disclosed by the African Democratic Congress (ADC) House of Representatives candidate for...