Blog

JAPA: Overstay your visa, face permanent ban, US warns Nigerians
Business

NIS denies religious organisation listed on passport portal

The Nigeria Immigration Service has dismissed reports alleging that the name of a religious organisation appears on its official passport payment portal, describing the claim as false and misleading. In a statement issued on May 4, 2026, in Abuja, the Service Public Relations Officer, DCI Akinsola Akinlabi, clarified the matter in an official press release. […]

Ports and Airports

A’Ibom targets global tourism with new international airport operations

Akwa Ibom State Governor, Umo Eno, has said the attainment of international status by the Victor Attah International Airport will improve regional connectivity and eliminate the stress of travelling outside Nigeria to access other countries within the West African sub-region. Eno stated this while addressing journalists on Sunday after returning from the airport’s maiden international […]

Aviation featured

ICYMI: Spirit Airlines shuts down after 34 years leaving passengers stranded

Spirit Airlines ceased operations on the morning of May 2 after 34 years in business, leaving thousands of passengers with unused tickets unsure of what to do next. A notice on the airline’s website advised customers not to go to the airport and instead check online for further instructions. Spirit was the country’s seventh-largest airline, […]

Business

US military to escort stranded ships through Hormuz

President Donald Trump said the United States will assist vessels stranded in the Persian Gulf in passing through the Strait of Hormuz, describing the move as a “humanitarian gesture” and a test of efforts to restore maritime traffic through the strategic waterway for the first time since the war with Iran began. The initiative, called […]

Business

Dangote didn’t borrow money from friends for refinery – Otedola

Billionaire businessman Femi Otedola has denied reports claiming he requested a special allocation from Aliko Dangote in the planned initial public offering of the Dangote Refinery. Otedola made the clarification in a post on his X account on May 4, 2026. His response follows the spread of misleading claims targeting leading Nigerian business figures, including […]

US Embassy in Nigeria moves to new visa service provider
Business

US reverses visa policy, allows Nigerian doctors to resume applications

Nigerian doctors are set to benefit from a policy reversal in the United States that allows physicians to resume visa applications and processing. Earlier in the year, the US introduced a broad visa restriction affecting several countries, including Nigeria, citing national security concerns. The policy disrupted visa renewals for foreign doctors, many of whom are […]

Bitcoin drops to $60,000 amid escalating Iran-Israel tensions
Business

Bitcoin surges above $80,000 for first time in three months

Bitcoin climbed above $80,000 for the first time in over three months, as Asian equities edged closer to record highs. Markets are reacting to conflicting signals over Iran. United States President Donald Trump said the United States would begin escorting non-involved vessels through the Strait of Hormuz, while a senior Iranian official warned that any […]

Transcorp Power emerges top NGX weekly gainer
Investment

NGX investors gain ₦26.4trn as market hits record high

The Nigerian stock market ended April 2026 on a bullish note last week, as strong buying momentum across key sectors lifted the performance indicators of the Nigerian Exchange Limited, with investors recording N26.487 trillion in gains during the month. The market was driven by renewed institutional interest in high-cap and fundamentally sound stocks, reinforcing the […]

Diaspora Nigerians to pay ₦80,000 for remote BVN
featured Policy and Regulations

Uphold governance or face sanctions, Cardoso warns bank directors

Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, on Sunday warned bank directors and industry leaders to strengthen corporate governance or face decisive regulatory action, declaring that “strong governance is the foundation of trust and stability in the financial system.” Vanguard reported that he gave the warning in a keynote address at the […]

Business

FG urges fairness, equity in global push for decarbonisation

The Federal Government has urged the global maritime community to ensure fairness, equity, and meaningful support for developing countries as the industry works toward achieving net-zero emissions in international shipping. Addressing the 84th session of the Marine Environment Protection Committee of the International Maritime Organization in London, the Minister of Marine and Blue Economy, Dr. […]

NLC threatens strike over pension fund, issues seven-day ultimatum
Business

NLC to begin fresh minimum wage talks by July

The Nigeria Labour Congress has announced plans to begin negotiations for a new national minimum wage by July 2026, alongside a demand that workers nationwide receive 100 per cent of their basic salaries until the talks are concluded. The position was outlined in a joint May Day address delivered at Eagle Square in Abuja by […]