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News

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
News

Tinubu agrees to waive airline debts as Jet A1 fuel prices soar

Aviation Minister Festus Keyamo says President Tinubu has agreed to waive the debts Nigerian airlines owe to aviation agencies as Jet A1 fuel prices soar.
Business

Air Peace To Shift Regional Flights To Daytime Operations In 2026

Air Peace plans to move regional flights to daytime operations and expand Africa routes by early 2026 to improve connectivity and passenger convenience.
Business

Air Peace Breaks Leasing Barrier With New Boeing 737-NG

Air Peace makes history with a new Boeing 737-NG dry lease, boosting Nigeria’s aviation growth and restoring industry confidence.
News

Nigeria, COMAC in Talks to Boost Local Airline Fleet

Nigeria and COMAC move closer to an aircraft partnership that could transform local aviation through affordable fleet expansion and training initiatives.
News

Air Peace Aircraft Hits Antelope on Asaba Runway

An Air Peace plane collided with an antelope at Asaba Airport during a short taxi, causing a grounding and delays as investigators are examining runway safety.
News

Air Peace CEO Praises FG’s Efforts to Boost Aviation

Air Peace CEO Allen Onyema commends Nigeria’s government for promoting ease of doing business in aviation and announces new international routes in development.
News

Business Prospects Brighten with Dangote’s Refinery and Onyema’s Air Peace

The Nigerian economic landscape is witnessing a promising shift as two prominent figures, Aliko...

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News

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
News

Analysts urge Nigeria to plug N31trn deficit by listing state assets

Analysts say Nigeria can fix its 31 trillion naira budget deficit by listing state-owned assets on the stock market instead of piling on more debt.