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Business

Access Bank launches AutoFest to ease vehicle ownership

Access Bank Plc has unveiled AutoFest, a vehicle financing programme designed to make car ownership more affordable for Nigerians as soaring vehicle prices and challenging economic conditions put increasing pressure on consumers. The initiative offers financing of up to 90 per cent for the purchase of new and certified pre-owned vehicles, with customers required to […]

Aviation

FG hands Enugu Airport to Aero Alliance under PPP

The Federal Government has formally transferred the Akanu Ibiam International Airport in Enugu to Aero Alliance Limited under a Public-Private Partnership concession designed to modernise, expand and manage the airport in line with global aviation standards. As part of the agreement, Aero Alliance Limited will finance the rehabilitation and expansion of the airport, while taking […]

featured Finance

FG plans review of ₦70,000 minimum wage

The Federal Government has signalled plans to review the national minimum wage, stating that the current N70,000 benchmark no longer reflects prevailing economic realities. Vanguard reported that the move comes less than two years after President Bola Tinubu signed the new minimum wage into law, raising it from N30,000 and shortening the review cycle from […]

Tech

Microsoft raises price of Xbox amid component cost surge

Just hours after Apple announced price hikes for MacBooks and iPads, Microsoft said Xbox gamers should also brace for higher prices as rising component costs continue to squeeze the technology industry. Microsoft revealed on Thursday that, effective August 1, the 512GB Xbox Series S will cost about $500, representing a $100 increase. The 1TB version […]

Aviation

Ryanair changes family seating policy after UK watchdog probe

Ryanair has revised its family seating policy following an investigation by the UK’s Competition and Markets Authority into fees charged for parents to sit with their children. The airline announced that, effective Thursday, adults travelling with children will be offered adjacent seats free of charge after completing check-in, although the seats will be located toward […]

Opinion

Nigeria must secure economy before reclaiming African leadership — Minister

The Minister of State for Foreign Affairs, Sola Enikanolaiye, has said Nigeria must first become economically resilient, secure and stable before it can effectively reclaim its leadership position in Africa and exert greater influence globally. The PUNCH reported that speaking at the launch of “Shadows of Power”, a book authored by retired Rear Admiral Sola […]

Business

Access Holdings announces retirement of executive director Bolaji Agbede

Access Holdings Plc has announced the retirement of its Executive Director, Business Support, Ms. Bolaji Agbede, effective June 30, 2026, following the expiration of her tenure. Ms. Agbede is a former Acting Group CEO of the company. The development was disclosed in a notice to the Nigerian Exchange Limited, shareholders, and the investing public, signed […]

Aviation

EU orders inspections of 16 Airbus A380 jets

The European Union’s chief aviation regulator has ordered inspections of 16 Airbus A380 jets after cracks were found in a key wing component on some of the aircraft. The E.U. Aviation Safety Agency on Monday ordered five of the jets to be grounded immediately for checks. The eleven others were ordered to seek an inspection […]

Tech

Apple raises MacBook, iPad prices amid global memory chip shortage

Apple Inc. has been forced to respond to the global memory chip shortage, raising prices on several MacBook and iPad models to offset surging costs for memory and storage components. The price increases, announced on Thursday, do not affect Apple’s flagship iPhone lineup, underscoring the company’s determination to keep its most important product competitively priced. […]

Business

Pressure mounts on Honda CEO after electric vehicle pivot unravels

Honda Motor Co. is facing growing internal unrest as senior executives reportedly push for the resignation of Chief Executive Officer Toshihiro Mibe following a dramatic reversal of the automaker’s electric vehicle strategy and mounting financial challenges. Mibe, who took the helm of Honda’s transformation agenda, was widely praised in 2021 after committing the Japanese automaker […]