Business
Toyota suffers sixth straight monthly production decline

Toyota warns of £3bn loss as Iran war

  • 9th May 2026
Dangote cement hits historic N10trn market capitalization

Dangote Cement plans 10% share sale in London

  • 8th May 2026

C&I Leasing posts ₦532.84m pre-tax profit in Q1

  • 8th May 2026

Eterna Q1 profit doubles as revenue hits ₦70.5bn

  • 8th May 2026

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British Airways to raise fares as €2bn fuel costs

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Toyota suffers sixth straight monthly production decline

Toyota warns of £3bn loss as Iran war pushes

Business

Rano Air trims flight schedule amid soaring jet fuel

Aviation
Business email hack rises by 1,760% in 2023 – Report

Alleged cyberattack forces US education platform Canvas shutdown

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102.39m Nigerians now have NIN - NIMC
News

NIN enrolment hits 101m

Enrolment for the National Identification Number increased to 101 million as of June 26, 2023, this is according to the National Identity Management Commission’s most recent data. Given that the country’s overall enrollment stood at 100 million at the end of May, this indicates that the country saw a total of one million new enrollments in […]

China visits Nigeria, seeks improved bilateral relations
Business

China visits Nigeria, seeks improved bilateral relations

In order to improve bilateral ties between both countries, the Chinese Navy Escort Task Group 162 which is made up of the MSL Destroyer NANNING, MSL Frigate SANYA, and Supply Ship WEISHANHU visited Nigeria on Sunday. According to the News Agency of Nigeria, the Chinese Ambassador to Nigeria,  Mr. Chi Jian Chun, said the visitation of the […]

NNPCL, marketers fuel vessels to arrive next week - IPMAN
News

Fuel subsidy stopped development of e-vehicles in Nigeria – W’Bank

      The World Bank has stated that the previous administration’s decision to subsidise petrol prices has impeded the progress of e-mobility and the adoption of alternative vehicles such as electric minibuses, two-wheelers, and three-wheelers. In a document titled “E-Trans-Electric Mobility and Transition in Nigeria: Strategy and Implementation,” the bank reported that the funding […]

Data breach exposes salary information of Dublin airport staff
News

Data breach exposes salary information of Dublin airport staff

Alex Omenye The pay and benefits information of over 2,000 DAA employees, who manage Ireland’s Dublin airport, have been compromised in a recent cyberattack on professional service company Aon. The Sunday Times cited a DAA representative as saying, “DAA can confirm that as a result of a recent cyberattack on Aon, a third-party provider, data […]

CBN, others to review 2.9tTn tax credit scheme
Banking

Expert urges CBN to regulate DMB’s exploitative charges

By Wilson Adekumola A financial expert, Okechuwu Unegbu has criticized the multiplicity of service charges by Deposit Money Banks, urging the Central Bank of Nigeria to regulate their activities. Unegbu who was a past president of the Chattered Institute of Bankers of Nigeria, made the urge while speaking with the News Agency of Nigeria on […]

Access Bank, Qatar airways partner, offer discounted flight tickets
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Access Bank GMD becomes bank’s largest shareholder

The group managing director of Access Holdings, Hebert Wigwe, has strengthened his control over the Bank by purchasing 50 million shares, thereby becoming the bank’s largest shareholder. The purchase was disclosed in a notice of share trading submitted to the Nigerian Exchange Limited by an insider and signed by the business’s secretary, Sunday Ekwochi. At a […]

NNPCL fuel subsidy gains not fully remitted - World Bank
News

Subsidy removal: Nigerias inflation to rise 25%, World Bank predicts

The World Bank predicts that the removal of petrol subsidies will cause inflation to reach up to 25% by 2023. Nevertheless, the Washington-based bank highlighted that even though there would be a considerable increase in 2023, headline inflation will decline by the first quarter of 2024. This projection was included in the Nigeria Development Update for […]

News

NIMASA denies online employment scheme

By Wilson Adekumola   The Nigerian Maritime Administration and Safety Agency has disassociated itself from fraudulent online publications and posts on various social media platforms, advertising employment scheme, warning unsuspecting public not to fall victims to such baseless and false schemes in the guise of employment opportunity.   NIMASA management made this disclosure in a […]

Unresolved customer complaints against DISCOs disheartening, says FCCPCC boss
News

NERC yet to give directive on electricity tariff hike – IBEDC

  By Wilson Adekumola The Ibadan Electricity Distribution Company has disclosed that Nigerian Electricity Regulation Commission has not given a directive on the new electricity tariff earlier scheduled to commence on July 1. The Public Relations Officer of IBEDC, Ms Busolami Tunwase, made this disclosure while speaking with the News Agency of Nigeria in Ibadan […]

Railway debt servicing gulped $63m in Q1- DMO
News

Railway debt servicing gulped $63m in Q1- DMO

          The Debt Management Office’s report on Nigeria’s external debt service payments, has revealed that the Federal Government allocated $62.66 million towards servicing railway-related debts in the first quarter of 2023. From January to March 2023, the Nigeria Railway Modernisation Project (specifically the Idu-Kaduna Section) incurred a cost of $23.1 million. […]

Elon Musk sues law firm over Twitter buyout charges
News

BREAKING: Musk announces new restrictions, limits to Twitter accounts

Twitter owner, Elon Musk, has announced new restrictions for users on the social media platform after thousands noticed their personal feeds were not refreshing.   Many logging on were met with a message that read “Rate limit exceeded”.   While some have specilated that the platform was experiencing a technical glitch, the Twitter boss has […]

Marketers predict more fuel queues due to pipeline vandalism
News

Petrol price crashes at private depots due to low demand

Private depots have reportedly crashed the price of Premium Motor Spirit, aka. petrol, to between N495 and N496 per litre from N502 to N503/litre.   The development came amid rumour that the prices of petrol may soar in July owing to the recently devalued exchange rate and cost of importation by private depots, although, the […]

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