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Nigeria secures $155m clean energy investments

  • 26th July 2026

NGX sheds 0.19% as Presco, banks drag index

  • 25th July 2026

NPF Microfinance Bank grows profit before tax by

  • 25th July 2026

US imposes new tariffs on UK, Canada, others

  • 24th July 2026

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New Zealand hotels booked two years ahead of total

Business

Gatwick Airport water outage leaves passengers without toilets, restaurants

Aviation

Ghana to evacuate 1,000 more workers from South Africa

Transportation

Nigerians may face rice, tomato scarcity within three months

Food

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News

1.9 million vulnerable Nigerians’ll get N20,000 each –FG

The Federal Government has said that more than 1.9 million vulnerable Nigerians will benefit from about N38bn being disbursed as grants of N20,000 each to beneficiaries under its Grant for Vulnerable Groups programme. Data released in Abuja on Friday by the National Cash Transfer Office of the Federal Ministry of Humanitarian Affairs and Disaster Management […]

Banking

MasterCard, JPMorgan, others partner to boost payment choices

MasterCard says it has welcomed a raft of new global partners to its innovative MasterCard Installments programme and is expanding it further to support small businesses. According to the company, this illustrates the demand for powerful buy now, pay later (BNPL) experiences from familiar and trusted brands. MasterCard said several new partners were providing support […]

Trapped funds: CBN to give foreign airlines $150m
News

Abolish official exchange rate, BDC operators tell CBN

The Association of Bureaux De Change Operators of Nigeria has urged the Central Bank of Nigeria to float the naira to halt its further depreciation. The President of ABCON, Alhaji Aminu Gwadabe, made the appeal on Saturday in an interview with the News Agency of Nigeria in Lagos. Gwadabe said that the CBN should do […]

FILE: Pilot
Aviation

Nigeria, others need 20,000 pilots –Report

Africa will need 20,000 pilots, 21,000 technicians, and 26,000 cabin crew to overcome the dearth of professionals in the industry, aircraft giant, Boeing, has said. The plane maker stated this in its 2022-2041 Pilot and Technician Outlook. According to the PTO, Africa is set to need 20,000 pilots, 21,000 technicians, and 26,000 cabin crew. Meanwhile, […]

100% cashless economy possible in Nigeria - Emefiele
Economy

CBN vows to curb further naira devaluation

The Central Bank of Nigeria has reiterated its commitment to preventing a further devaluation of the Nigerian naira in the foreign exchange market. This was disclosed by the Director of Corporate Communications, CBN, Mr Osita Nwanisobi, in a statement on Friday, according to The PUNCH. The apex bank advised Nigerians to resist the urge of […]

Aero Contractors suspends operations
News Ports and Airports

Establish aviation bank to save dying airlines, don tells FG

The Director, Centre for International Advanced and Professional Studies, Prof. Anthony Kila, has urged the Federal Government to establish a Bank of Aviation. The bank, he said, was necessary to make airlines have easier access to foreign exchange. Kila made this known at the League of Airport and Aviation Corespondents 26th Annual Conference, on Thursday. […]

Aviation

Domestic airlines lose N4.3bn yearly -Ibom Air CEO

The Chief Operating Officer of Ibom Air, George Uriesi, said domestic airlines lose at least N4.3 billion annually due to their inability to operate 24 hours flights daily to the airports of their choice. Uriesi made this known while speaking at the 26th Annual Conference of the League of Airport and Aviation Correspondents on Thursday […]

Flights to South-South most expensive - NBS
News

Passengers lament as one-hour flight hits N100,000

A one-hour journey within Nigeria now costs more than one hundred thousand (N100,000) naira, causing air passengers to lament bitterly at the excessive charges airline operators have imposed. Findings revealed that economy class domestic tickets from Lagos to Abuja via Arik Air, United Nigeria and Air Peace as of the time of filing this report […]

NAICOM house
Insurance

NAICOM to release guidelines on insurance of govt assets

The National Insurance Commission has said it would soon release guidelines on the insurance of government assets to ensure appropriate and adequate insurance cover for government assets. The Commissioner for Insurance, Sunday Thomas, said this on Thursday while delivering a paper at the second edition of the Chartered Insurance Institute of Nigeria, 2022 Business Outlook […]

Oil and Gas

Subsidy probe: 23 oil firms operating in Nigeria unknown, say Reps

The profiles of 23 oil and gas companies trading in Nigeria are unknown, the House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2021 has said it does not know The panel is investigating payments made by the Federal Government through the Nigerian National Petroleum Corporation (now Nigerian […]

100% cashless economy possible in Nigeria - Emefiele
Economy

Senate summons Emefiele as naira falls to N700/dollar

The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Godwin Emefiele, to educate and inform senators in a closed session on the reasons for the rapid depreciation of the value of the naira. It also mandated the Senate Committee on Banking, Insurance and Other Financial Institutions to assess the […]

Nigeria needs debt relief - AfDB
News

Nigerian govt most difficult client, AfDB official reveals

A senior official of the African development bank, Prof. Banji Oyelaran-Oyeyinka, Tuesday, described the Federal Government as the bank’s most difficult client. Oyelaran-Oyeyinka who is a Senior Special Adviser to the President of the African Development Bank said this while delivering a keynote address at the 2022, 3rd Biennial African Scientific Integration Network Conference hosted […]

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