With effect from October 1, 2025, Emirates Airlines will ban passengers from carrying and using power banks onboard its entire fleet, the carrier has officially confirmed. The new safety regulation follows a comprehensive internal review highlighting the risks associated with…
The Federal Government has announced that it has secured a total of N250 billion in funding to finance the development of light rail projects in Kaduna and Kano States. This was disclosed by the Minister of Information and National Orientation,…
The National Association of Nigerian Travel Agencies (NANTA) has strongly criticized the decision of a handful of foreign airlines still insisting on selling tickets in United States dollars within Nigeria, describing the practice as a slight to the nation’s sovereignty…
The Petroleum & Natural Gas Senior Staff Association of Nigeria (PENGASSAN)’s nationwide industrial action has forced an effective shutdown of key oil and gas regulatory bodies across the country. The Nigerian National Petroleum Company Limited (NNPC), the Nigerian Upstream Petroleum…
Former Senate President Dr. Bukola Saraki has sharply criticized the Kwara State Government for what he calls a complacent approach toward rising insecurity across the state. Speaking in Ilorin over the weekend at the People’s Democratic Party (PDP) State Congress,…
Nigeria may face widespread blackouts if thermal power plants are forced offline due to supply disruptions triggered by PENGASSAN’s planned nationwide strike. Executive Secretary of the Association of Power Generating Companies (GenCos), Joy Ogaji, sounded the alarm in a WhatsApp…
In September 2025, Forbes’ currency tracker has placed Nigeria’s naira as the ninth weakest currency among African nations, underscoring the serious economic pressures still affecting Nigeria despite some recent easing of inflation. The ranking is drawn from a currency-calculator tool…
In a bold move to sanitize local government finances, a Biometric Screening Committee conducting audits across the 34 Local Government Areas (LGAs) and Local Education Authorities (LEAs) in Katsina State has identified 3,488 unqualified or fraudulent employees from the payroll,…
The Nigeria Customs Service (NCS) has announced the exemption of raw materials, spare parts and certain machinery from the four percent Free on Board (FOB) levy, in what it described as a move to ease production costs and stimulate critical…
Dangote Petroleum Refinery & Petrochemicals has abruptly suspended the sale of petrol in the naira, notifying its customers that the new policy will take effect beginning Sunday, September 28, 2025. The move has sent ripples through Nigeria’s downstream sector, as…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported that its cumulative revenue reached N4.655 trillion by August 2025, up from N4.406 trillion in July, even as production of crude oil and natural gas dipped due to scheduled maintenance…
TAJBank, a non-interest (Islamic) bank in Nigeria, has confirmed that it successfully met the Central Bank of Nigeria’s newly raised minimum capital requirement for national non-interest banks. The bank’s Managing Director, Hamid Joda, announced the achievement on Friday, attributing the…
The management of Dangote Petroleum Refinery and Petrochemicals has denied reports of mass sackings, clarifying that its recent workforce restructuring was part of a system-wide clean-up aimed at addressing sabotage and safeguarding assets. In a letter dated 24 September 2025,…
Chairman of BUA Group, Abdul Samad Rabiu, has projected that the naira will appreciate further against the dollar, settling between N1,300 and N1,400 before the close of the year. Rabiu made the forecast on Wednesday following an audience with President…
Health and financial policy experts are calling on the Federal Government to double excise taxes on tobacco products, arguing that stronger taxation will both curb smoking and provide badly needed revenue. Nigeria’s current tax structure—30% ad valorem, ₦84 per cigarette…