Blog

Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC
Business

Nigeria’s exports to Africa surge to N4.9 trillion

Nigeria’s exports to Africa in the third quarter of 2025 jumped 97.16 per cent year-on-year to N4.9 trillion, reflecting a strategic shift toward emerging markets, particularly intra-African trade and the BRICS bloc, according to stakeholders. Data from the National Bureau of Statistics showed that Nigerian goods exported to African countries rose to N4.9 trillion in […]

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Dangote demands NNDPRA CEO probe over alleged corruption

The chairman of Dangote Industries Limited, Aliko Dangote, has alleged that Farouk Ahmed paid about $5 million in tuition fees to Swiss secondary schools for his children. Ahmed is the current chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Dangote made the remarks at a news conference at the Dangote Petroleum […]

Banking

CBN okays Lucidum Finance for full operations

The Central Bank of Nigeria has issued an operational licence to Lucidum Finance Company Limited. Lucidum confirmed that the approval was conveyed in a letter dated December 10, signed by the Director of the Financial Policy and Regulation Department. The company said the licence represents the final stage of the CBN’s rigorous application and approval […]

Air cargo demand rises by 18.4% January - IATA
Aviation

Private jet carrying 11 passengers crash-lands in Kano

A Flybird-operated private jet crash-landed at Malam Aminu Kano International Airport in Kano. The aircraft, arriving from Abuja, experienced difficulties while attempting to land. An airport source stated that all passengers and crew members escaped unhurt, according to Daily Trust. The source, however, could not provide further details, stating that only the Aviation authorities in […]

Business

Minister clarifies comments on banditry, digital connectivity

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, has clarified remarks he made in a recent interview with Channels Television concerning banditry and digital connectivity in Nigeria. Posting on X, the minister addressed public reactions and misinterpretations of his statements. He explained that his comments were intended to highlight gaps in the […]

Business

‘Detty December’ threatened by rising costs, poor services – ATPN

The Association of Tourism Practitioners of Nigeria, has said that the nation’s rapidly expanding Detty December tourism economy is coming under growing strain from rising operating costs, subpar service delivery, and poor coordination across the tourism value chain. The President of ATPN, Femi Fadina, cautioned that the annual December travel surge, largely fuelled by diaspora […]

Aviation

Govt levies, not airlines, driving soaring airfares – Expert

The Group Managing Director of Finchglow Holdings, Bernard Bankole, says the surge in airfares nationwide is being driven largely by multiple charges imposed by government and regulatory agencies, not airline operators. Speaking at Finchglow Holdings’ annual media engagement in Lagos, Bankole noted that while passengers often fault airlines for high ticket prices, a significant portion […]

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Nigeria’s aviation growth slumps in Q3 amid costly air tickets

Nigeria’s aviation sector recorded a sharp slowdown in growth in the third quarter of 2025, expanding by just 2.88 per cent as passengers continued to face elevated airfares. This figure was revealed in the latest data of the National Bureau of Statistics. The NBS Gross Domestic Product report for Q3 2025 showed that nominal year-on-year […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
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NCC links Abuja network outages to diesel supply issues

The Nigerian Communications Commission has attributed recent telecom service disruptions in parts of Abuja to diesel supply challenges affecting key telecommunications infrastructure. In a press statement dated December 12, 2025, the Commission said the supply disruptions limited operators’ ability to power base stations and other critical facilities, resulting in reduced service quality for subscribers. The […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

Solid minerals ministry surpasses N50bn 2025 IGR target

The Ministry of Solid Minerals Development has generated over N50 billion in Internally Generated Revenue for 2025, significantly surpassing the N38 billion figure recorded in 2024. The Minister, Mr. Dele Alake, confirmed this notable achievement on Friday while officially unveiling the One-Gov Cloud digitisation project at the Mining Cadastre Office headquarters in Abuja. He explained […]

Aviation

FCCPC launches probe into domestic airline ticket pricing

The Federal Competition and Consumer Protection Commission has announced the commencement of an expanded investigation into the pricing templates used by some airlines, which have led to high ticket rates on certain domestic routes. The primary objective of this investigation is to establish possible violations of the law’s provisions. This information was released in a […]

Finance

NGX investors gain N1.5tr as all-share index appreciates

The NGX All-Share Index and Market Capitalisation demonstrated a notable appreciation this past week, increasing by 1.63 per cent and 1.64 per cent, respectively. The Index closed the week at 149,433.26, while the Market Capitalisation stood at N95.264 trillion. This marks an improvement when compared to the 147,040.08 and N93.722 trillion figures recorded during the […]