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Nigeria handles 25% West African cargo despite 60%

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  • 15th April 2026

FG won’t reinstate fuel subsidy despite Middle East

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Nigeria's external reserves dip by $4.28bn in 2023 - Report

Nigeria’s foreign reserves drop sharply by $1.3bn in one

featured Finance
Hacker group Lockbit leaks Boeing data

Boeing hiring 140 workers weekly to boost output

Aviation

IMF forecasts Nigeria’s debt ratio drop to 32.3% in

Economy

Nigeria Airways ex-workers lament delayed ₦36bn Tinubu-approved payment

Aviation

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Life Style

PWD: Merchant Bank donate gifts worth millions to Lagos school

NOVA Merchant Bank, on Thursday, visited the Pacelli School in Surulere, Lagos, for the Blind and Partially Sighted, donating valuable goods and materials worth millions of naira, in commemoration of the International Day of Persons with Disabilities.   Nairametrics reported that the Executive Director, Funke Okoya, NOVA presented gifts and other supports to the students, […]

Aviation featured

Arik Air to resume flight in Asaba, Ilorin, others

Arik Air will restart service to the capital cities of Asaba, Ilorin Kwara, and Delta states respectively on December 20, 2022. According to a press statement from Arik Air spokesman Banji Ola, flights to Ilorin would operate four times weekly from the Nnamdi Azikiwe International Airport in Abuja and flights to Asaba will do the […]

News

Banks run out of new naira, demand increases

  About 24 hours after the new naira notes officially entered circulation, reports revealed that banks have run out of the newly-printed denominations leading to increased demand. The shortage of the newly released naira notes stemmed from the limited amounts given to banks by the Central Bank of Nigeria. The newly redesigned N1,000, N500 and […]

Banking

VIDEO: Nigerian banks dispense new naira notes

Commercial banks have started dispensing the newly redesigned naira notes to over-the-counter customers.   Channels Television, on Thursday, reported that some banks in major cities across the country have begun dispensing the new notes to customers over the counter. The Governor of the Central Bank of Nigeria, Godwin Emefiele, had on October 26, said the […]

Nigeria’s inflation hits 24.23% in March, deepens cost-of-living crisis
Economy

Nigeria’s inflation hit 21.47% in November

Nigeria’s inflation rate rose to an all-time high of 21.47% in November, coming from 21.09% in October.   The latest inflation report by the National Bureau of Statistics revealed this rise represents the 10th consecutively monthly increase since the start of the year.   The report also revealed that Nigeria’s inflation rate has now risen […]

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How Nigeria lost N16.25tn crude in 12 years – NEITI

Nigeria Extractive Industries Transparency Initiative, has revealed that the country lost 619.7 million barrels of crude oil worth $46.16 billion or N16.25 trillion in 12 years, from 2009 to 2020. It made this disclosure in a statement released on Thursday night by its head of communications and advocacy, Obiageli Onuorah. The Federal Government’s decision to […]

CBN fines banks N1m daily over refusal of new naira
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How new CBN withdrawal policy’ll affect SMEs – Expert

Financial experts have said that the Central Bank of Nigeria’s recently imposed withdrawal cap will have more impact on small and medium enterprises. Small company owners in Nigeria worry that the policy will make running their operations more expensive. The maximum weekly cash withdrawal over the counter for business organizations and individuals is now limited […]

Business featured

2023: TotalEnergies targets N85b revenue in Q1

TotalEnergies Marketing Nigeria Plc is aiming to generate N85.97 billion in revenue for the first quarter of 2023. This was stated in its Q1 2023 earnings projection, which was made public via the Nigerian Exchange and viewed by Nairametrics. Further information on the forecasts, notes that the corporation anticipates making a gross profit of N14.99 […]

NUPENG threatens strike in Lagos over tanker drivers' safety
News

Fuel queues persist despite NNPC price slash

  Despite a 17 kobo reduction in the ex-depot price of the commodity, Premium Motor Spirit, also known as gasoline, queues may still form in many states, oil marketers warned on Wednesday. The Nigerian National Petroleum Company Limited’s supply of PMS, according to members of the Independent Petroleum Marketers Association of Nigeria, is still insufficient […]

News

Adjust cash withdrawal limit, Senate urges CBN

  In response to public outcry over its proposed weekly withdrawal on cashless policy, the Senate has urged the Central Bank of Nigeria to significantly adjust withdrawal limits. According to The News Agency of Nigeria, the Senate passed its resolution after the Committee on Banking, Insurance, and Other Financial Matters adopted its recommendations regarding the […]

Business featured News Tech

Visa to invest $1bn in Africa

Visa Inc has disclosed plans to invest $1 billion in Africa over the next five years to capitalize on the emerging economy’s rapid growth in digital payments. The company announced this on Wednesday at the U.S.-Africa Leaders Summit. President Joe Biden of the United States is hosting dozens of African leaders for the three-day event, […]

Maritime

NBTE accredits Charkin Maritime Academy

The National Board for Technical Education, has given Charkin Maritime Academy in Port Harcourt, Rivers state accreditation to run two programmes in the institution.   The accreditation was conveyed to the institution in a letter signed by the director, Monotechnic Programmes, Sama’ila Tanko, and addressed to the Provost of CMA, dated November 22, 2022, said […]

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