Blog

Air Peace denies alleged safety protocol violations in UK
Aviation

Air Peace Abuja-London route major step for Nigerian aviation – Ex-Rep

A former member of the House of Representatives Aviation Committee, Chidi Nwogu, has hailed Air Peace’s inaugural Abuja–London Heathrow flight as a landmark achievement for Nigeria’s aviation industry. In a statement issued ahead of the maiden flight on Sunday, October 26, Nwogu said the milestone marks a new phase in the country’s drive to boost […]

Customers oppose Discos' plan to recover prepaid meters
Electricity

Ogun residents protest as IBEDC reject community-funded ₦11m transformer

Residents of Ireakari community in Ilisan Remo, Ikenne Local Government Area of Ogun State, held a protest on Saturday over the alleged refusal of officials of the Ibadan Electricity Distribution Company to connect their transformer to the national grid after the community had spent over ₦11 million on its installation. The protesters wielded placards with […]

China restricts drone equipment exports over US tech tension
Aviation

Ban uncertified drone operators, Aviation academy urges NCAA

The ARCO Aviation Academy has called on the Nigerian Civil Aviation Authority to stop uncertified pilots from indiscriminately flying drones in the country, warning that if this practice is not regulated, the indiscriminate flying of drones poses a great danger to the airspace and its users. The institute’s Chief Instructor, Samuel Sunday, made the appeal […]

featured News

Nigeria exits global money-laundering watchlist

Nigeria has achieved a major global milestone with its removal from the Financial Action Task Force grey list, a decision that immediately restores international confidence in the nation’s financial system and reinforces President Bola Tinubu’s reform-driven economic agenda. The FATF, the world’s leading body on combating money laundering and terrorist financing, announced on Friday that […]

Naira closes week stronger at N1,534.72/$ 
featured Finance

Naira sells at ₦1,460/$ on official market

The Naira held near mid-October levels on Saturday, with official market fixings remaining around ₦1,460 per United States $1, while the parallel (black) market continued to trade notably weaker, averaging ₦1,495–₦1,500 per US$1. Specifically, the NFEM / Investors & Exporters window (official) rate was reported at ₦1,460.49 / $1, aligning closely with the CBN suggested […]

featured News

LASAA staff cleared of fraud, sanctioned for no-cash policy breach

The Lagos State Signage and Advertisement Agency has announced that an internal investigation has cleared a staff member of a fraudulent transaction allegation that recently went viral on social media. However, the employee will still face disciplinary action for violating the agency’s strict ‘no cash’ policy and using a personal account for the transaction. The […]

Aviation

FG pledges dialogue to ensure affordable aviation fuel supply chain

The Federal Government has committed to promoting dialogue between government, oil marketers, and airline operators to create a fair and transparent fuel supply chain that supports both economic sustainability and operational excellence. This commitment was pledged by the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, who promised to focus on policies and partnerships […]

Aviation

FAAN targets full ISO certification by December to boost standards

The Federal Airports Authority of Nigeria has expressed a strong commitment to ensuring full International Organisation for Standardisation certification by December 2025. This commitment was disclosed in a statement by FAAN’s Director of Public Affairs and Consumer Protection, Mr. Henry Agbebire, after the Managing Director/Chief Executive of FAAN, Mrs. Olubunmi Kuku, represented by the Director […]

Business

Nigeria reports 21% drop in oil revenue for Q4 2024

The Federation’s Budget Office reported that the federal government earned N3.34 billion in net oil revenue in the fourth quarter of 2024. According to its Q4 2024 budget implementation report, this amount fell 21 per cent short of the quarterly budget estimate of N4.24 billion. “The actual Net Oil Revenue that accrued into the Federation […]

EU rules out fee for tech giants under digital markets act
Tech

Meta, TikTok under EU probe for spreading ‘illegal content’

The European Union on Thursday announced formal probes into Meta, the owner of Facebook, and TikTok, seeking information on the steps they have taken to curb the spread of “illegal content and disinformation” following the Hamas attack on Israel. The EU confirmed that it had sent official information requests to both companies, marking the first […]

Aviation

European airports face widespread delays, flight cancellations

Europe’s aviation sector is facing major operational disruptions, with over 355 flight cancellations and nearly 3,900 delays reported across key markets including the Netherlands, France, Germany, the UK, Sweden, and Ireland. Major carriers such as KLM, Air France, Lufthansa, British Airways, Norwegian, and Scandinavian Airlines have been affected, impacting airports in Amsterdam, Paris, Düsseldorf, London, […]

Gold surpasses $3K per ounce first time ever
News

NEC to crackdown on illegal gold miners

The National Economic Council on Thursday announced it would begin a crackdown on illegal gold miners as part of a broader strategy to safeguard Nigeria’s natural resources and significantly boost government revenue. This decision follows the Council’s move to expand the mandate of its Ad-hoc Committee on Crude Oil Theft Prevention and Control, chaired by […]