News

The NGX ended the week on a softer note as profit-taking in Presco and other selected stocks pulled the benchmark index lower despite positive market breadth. CNIF led the gainers’ chart with a 10.00 percent rally, while Presco...

Atiku rejects Obasanjo's allegation, saying there is no evidence he bribed the late Ghali Umar Na'Abba to impeach the former President during their time in office. Former Vice President faults timing of claim, arguing it is unfair to...

INEC Chairman Prof. Joash Amupitan warns that Nigeria cannot guarantee free, fair and credible 2027 general elections unless the electoral commission is granted full financial autonomy. Says continued dependence on the annual appropriation process and budget approvals by...

Credit to Nigeria's private sector increased by N2.22 trillion in June, pushing total outstanding lending to N83.26 trillion, according to the latest data from the Central Bank of Nigeria. Private sector credit rose by about nine per cent...

Dangote Cement has opted for a secondary listing in London after ruling out Dubai, saying the UK market offers a faster and more practical route to attract global investors. The company plans to complete the listing before the...

Governor Abba Kabir Yusuf unveils plans to establish a state-owned commercial airline, with operations expected to begin within the next year. Proposed Kano Airline will provide direct employment opportunities for indigenous pilots trained under the state's aviation scholarship...

The Nigerian Safety Investigation Bureau has launched an investigation after an Enugu Air aircraft veered off the runway while landing at Benin Airport on Thursday Aviation Minister Festus Keyamo said the aircraft experienced a runway excursion after landing...

Saadia Zahidi becomes the first woman appointed to lead IATA since its creation in 1945. The World Economic Forum executive will take over from Willie Walsh on November 1, 2026. Her appointment brings a global economics and workforce...

The United States has introduced new tariffs of 10% to 12.5% on imports from dozens of countries. The policy affects nearly all U.S. imports and targets supply chain concerns linked to forced labour. Countries with stronger enforcement measures...

FRSC directs motorists to alternative routes after multiple crashes cripple traffic on the Kara Bridge section of the Lagos-Ibadan Expressway. One person killed and two others injured in separate overnight crashes involving five articulated trucks, a Toyota Sienna...