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Lagos E-Hailing Drivers Declare Indefinite Strike Over Low Fares Business

Lagos E-Hailing Drivers Declare Indefinite Strike Over Low Fares

Drivers under AUATON have withdrawn services from Bolt and inDrive over fare structures, platform commissions, rising operating costs and we...

By Oyoma Precious • Oct 12, 2026

Recent Stories

Zenith Bank’s Pre-Tax Profit Hits ₦637.6 Billion as Interim Dividend Rises 20% to ₦1.50

Zenith Bank’s Pre-Tax Profit Hits ₦637.6 Billion as Interim Dividend Rises 20% to ₦1.50

Zenith Bank reports a ₦637.6 billion pre-tax profit and increases its interim dividend by...

Oct 10, 2026
J.P. Morgan Targets Nigeria Merchant Bank Launch Before End of 2026

J.P. Morgan Targets Nigeria Merchant Bank Launch Before End of 2026

The US financial giant plans to deepen its presence in Nigeria’s financial services sector...

Oct 9, 2026
BREAKING! Moove Exits Nigeria, Transfers ₦35bn Worth of Vehicles to Customers

BREAKING! Moove Exits Nigeria, Transfers ₦35bn Worth of Vehicles to Customers

The mobility fintech is winding down its Nigerian operations and transferring vehicle owne...

Oct 8, 2026
KPMG Report: OPay Emerges Nigeria’s Most Penetrated Fintech Payment App with 69% Smartphone Reach

KPMG Report: OPay Emerges Nigeria’s Most Penetrated Fintech Payment App with 69% Smartphone Reach

A new KPMG industry report has positioned OPay as the most widely penetrated fintech payme...

Oct 8, 2026
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Nigeria’s Banking Sector Strengthens Position in Africa Top 100 Rankings

Nigeria’s Banking Sector Strengthens Position in Africa Top 100 Rankings

Nigeria’s banking sector is strengthening its position on the African financial landscape,...

Oct 8, 2026
Court Slams ₦31m Fine on 21 Companies Each for Operating Without SEC Licence

Court Slams ₦31m Fine on 21 Companies Each for Operating Without SEC Licence

Twenty-one companies have been ordered to pay ₦31 million each for operating without the r...

Sep 29, 2026
October Shutdown Looms as Bolt, inDrive Drivers Demand 10% Cap

October Shutdown Looms as Bolt, inDrive Drivers Demand 10% Cap

AUATON says rising fuel, maintenance, insurance, financing and other operating costs are s...

Sep 28, 2026
CBN Rate Cut: Rewane Warns Naira May Depreciate

CBN Rate Cut: Rewane Warns Naira May Depreciate

Financial analyst Bismarck Rewane says the naira could come under depreciation pressure fo...

Sep 25, 2026
For The First Time Ever, Femi Otedola’s Net Worth Hits $2 Billion

For The First Time Ever, Femi Otedola’s Net Worth Hits $2 Billion

Nigerian billionaire Femi Otedola has reached the $2 billion net-worth milestone for the f...

Sep 20, 2026
Tinubu Secures Fresh Bolloré Investment Push for Nigeria’s Creative, Digital Economy

Tinubu Secures Fresh Bolloré Investment Push for Nigeria’s Creative, Digital Economy

Bolloré Group plans deeper localisation across film, entertainment and fibre-optic infrast...

Sep 19, 2026
Airtel Money Slashes IPO Target By Up to 60% to $800m

Airtel Money Slashes IPO Target By Up to 60% to $800m

Airtel Africa’s mobile-money arm is considering a major reduction in its planned London fu...

Sep 18, 2026
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