Blog

Foreign flights fully booked despite naira scarcity
Aviation

Africa’s airline seat capacity hits 24.8m in March

Africa’s airline seat capacity climbed to 24.8 million in March 2026, marking a 10.4 per cent increase compared with March 2025. The figures were published in OAG’s Africa Aviation Market: Monthly Airline Data Updates for the African Market. According to the report, growth was recorded across both international and domestic routes, reflecting sustained recovery and […]

Business

60% of employers say Nigerian graduates not job-ready — Report

Nearly 60 per cent of employers in Nigeria say graduates are not job-ready, underscoring a widening gap between academic training and industry expectations, a new report has revealed. This comes as experts urged Nigerian undergraduates to boost their employability by acquiring soft skills and leveraging opportunities both within and beyond the classroom before graduation. According […]

Policy and Regulations

MANEG raises alarm over CBN policy favouring oil firms

Manufacturers under the aegis of the Manufacturers Association of Nigeria Export Group have raised concerns over what they described as a policy imbalance by the Central Bank of Nigeria, following its recent decision to allow International Oil Companies unfettered access to repatriate 100 per cent of their export proceeds. The apex bank last week scrapped […]

Food

Nigeria’s food market valued at $233.53bn in 2025

The Nigerian food market has been estimated to be around $233.53 billion in 2025, with an expected annual growth rate of 10.76 per cent from 2025 to 2030. Vanguard reported that the Managing Director of fair-trade Messe, Paul Marz, organiser of the annual Nigeria agrofood Exhibition and Conference, stated this in his welcome address at […]

Finance

Profit taking drags Nigerian stock market down by ₦156bn

Profit taking by investors characterised the Nigeria stock market last week, leading to the decline in the major performance indicators. Specifically, the Nigerian Exchange Limited market capitalisation, which represents the value of equities listed on the Exchange, dropped to N128.969 trillion last week from N129.125 trillion the previous week. Similarly, another significant performance indicator – […]

Investment

Nigeria’s reforms attracting strong domestic, global investments – NGX

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group Plc, Temi Popoola, has said Nigeria’s ongoing economic reforms are already strengthening domestic capital formation and positioning the country for deeper global investment partnerships. The News Agency of Nigeria reported that Popoola made this known while speaking at the Nigeria–United Kingdom Investment Roundtable organised by […]

Helth

FG partners SON, NAFDAC to battle counterfeit, substandard goods

The Federal Government has formalised a major agreement to deploy the Products Authentication and Tracking System, in a decisive move to tackle counterfeit and substandard goods and restore confidence in Nigeria’s markets. According to a statement by the ministry on Thursday, the agreement was signed in Abuja under a Public-Private Partnership arrangement, bringing together the […]

Conferences

Sterling Bank hosts summit to unlock Nigeria’s transport, logistics potential

Stakeholders including industry leaders, policymakers, financiers and innovators converged at the inaugural Nigeria Transport & Logistics Summit 2026 hosted by Sterling Bank at Eko Hotel & Suites in Lagos. The gathering charted a clear way forward towards improving Nigeria’s transport and logistics sector by proposing actionable strategies for building a faster, more connected nation through […]

Aviation

China reopens direct air route to North Korea

China’s national airline resumed direct flights between Beijing and Pyongyang on Monday, shortly after passenger train services between the two capitals were restored. The Air China flight was greeted by Chinese Ambassador to North Korea Wang Yajun and other diplomats, Chinese state media reported. Passenger train services from China to North Korea resumed on March […]

China files complaint to WTO over Trump’s tariffs
Business

WTO talks deadlock as Brazil blocks e-commerce duties deal

World Trade Organization talks stalled on Monday after Brazil opposed a United States-led effort to extend the moratorium on customs duties for electronic transmissions, such as digital downloads, according to diplomats. WTO Director-General Ngozi Okonjo-Iweala said the expiration of the e-commerce moratorium now permits countries to levy tariffs on electronic goods. However, she added that […]