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Tinubu Approves 30% Debt Relief for Nigerian Airlines Amid Rising Fuel Costs

KEY POINTS The federal government approved a 30% reduction in debts owed by domestic airlines to aviation agencies. The move aims to support airlines grappling with a 300% surge in aviation fuel prices. Operators warn the sector remains under severe strain and are calling...
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APC Announces Timetable for 2027 Elections, Begins Sale of Nomination Forms April 25

KEY POINTS APC will begin selling nomination forms for the 2027 elections on April 25, with submission closing on May 4. Presidential aspirants are required to pay a total of N100 million for forms. The party will use a hybrid system of direct and...

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South-East Summit in Owerri: A Push for Unity and Economic Progress

On September 28-29, the city of Owerri was abuzz with prominent political leaders from...
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Cement Makers in Nigeria Battle for Market Share with Price Cuts 

Nigeria’s cement industry is witnessing fierce competition among the major players as they try...
Business

Ajaokuta Steel Complex: Nigeria’s Industrial Dream Revived 

Nigeria’s long-awaited Ajaokuta Steel Complex is nearing completion, with the potential to generate $1.6...
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Top 10 Nigerian Firms with the Highest Net Worth in 2023

Nigeria’s leading companies have shown remarkable resilience and growth in the first half of...
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How Nigeria’s First Local Currency Infrastructure Fund Could Boost Economy

Nigeria has made history by listing the first local currency-denominated infrastructure investment trust fund...
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Naira Plummets as World Bank Ranks It Among Africa’s Worst Currencies

The Nigerian naira has been ranked among the worst-performing currencies in Africa by the...
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VP Shettima: FG to Support Local Manufacturers with N75 Billion

Vice President Kashim Shettima stated that the federal government is committing N75 billion to...
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NCPC Praises First Lady Remi Tinubu for N500m Donation in Plateau State

The Nigeria Christian Pilgrim Commission's (NCPC) Executive Secretary, Reverend Yakubu Pam, has extended his...
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Nigeria Targets Economic Prosperity through Sustainable Policies – FG

Nigeria is actively working towards economic prosperity through the comprehensive execution of policies designed...
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Nigeria Open for Investment, Says President Bola Tinubu to Foreign Investors

President Bola Tinubu announced that Nigeria has removed barriers to investment and is now...
Business

Banks Grapple with N478bn in Bad Loans Amid Economic Strain

The economic downturn has taken its toll on banks, with four significant lenders reporting...
Business

UBA Reports Remarkable 1H 2023 Financial Growth: Profits Soar, Dividends Rise

United Bank for Africa (UBA) Plc reported significant financial growth for the first half...
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Tinubu Approves 30% Debt Relief for Nigerian Airlines Amid Rising Fuel Costs

KEY POINTS The federal government approved a 30% reduction in debts owed by domestic...
News

APC Announces Timetable for 2027 Elections, Begins Sale of Nomination Forms April 25

KEY POINTS APC will begin selling nomination forms for the 2027 elections on April...
News

Gunmen Strike Kwara Communities, Abduct Family of Three in Daylight, Kidnap 15 Overnight

KEY POINTS Gunmen abducted a family of three in a daytime attack in Kwara...
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Boko Haram Threatens to Execute Captives as Mediator Decries Government Silence

KEY POINTS Boko Haram faction threatens to execute up to 20 of 416 captives...