Turkey’s state-owned railway operator, the Turkish State Railways (TCDD), recorded a net loss of 35.53 billion lira (approximately $774 million) in 2025, marking the largest financial deficit in the institution’s history, local media reported. According to TCDD’s 2025 financial report cited by BirGün newspaper, the railway operator’s losses have risen sharply over the past four…
The Argentine government is intensifying investments in its railway sector as President Javier Milei pushes forward with plans to expand private sector participation and privatize key rail assets. The investments are being carried out under a railway emergency programme declared in 2024 for both freight and passenger services, with a budget allocation of 1.3 trillion…
The Nigerian Railway Corporation (NRC) has announced the temporary suspension of operations on the Warri–Itakpe Train Service (WITS) following what it described as operational exigencies and technical advice from its engineers. In a statement issued by the NRC’s Chief Public Relations Officer, Callistus Unyimadu, the corporation said the suspension became necessary to allow for critical…
The Federal Government has approved a 50 per cent reduction in fares on all train services operated by the Nigerian Railway Corporation (NRC) to cushion transportation costs for Nigerians during the Eid-el-Kabir celebration. The Federal Ministry of Transportation disclosed that the discounted fares took effect on Tuesday, May 26, 2026, and will remain valid until…
The Nigerian Railway Corporation (NRC) has announced a temporary increase in train operations along the Lagos-Ibadan Train Service (LITS) corridor ahead of the Sallah celebration to cater for the expected rise in passenger traffic. The Corporation said the adjustment will take effect on Tuesday, May 26, 2026, with the number of daily train trips increased…
Enugu State Governor Peter Mbah has promised that the state will get monorail and intercity rail line as part of his plans for holistic development of the state. He said that he would inaugurate the projects in the next four years as it has become a necessity for Enugu, the capital city, to have a…
OLORUNDARE ENIMOLA, Lagos The Nigerian Railway Corporation (NRC) has raised fresh concerns over what it described as coordinated attacks on railway infrastructure in parts of the country, following recent incidents of vandalism in Plateau and Bauchi states. In a statement issued on Friday in Lagos, the corporation said the incidents posed a serious threat to…
The South-West Development Commission has clarified that its rail licence is for operations on existing rail tracks, not for the construction of new ones in the South-West. The SWDC, in a statement on Tuesday, said the clarification followed interpretations that the licence was approval to build new rail tracks across the region. Last week, the…
