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Aviation

New UAE rule requires advance online declaration of high-value items

Travellers entering or exiting the UAE via Abu Dhabi, Sharjah, or Ras Al Khaimah must now declare valuables worth over 60,000 dirhams (about $16,300) online before arrival or departure, under a new regulation designed to strengthen border security and combat illicit financial flows. The rule, issued by the Federal Authority for Identity, Citizenship, Customs and […]

Business

Yuan drops to 7.1405 against US dollar

China’s central parity rate for the renminbi declined by 23 pips to 7.1405 per U.S. dollar on Monday, the China Foreign Exchange Trade System reported. The central parity rate, a benchmark for daily trading, is a key measure of the yuan’s value. In China’s spot foreign exchange market, the currency may move up to 2 […]

Business

Dangote refinery to receive 60 CNG trucks in six weeks

A total of 60 additional Compressed Natural Gas trucks are scheduled for delivery to the Dangote Petroleum Refinery & Petrochemicals within the next six weeks. Group Chief of Branding and Communication at Dangote Industries Limited, Anthony Chiejina, disclosed this in a Sunday statement while providing updates on product delivery trucks ordered to fast-track PMS distribution […]

Chowdeck secures $9m funding to drive expansion in Nigeria, Ghana
News

Chowdeck secures $9m funding to drive expansion in Nigeria, Ghana

Lagos-based food delivery startup Chowdeck has raised $9 million in Series A funding to launch a quick commerce strategy and expand operations in Nigeria and Ghana. The equity round was led by Novastar Ventures, with participation from Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo, HoaQ and others. Founded in 2021 by Femi Aluko, […]

Federal pensioners protest in Lagos over delayed ₦32,000 increase
News

Federal pensioners protest in Lagos over delayed ₦32,000 increase

A group of federal pensioners on Monday protested at the Lagos office of the Pension Transitional Arrangements Directorate, demanding the immediate implementation of a ₦32,000 pension increase approved by President Bola Tinubu. The protesters, led by the chairman of the Coalition of Federal Pensioners, Lagos Chapter, Mukaila Ogunbote, carried placards with inscriptions such as “PTAD […]

News

NECA hails Tinubu’s commitment to retirees’ welfare

The Nigeria Employers’ Consultative Association has applauded President Bola Ahmed Tinubu for his sustained commitment to the welfare of retirees and pensioners nationwide. In a statement, NECA Director-General, Adewale-Smatt Oyerinde, said the president’s consistent focus on pension matters reflects a deep appreciation for the contributions of workers who devoted their productive years to building the […]

NCAA issues warning after unruly Ibom Air passenger 'attacked' crew
Aviation

Drama as flight passenger, air hostess clash in Lagos

Days after a spat at Abuja’s Nnamdi Azikiwe International Airport involving veteran Fuji star Wasiu Ayinde, fresh drama erupted at Lagos’ Murtala Muhammed Airport. Videos circulating on X show an irate female passenger attacking a flight attendant aboard an Ibom Air aircraft and clashing with airport security personnel. The clips, posted on Sunday, drew attention […]

Electricity

EERC moves to resolve irregular power supply in Enugu

The Enugu State Electricity Regulatory Commission has assured residents that it is working to address the irregular power supply affecting parts of the state. In a statement on its website on Sunday evening, the commission said it had met with the Enugu Electricity Distribution Company (EEDC) and MainPower, and was taking necessary measures to restore […]

M&S restores click-and-collect service after cyberattack
News

M&S restores click-and-collect service after cyberattack

British retailer Marks & Spencer has resumed click-and-collect orders for clothing, home, and beauty products, nearly four months after suspending the service in the wake of a cyberattack and data theft. The 141-year-old company halted online orders for clothing and home delivery, as well as in-store collection, on April 25 — three days after disclosing […]

Intel CEO to meet Trump amid calls for resignation
News

Intel CEO to meet Trump amid calls for resignation

Intel Corp. chief executive Lip-Bu Tan is expected to visit the White House on Monday, days after U.S. President Donald Trump publicly called for his removal, The Wall Street Journal reported on Sunday. Reuters could not immediately verify the report, and both Intel and the White House declined to comment. According to the Journal, Tan […]