Category : Search result: market crash


Fire Destroys Sabuwar Lale Furniture Market in Kano

A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.

Air India Crash Sole Survivor Speaks on Trauma, Loss

Viswashkumar Ramesh, the only survivor of the Air India crash that killed 241, details his escape, PTSD, and struggle to reconnect with family in a new BBC interview. Read his heartbreaking story.

NASCAR Driver Greg Biffle, Family Die in Plane Crash

Tragic details emerge as Cristina Biffle texted her mother moments before the crash that killed her, NASCAR driver Greg Biffle, their two children, and three others. Read the heartbreaking story.

Air India Crash: Victim Families, Survivor Get Compensation

Following the 2025 Air India Boeing 787 crash, interim compensation has been paid to the lone survivor, victims' families, and ground survivors. Total liabilities reach hundreds of millions of dollars. Read the full report.

Greg Biffle, Family Die in Plane Crash

Retired NASCAR driver Greg Biffle, his wife Cristina, and their two children tragically died in a plane crash in North Carolina. Read the full story and tributes.

Nigerian Stock Market Gains N245 Billion

The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

Nigerian Air Force Jet Crashes, Pilots Survive

A Nigerian Air Force Alpha Jet crashed in Niger State on December 6. Reports indicate both pilots survived after ejecting. The military has yet to issue an official statement. Read the latest details.

Nigerian Equities Market Gains N997bn in Week

The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.

Naira Falls as CBN Releases New FX Rate, Gap Widens

The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.

Multiple Accident Claims Two Lives in Enugu

FRSC confirms two fatalities and nine injuries in a major pile-up involving 11 vehicles on the Enugu-Port Harcourt Expressway. Rescue operations coordinated by multiple agencies.

Enugu Auto Crash: Many Feared Dead in Multi-Vehicle Pileup

A horrific multi-vehicle crash involving trailers, buses, and cars on the Enugu-Port Harcourt highway near Gariki Market has resulted in significant casualties. Read the full report on the tragic incident and rescue efforts.

Major Fire Guts Jabi Wood Market in Abuja

A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.

Man Dies in Abuja Crash While Taking Father to Hospital

A man died instantly after crashing into a parked trailer on Abuja's Airport Road while rushing his ailing father for treatment. Eyewitnesses allege phone use and speeding were factors. Read the full report.

4 Dead, 17 Injured in Katsina Triple Road Crashes

Four people died and 17 were injured in three separate road accidents in Katsina State. Governor Dikko Radda and Deputy Governor Lawal Farouk Jobe were involved in the incidents. Read the full report.

500 Bicycles for Lagos Schools Mark Road Safety Day

GRA Foundation and LASTVEB launch Cycle-to-School-Plus, distributing 500 bicycles to boost safety and access for students. Initiative commemorates UN World Day of Remembrance for Road Crash Victims.

SEC Nigeria's Reforms Fuel Historic Market Growth

The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.

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