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Naira Falls Further Against US Dollar in Official Markets

Nigeria’s Naira Hits Record Low Pre-Christmas, Reflecting Deep Economic Challenges

The Nigerian naira closed at ₦1,537 per dollar on Christmas Eve, its weakest pre-holiday rate ever, despite a marginal gain from the previous day’s...

Nigeria’s Telecom Sector May Raise Prices After 11-Year Freeze

Nigerians could see an increase in telecom service tariffs by early 2025 as operators push to sustain the struggling $76 billion industry. Telecom companies...

Azerbaijan Airlines Plane Crash in Kazakhstan Kills 38, Sparks Probe

A tragic plane crash near Aktau, Kazakhstan, has claimed 38 lives, with 29 others hospitalized after surviving the fiery wreck. The Azerbaijan Airlines flight...
Violence Claims 21 Lives in Mozambique After Controversial Election Ruling

Violence Claims 21 Lives in Mozambique After Controversial Election Ruling

At least 21 people have died in violent protests across Mozambique following a court ruling affirming the Frelimo party's victory in October’s presidential election....
Nigeria Allocates N8.73bn for Airport Power Overhaul in 2024

Nigeria Allocates N8.73bn for Airport Power Overhaul in 2024

The Nigerian government has spent N8.73 billion on airport power infrastructure in 2024, focusing on ensuring reliable electricity at the newly expanded international terminal...