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Sit-at-home: Anambra urges transporters to resume Monday operations

The Anambra State government has appealed to commercial transportation operators throughout the state to back its drive to eliminate the sit-at-home order by resuming complete operations every Monday. The Commissioner for Information, Dr Law Mefor, made the call during a one-day training and retraining programme for commercial drivers and riders held in Awka on Tuesday. […]

Ports and Airports

NiMet equipment destroyed at Lagos airport terminal inferno — Keyamo

Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has confirmed that the fire which engulfed the Old Terminal of the Murtala Muhammed International Airport in Lagos destroyed critical equipment belonging to the Nigerian Meteorological Agency that was housed within the facility. Keyamo stated that the incident would accelerate the already planned reconstruction of the […]

featured Opinion

Many wealthy Nigerians are deep in debt, says Ibukun Awosika

Businesswoman and former chairperson of First Bank of Nigeria, Ibukun Awosika, has disclosed that numerous prominent and wealthy Nigerians are heavily indebted, even as they project extravagant lifestyles in public. She made the revelation during a preaching engagement where she addressed the realities of wealth and the importance of financial discipline. Awosika emphasised that outward […]

Economy featured

BREAKING: CBN slashes interest rate to 26.5%

The Monetary Policy Committee of the Central Bank of Nigeria has reduced the benchmark Monetary Policy Rate to 26.5 per cent. This marks the second time the MPC has cut rates under the current leadership of the apex bank. CBN Governor Olayemi Cardoso announced the decision on Tuesday at the conclusion of the committee’s 304th […]

Economy featured

Nigeria tops Africa stock markets with 34.4% dollar gains

Nigeria is officially the best-performing stock market in Africa right now, riding on the back of a strong naira, foreign investor appetite, and a bull market run to become the continent’s top performer in 2026. BusinessDay analysis of the data from African Markets, a real-time market intelligence platform, showed the benchmark index gained 34.4 per […]

Aviation

Flights diverted after Lagos airport fire incident

A fire outbreak at the old terminal of the Murtala Muhammed International Airport in Lagos on Monday disrupted flight operations, stranded passengers, and triggered diversions, compounding travel delays and operational uncertainty across airlines. At least six persons were hospitalised after the fire engulfed Terminal 1 of the Murtala Muhammed International Airport. The incident forced the […]

Ports and Airports

Keyamo visits Lagos airport after terminal fire incident

Minister of Aviation and Aerospace Development, Festus Keyamo, paid an emergency visit to Murtala Muhammed International Airport late Monday night after a fire outbreak occurred at the airport’s old Terminal 1. Keyamo revealed via his X handle on Tuesday morning that he arrived shortly before midnight and immediately joined the leadership of the Federal Airports […]

Aviation featured

Keyamo orders emergency inspection after Lagos airport terminal fire

Minister of Aviation and Aerospace Development, Festus Keyamo, has directed the leadership of the Federal Airports Authority of Nigeria and other major aviation agencies to gather at the airport by 9:00 am on Tuesday, February 24, 2026, for a detailed inspection of Terminal 1. The order follows a serious fire incident that occurred on Monday […]

News

Tinubu promises state police, to tackle unemployment

President Bola Tinubu on Monday expressed optimism that Nigerians should expect better days ahead, stating that the country has now emerged from its economic and security challenges. The President made the remarks while speaking at an interfaith breaking of fast event held at the State House Banquet Hall in Abuja. The gathering included 20 governors, […]

featured Finance

Naira officially opens at ₦1,344.65/$ as parallel market converges

The Naira has shown remarkable stability against the US Dollar in the early trading hours of Tuesday, February 24, 2026, supported by ongoing interventions from the Central Bank of Nigeria. In the official Nigerian Foreign Exchange Market (NFEM), the Naira opened at 1,344.65 per dollar. This followed a Monday close of 1,343.81 per dollar. During […]

Aviation

Fire rocks Lagos airport terminal, no injuries reported

The Federal Airports Authority of Nigeria reported a fire at Terminal One of Murtala Muhammed International Airport in Lagos on Monday. According to FAAN, no casualties have been recorded, and its firefighting team is actively working to control the blaze. The agency stated that its firefighting team is currently working to bring the situation under […]

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