Browsing Tag
Nigeria
699 posts
Federal Government Prohibits Motorcycles and Tricycles on Lagos-Calabar Coastal Highway
The Federal Ministry of Works has prohibited commercial motorcycles and tricycles on the Lagos-Calabar Coastal Highway to ensure the infrastructure's preservation and public safety.
Resident Doctors Postpone Strike Action by Four Weeks
The Nigerian Association of Resident Doctors has granted the federal government a four-week extension to address outstanding welfare and professional demands, delaying a potential strike.
Nigerian Government Schedules Another Evacuation Flight from South Africa for Tuesday
The federal government of Nigeria continues its voluntary repatriation efforts as an Air Peace flight is scheduled to return citizens from South Africa on Tuesday amid rising xenophobic concerns.
OPay Enhances User Security with New Emergency Lock and Safety PIN Features
OPay has introduced Emergency Lock and Safety PIN features to help Nigerian users protect their funds from theft, coercion, and unauthorized access through proactive account freezing.
Access Bank Launches Vehicle Financing Scheme with 10% Down Payment Option
Access Bank has unveiled a new financing initiative that allows Nigerians to purchase vehicles with a 10 percent deposit and up to 90 percent bank funding.
Naira Exchange Rates: June 29, 2026 Update
On June 29, 2026, the Nigerian naira traded at ₦1,379.22 per dollar officially, while parallel market rates fluctuated between ₦1,400 and ₦1,405.
Nigeria Sees 21 Percent Growth in Intra-African Trade to $9.02 Billion in 2025
Nigeria's intra-African trade reached $9.02 billion in 2025, marking a 21 percent increase supported by the AfCFTA framework and improved logistical corridors.
SMEDAN Introduces N500 Million Interest-Free Loan Program for Small Businesses
SMEDAN has launched a N500 million interest-free fund for Nigerian MSMEs, focusing on cooperative-based distribution to improve accountability and access to capital.
NESG: Export Diversion Undermines Nigeria’s N7.55 Trillion Trade Surplus
The NESG warns that Nigeria is losing significant economic value as exporters bypass local ports and certification systems in favor of neighboring countries, despite a record trade surplus.
Nigeria Prohibits Motorcycles and Tricycles on Lagos-Calabar Coastal Highway
The Federal Ministry of Works has banned commercial motorcycles and tricycles on the Lagos-Calabar Coastal Highway to prevent damage and ensure the road's durability.