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Aviation

FAAN engages international airlines to boost service delivery nationwide

The Federal Airports Authority of Nigeria has engaged members of the International Airlines Association of Nigeria in a bid to enhance protocol services and improve passenger experience across the country’s airports. The engagement was disclosed in a statement issued by FAAN on Sunday. According to the authority, its Director of Public Affairs and Consumer Protection, […]

Business

CBN mops up N3.69tn in massive liquidity tightening move

The Central Bank of Nigeria intensified its liquidity tightening drive on May 21, 2026, conducting one of its largest single-session Open Market Operations auctions and absorbing N3.692 trillion through two debt instruments. In the OMO auction results released by the apex bank the investor appetite far exceeded supply, with subscriptions reaching N3.692 trillion against a […]

Economy featured

I’ve lost sleep, weight over economic reforms, Tinubu tells Nigerians

President Bola Tinubu, on Sunday, admitted that the economic reforms pursued by his administration have been grueling, revealing that he has personally lost sleep and weight alongside Nigerians bearing the brunt of the policies. Tinubu made this disclosure at the Bola Ahmed Tinubu International Conference Centre in Abuja, shortly after he was declared the winner […]

Finance

NRS pledges fair mining royalty collection under new tax regime

The Nigeria Revenue Service has pledged transparent and fair administration of mining royalties under the new tax laws that transferred the collection of mineral royalties and related fees to the agency. The agency also pledged to ensure transparency, fairness and accountability in the administration of the mining sector under the 2025 reforms signed into law […]

Finance

Jigawa residents demand ban on betting activities to avoid losses

Some residents in Dutse, Jigawa State, have called for a total ban on betting to protect themselves from losses and promote financial discipline among youths. They also decried the proliferation of betting centres in the area and advocated proactive measures to address the trend. A cross-section of the residents said this in separate interviews with […]

Ports and Airports

Tin Can port generates ₦1.60trn revenue, exceeds 2025 target

The Nigeria Customs Service Tin Can Island Port Command generated N1.60 trillion in revenue in 2025, exceeding its annual target of N1.52 trillion. The disclosure was made in a statement issued on Saturday by the command’s Public Relations Officer, Oscar Ivara, following the elevation of Frank Onyeka to the rank of Assistant Comptroller-General of Customs. […]

Finance

African currencies depreciate amid US-Iran crisis — Report

African currencies came under renewed pressure following the escalation of geopolitical tensions involving the United States, Israel, and Iran, with currencies across the continent depreciating by 3.2 per cent as global investors retreated from emerging and frontier markets. This is according to a new report titled “Trade and Development Foresights 2026: Global economy faces a […]

News

Trump, Iran nearing historic deal to reopen Strait of Hormuz

Donald Trump has announced that the United States and Iran are close to finalising an agreement aimed at ending tensions between the two countries, with discussions now focused on concluding the final details. In a statement issued late Saturday, Trump said the proposed deal would include the reopening of the Strait of Hormuz, a key […]

Aviation featured

NCAA suspends 11 airlines over unpaid levies

The Nigerian Civil Aviation Authority has directed all its directorates to withhold services from 11 domestic airlines until they settle their financial obligations. Director of Finance and Accounts, Olufemi Odukoya, in a memo dated May 22, 2026, obtained by Vanguard, listed the affected airlines as Air Peace Limited, Ibom Air Limited, Arik Air Limited, United […]

Business

NMDPRA orders operators to meet host community fund obligations

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has stepped up enforcement of the Host Community Development Trust framework under the Petroleum Industry Act (PIA) 2021, directing operators and licensees to comply with the mandatory three per cent annual contribution to host community funds. The regulator also unveiled a digital portal designed to enhance transparency, […]

featured Technology

Google unveils Gemini Spark, Antigravity 2.0 to reset global AI race

In a spectacular showcase that sent waves of excitement through the tech world, Google has introduced groundbreaking new artificial intelligence capabilities aimed at reclaiming dominance in the fast-evolving AI landscape. The announcements, featuring the new Gemini Spark 24/7 personal agent and Antigravity 2.0 coding platform, signal a major push by the tech giant to “reset […]