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Aviation

FAAN to end cash payments at airports from March 1

The Federal Airports Authority of Nigeria has announced that it will no longer accept cash payments at any of its facilities, including access gates, car parks, and executive lounges, effective Sunday, March 1. The announcement was made in a statement issued by FAAN on Friday. According to the authority, the directive is part of its […]

How Kaduna govt spent N43.8bn in Q1 2023 - Report
Business

Kaduna orders closure of markets, schools during February sanitation

The Kaduna State Government has directed all residents to observe the February edition of the monthly environmental sanitation exercise. The exercise is scheduled for Saturday from 7:00 a.m. to 10:00 a.m. The government stated that the exercise, set for February 28, 2026, forms part of ongoing measures to strengthen environmental sustainability. It also aims to […]

Oil and Gas

NISO starts load shedding over severe gas supply constraints

The Nigerian Independent System Operator has begun implementing load shedding across the country. This follows a major drop in power generation linked to insufficient gas supply to thermal power plants. In a notice sent to market participants on Friday, NISO revealed the extent of the decline. Electricity generation has fallen to an average of 4,300 […]

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FCCPC uncovers price manipulation by domestic airlines in festive season

The Federal Competition and Consumer Protection Commission has uncovered patterns of price manipulation by some domestic airlines during the December 2025 festive season. This has raised fresh concerns about consumer exploitation and competition in Nigeria’s aviation sector, according to an interim review released by the agency on Thursday. The interim report came from the commission’s […]

News

Taraba partners NSITF to boost employees’ compensation compliance

The Managing Director and Chief Executive Officer of the Nigeria Social Insurance Trust Fund, Oluwaseun Faleye, has called for deeper institutional collaboration between the Fund and the Taraba State Government. This collaboration aims to strengthen the implementation of the Employees’ Compensation Scheme. Faleye made the call during a courtesy visit to Governor Agbu Kefas at […]

Twitter co-founder Jack Dorsey quits Bluesky board
Business

Jack Dorsey’s payment company Block cuts workforce by 50%

Block, the payments company that operates Square, Cash App, and Tidal, announced Thursday it is cutting over 4,000 jobs, roughly half of its workforce, while its stock surged up to 24 per cent in after-hours trading. “Today we shared a difficult decision with our team,” Jack Dorsey, Block’s co-founder and CEO, wrote in a letter […]

Electricity

NISO links persistent power outages to gas shortages

Nigeria’s lingering power outages across homes and businesses are largely the result of insufficient gas supply to thermal power plants. The Nigerian Independent System Operator disclosed on Friday. The operator explained that the sustained decline in electricity generation stems from acute fuel shortages affecting the national grid. In a statement titled “Declining Power Output Attributable […]

SEC to strengthen borrowing regulatory framework in Nigeria
Business

SEC, NIPC, NGX to feature at WISE 1.0 money fair

The Securities and Exchange Commission, the Nigeria Investment Promotion Commission, and the Nigerian Exchange Group have confirmed their participation in the Nairametrics Money Fair, WISE 1.0. Preparations are now in top gear for the event, scheduled for March 17–18, 2026, at the Landmark Event Centre in Lagos. In addition to the SEC, NIPC, and NGX, […]

Tech

South Korea grants Google conditional approval for high-precision maps

Google has received conditional approval from South Korea to provide high-precision maps, ending nearly two decades of restrictions and signaling Seoul’s willingness to balance national security with its tech ambitions. Previously, Google Maps’ functionality in South Korea was limited due to rules on exporting detailed geographic data, rooted in security concerns. The restrictions have also […]

CAC registers 330,000 small enterprises
Crypto

CAC ambassador calls for stronger crypto regulation in Nigeria

An Ambassador to the Corporate Affairs Commission, CAC, Mr Micheal Nwabufo, said Nigeria has moved beyond catching up with global standards and is now competing in instant business registration, stressing the need for stronger crypto regulation. Nwabufo, also known as Mike Premium, who made the call at a media briefing in Lagos, described the commission’s […]

Energy

EBRD approves $100m for Nigeria’s project BRIDGE fibre expansion

The European Bank for Reconstruction and Development has approved a $100 million investment in Nigeria’s Project BRIDGE, the fibre-optic expansion programme of the Federal Government. Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, announced the approval in a post on X, adding that the funding is in addition to the $500 million financing earlier […]

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