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Ride-Hailing Drivers in Nigeria Demand Urgent Fare Adjustments and Subsidies Amid Fuel Price Surge
June 02, 2023

Ride-Hailing Drivers in Nigeria Demand Urgent Fare Adjustments and Subsidies Amid Fuel Price Surge

In a plea laden with urgency, ride-hailing drivers in Nigeria have come together, beseeching app-based transport giants like Uber, Bolt, Lagride, Indriver, and others, to swiftly reevaluate their pricing structures with an upward revision of a staggering 200%, while simultaneously establishing a minimum trip fare of N2,000.Representing a united front on Friday, these drivers, operating under the b...

Devaluation of Naira: CBN Debunks News Calling It Fake
June 01, 2023

Devaluation of Naira: CBN Debunks News Calling It Fake

The Central Bank has come out to debunk the news circulating that it has devalued the naira.A statement signed by the Acting Director Corporate Communications, Isah AbdulMumin, said that the dollar traded at N465/$1 contrary to reports.The statement reads, “We wish to state categorically that this news report, which in the imagination of the newspaper is exclusive, is replete with outright false...

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