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Aviation

Ethiopia Airlines pays right’s violation sanction fee to Nigeria – NCAA

The Nigerian Civil Aviation Authority has confirmed that Ethiopian Airlines has fully paid the sanction fees imposed on it earlier this year for various consumer protection-related violations. The Director of Public Affairs & Consumer Protection at the NCAA, Michael Achimugu, made the announcement via his official X account on Monday. Achimugu stated that with this […]

Amazon cuts jobs in books division amid broader efficiency push
Tech

Chinese cyberattack rumours spread over major Amazon services outage

Amazon Web Services, a key pillar of the global internet, experienced a major outage on Monday, disrupting popular platforms such as Robinhood, Snapchat, and Fortnite. The widespread downtime caused confusion online and fueled viral rumours of a Chinese cyberattack, though experts suggest the cause was likely technical rather than geopolitical. According to Amazon’s status page, […]

Tech

Snapchat, Duolingo, banks, airlines down after major Amazon services outage

Airline websites, including Delta Air Lines and United Airlines, experienced partial outages on Monday following a disruption in Amazon Web Services, which supports many online platforms. “We can confirm increased error rates and latencies for multiple AWS Services in the US-EAST-1 Region,” Amazon said on its AWS dashboard early Monday. “During this time, customers may […]

Business featured

Nigeria’s raw material imports surge to ₦3.53trn in six months

Nigeria’s manufacturing sector is increasingly dependent on imported raw materials for survival, a trend that runs contrary to national plans and expectations and is actively undermining the Federal Government’s import substitution policy. Raw materials imports increased by 19.7 per cent, year-on-year to ₦3.53 trillion in the first half of 2025, up from ₦2.95 trillion in […]

Reps summon six MDAs over sale of FG properties
News

Reps demand ₦350m for revival of SMEs

The House of Representatives has called on the Federal Government to allocate ₦350 million in the upcoming 2026 budget specifically to revive moribund industries and provide essential support for Small and Medium-sized Enterprises across Nigeria. This resolution was adopted following a motion moved by Hon. Akarachi Amadi, who represents the Mbaitoli/Ikeduru Federal Constituency of Imo […]

Business featured

High bank charges, taxes top Nigerian business constraints — CBN

Businesses and households have clearly identified high interest rates, multiple taxes, and poor infrastructure as the top three constraints impacting operations in September 2025, even as they collectively expressed optimism about the macroeconomy in the coming months. In its Business Expectation Survey, the Central Bank of Nigeria reported the robust confidence level, stating: “The Confidence […]

Aviation

Two killed as plane crashes at Hong Kong airport

A cargo plane skidded off the runway and plunged into the sea at Hong Kong International Airport early Monday, killing two ground staff. Emirates flight EK9788, arriving from Dubai around 03:50 local time (19:50 GMT), veered off course during landing and struck an airport patrol vehicle. Both occupants of the vehicle died, while all four […]

Business

FG extends probe of NNPC remittances to December 2024

The Federal Government has extended the ongoing probe and reconciliation of payments by revenue-generating agencies, including the Nigerian National Petroleum Company Limited, until December 2024, due to unresolved discrepancies in remittances. The extension followed NNPC’s submission of its response to allegations of under-remitting $42.37 billion (about ₦12.91 trillion) to the Federation Account between 2011 and […]

Aviation

Senate laments Nigeria’s aviation safety over safety breaches

The Nigerian Senate has raised alarm over rising safety concerns in the nation’s aviation industry, following a recent Air Peace incident at Port Harcourt International Airport. It was earlier reported that the aircraft veered off the runway after landing on Sunday, July 13. A preliminary report by the Nigerian Safety Investigation Bureau later revealed that […]

Aviation

Flights suspended as fire ravages cargo section of Bangladesh airport

A massive fire at the import cargo complex of Dhaka Airport, Bangladesh, has destroyed goods and materials belonging to leading garment exporters, with industry leaders warning that losses could reach millions of dollars and disrupt trade. The blaze, which erupted on Saturday afternoon in the import section of the airport’s cargo village, forced a temporary […]

Business

Enugu approves 50% cut in land document fees

Governor Peter Mbah of Enugu State has approved a 50 per cent reduction in the processing fees for Certificates of Occupancy and other land-related documents to boost property ownership, attract investment, and enhance documentation compliance across the state. The Managing Director and Chief Executive Officer of the Enugu State Geographic Information System, Chiwetalu Nwatu, announced […]

Business featured

NCC, CBN partner to tackle failed airtime, data transactions

The Nigerian Communications Commission and the Central Bank of Nigeria are collaborating to develop a new framework aimed at resolving the recurring issue of failed airtime recharge and data subscription transactions carried out via electronic channels such as banking apps and USSD platforms. The joint initiative follows increasing complaints from consumers who lose money due […]