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NNPPC slashes petrol price by N100 in Lagos, N95 in Abuja

The price of gasoline at its retail locations has been lowered by the Nigerian National Petroleum Company Limited to N1,130 per litre in Lagos and N1,165 per litre in Abuja. The new prices are N95 less than N1,260 per litre in Abuja and N100 less than N1,230 per litre in Lagos. Checks ....
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Naira appreciates against dollar at foreign exchange market

According to data from the Central Bank of Nigeria (CBN), the naira continued to strengthen versus the US dollar at the official foreign exchange market on Thursday. The local currency improved to N1,371.51 per dollar on Thursday from N1,376.19 on Wednesday, according to data i ....
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UNILAG lecturers commences strike over salaries

In protest of what they called "amputated" pay for January and February 2026, lecturers at the University of Lagos withdrew their services on Wednesday. Prof. Idou Keinde, the chairman of the Academic Staff Union of Universities, UNILAG chapter, stated that academics in a congress on ....
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Lagos court sentences Obiajulu Emeka to one year imprisonment over fraud

On Monday, Judge Ismail Ijelu of the Lagos State High Court in Ikeja found Obiajulu Emeka Emmanuel guilty of acquiring $850,000 under false pretenses and sentenced him to a year in prison. On November 10, 2025, the defendant was first arraigned by the Economic and Financial Crimes Com ....
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Naira drops against dollar at official market

On Tuesday, the official portion of the foreign exchange (FX) market saw the naira trade at N1,401.4 per dollar. Data from Nigeria's official window, the Nigerian Foreign Exchange Market (NFEM), indicates that the value of the naira has dropped by 4.09 percent over the past thr ....
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Four-storey school building collapses in Lagos

A four-story building housing a school in Lagos' Ogba neighborhood fell on Monday, just minutes after the students and instructors had fled the building, narrowly avoiding tragedy. Around noon, the building at 11 Adudatu Street, behind County Hospital in Ogba's Aguda axis, which h ....
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