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Nigeria risks losing $1.4bn US aid over Christians persecution

Finance

NGX urges Tinubu to support fintech’s domestic listing

Policy and Regulations

NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

Business

FG unveils unified regulatory framework for crypto industry

Policy and Regulations

Blog

Maritime workers reject FG’s plans to re-float NNSL
Maritime

Maritime sector needs collaboration to compete globally — Experts

Industry leaders in Nigeria’s maritime sector believe that collaboration among all key sectors of the economy and engagement from all levels of government is necessary for the country to compete globally. According to Leadership, Mfon Usoro, National President of the Chartered Institute of Logistics & Transport Nigeria, stated, “It’s a multistakeholder issue that requires collaboration […]

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ICPC arraigns two over N4.8m employment scam, forgery

The Independent Corrupt Practices and Other Related Offences Commission has arraigned two men, Ibrahim Suleiman Umar and Tijani Adam Goni, before an Abuja High Court over a N4.8 million employment scam and forgery. The defendants were brought before Justice B.M. Bassi of the Federal Capital Territory High Court on a five-count charge bordering on conspiracy, […]

Emirates to resume Nigerian flights Sept 11
Aviation

Emirates Airline bans passengers from using power banks

Emirates has officially enforced its safety regulations regarding the use of power banks by passengers on board flights, the UAE carrier confirmed on Tuesday. “Using any kind of power bank is prohibited onboard Emirates’ flights, effective from tomorrow, October 1, 2025,” it said in a statement. “Emirates provides in-seat charging on all aircraft; however, it […]

Business

Nigeria, South Africa to exit dirty-money list October

Nigeria and South Africa may be removed from the Financial Action Task Force grey list as soon as next month, a move expected to strengthen investor confidence in Africa’s two largest economies. The Paris-based FATF, which oversees global measures against money laundering and terrorist financing, added both countries to the grey list in February 2023 […]

Nigeria borrowed money to fight Boko Haram - Oyedele
Economy

Remote work, social media earnings taxable, says Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, stated that, starting January 1, 2026, all income earned by Nigerians, from remote work, social media influencing, or business imports, will be subject to tax under the new reforms. Oyedele, explained this during a tax education session at the Redeemed Christian […]

Aviation

African airlines lead global air cargo growth in August 2025

African airlines posted the highest air cargo demand growth globally in August 2025, with volumes rising 11 per cent year-on-year. Capacity also grew significantly, up 12.3 per cent in the same period, according to the International Air Transport Association’s August 2025 Global Air Cargo Market Data. Global air cargo demand rose 4.1 per cent in […]

Electricity

Nigeria’s power supply drops as oil workers’ strike disrupts grid

The Nigerian Independent System Operator has reported “major generation shortfalls” on the national grid following the industrial action by the Petroleum and Natural Gas Senior Staff Association of Nigeria. On Saturday, PENGASSAN directed its members to commence a nationwide strike in protest against the dismissal of “over 800 workers” by Dangote Refinery. Dangote Refinery described […]

Business

Nigeria’s Pension assets rise to ₦25.9tn amid market volatility

Nigeria’s pension fund industry recorded a modest gain in August 2025, as fund managers cautiously rebalanced portfolios in response to mixed market signals. Data from the National Pension Commission showed total assets under management rose to ₦25.90 trillion in August, up ₦97.88 billion from ₦25.80 trillion in July according to Nairameteics. The 0.38 per cent […]

Banking

Unity Bank confirms shareholders’ approval of Providus merger

Unity Bank Plc announced that its shareholders have approved a merger with Providus Bank Limited The approval was granted at a court-ordered general meeting held in Abeokuta on September 26, according to a statement issued on Monday by the company secretary, Alabi Williams. Under the arrangement, all assets, liabilities, and obligations of Unity Bank will […]

Business

US faces brain drain as 154,000 federal workers exit payroll

More than 150,000 United States federal employees are set to depart the U.S. government payroll this week after taking buyout offers, the largest single-year exit of civil servants in nearly eight decades. Unions and governance experts warn the move could strip agencies of critical institutional knowledge, according to Reuters. The official resignations begin Tuesday for […]

Lufthansa pilots hold second strike in one week
Aviation

Lufthansa braces for disruption after pilots back strike

Lufthansa may be headed for a strike after the pilots’ union Vereinigung Cockpit announced on Tuesday that its members had voted in favour of industrial action over a pension dispute. The ballot marks the union’s latest effort to increase pressure on the airline for an improved agreement and comes just a day after Lufthansa outlined […]

Dangote Refinery's polypropylene to enter market
Oil and Gas

NNPCL, Dangote Refinery sign new crude supply deal

The Nigerian National Petroleum Company Limited has signed a new two-year crude supply agreement with the Dangote Petroleum Refinery, ensuring a steady supply of crude to the 650,000-barrel-per-day refinery located in Lekki, Lagos. This deal aligns with the Federal Government’s determination to supply more crude to the facility, especially in naira. According to the Chief […]

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