UK Army Reveals Officer Salaries by Rank
The UK military has disclosed annual salaries for second lieutenants, captains, and majors, converted to Nigerian naira for comparison. Learn the earnings by rank.
Category : Business
N400 Billion Airtime Lending: Who Owns Nigeria's Firms?
A viral debate exposes ownership questions behind Nigeria's N400 billion airtime lending market, with FCCPC dismissing claims of new approvals and corporate records revealing complex structures.
NDEBUMOG, Oxfam Push for Women's Inclusion in Extractive Sector
Stakeholders urge regulators to address structural barriers limiting women's participation in Nigeria's extractive sector, calling for gender-sensitive policies and equitable representation in host community trusts.
UK Fines Cambridge English £875K Over IELTS Errors
Ofqual fines Cambridge English £875,000 after computer-marking errors miscalculated IELTS scores for over 62,000 candidates worldwide between 2023 and 2025.
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Cooking Gas Prices Soar Over 60% in Nigeria as LPG Crisis Worsens
Cooking gas prices have surged over 60% in Nigeria since May 2026, forcing families to revert to firewood. Depot rates rise amid global oil tensions.
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Airtime Lending: Ownership of 9 New Operators Raises Questions
As Nigeria's airtime lending market opens up, questions about who owns the nine new operators emerge, sparking calls for transparency and scrutiny of monopoly claims.
Tinubu Restates FG, States Collaboration on Investment Barriers
President Tinubu reaffirms commitment to collaborating with states to reduce investment barriers, citing policy inconsistencies, regulatory inefficiency, and poor infrastructure.
Tinubu's Concrete Road Prevents Air Disaster in Delta
An aircraft in distress landed safely on a concrete road built by Tinubu's administration in Delta state, averting a potential crash. Minister Umahi highlights the importance of durable infrastructure.
Max Air Grounded Nationwide Over N9bn Debt
Max Air operations halted nationwide as ground handlers suspend services over N1 billion debt. Hajj flights unaffected.
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US Military Publishes 2026 Basic Salaries for New Intakes and Officers
The US military has released its 2026 basic salary structure for enlisted members, warrant officers, and commissioned officers, detailing pay by rank and years of service.
MTN Plans Loan App Launch in Nigeria After TV Platform
MTN plans to launch a loan app in Nigeria, targeting the credit gap as it moves beyond telecom into digital lending and financial services.
Akara Business Couple Builds House, Buys Car from N12,000
A Nigerian couple who started selling akara with N12,000 capital have built a house and bought a car. They share their inspiring journey and plans for expansion.
Kasapreko IPO Raises N208.54bn, Oversubscribed by 146%
Kasapreko Plc, maker of Alomo Bitters, attracted N208.54 billion in subscriptions for its IPO, oversubscribing by 146%. Shares to trade June 15, 2026.
Private Jet Lands on Road in Delta State, NCAA Grounds Aircraft
A Bombardier Challenger 601 business jet landed on a road in Ogwashi-Uku, Delta State, after a missed approach to Asaba Airport. NCAA grounds aircraft and suspends operator's permit.
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Trump threatens to bomb Iran: Fuel price impact
Donald Trump threatens to bomb Iran after a peace wish, risking oil shocks. Brent crude surges past $93, threatening fuel prices and inflation in Nigeria.
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Why Nigerian Entrepreneurs Are Moving to Oloja: Free Platform
Oloja by Payxy offers Nigerian SMEs a free digital commerce platform with online store, payment collection, inventory management, and business intelligence. No fees to start.
Otti Backs SE Transport Conference, Seeks Participation
Abia Governor Alex Otti sponsors a two-day South-East transport conference in Umuahia with CIOTA to promote sustainable urban mobility and green energy solutions.
Resilience, Leadership Key to Building Airline in Nigeria
Binani Air management expresses confidence despite challenges, emphasizing professionalism, service excellence, and resilience as keys to building a trusted airline in Nigeria.
Dollar Crashes, Naira Trades at New Rates, Reserves Top $50bn
The US dollar faces renewed pressure as inflation surges, while Nigeria's naira slips despite reserves climbing above $50 billion. Experts warn the growth may be short-lived.
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Russia Jet Fuel Ban Boosts Dangote Refinery
Russia extends jet fuel export ban until November 2026, tightening global supplies. Dangote Refinery emerges as key alternative supplier, exporting 1.1 billion litres to Europe.
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Lagos Announces Next Phase of Lekki Port Expansion
Lagos State plans Phase Two of Lekki Deep Sea Port due to rising cargo demand, boosting capacity and trade under AfCFTA.
CBN Survey: Nigerian Businesses Optimistic, Naira Seen Rising
A CBN survey reveals improved business confidence across all sectors in Nigeria, with expectations of naira appreciation, though employment outlook remains negative.
UAE Army Salary 2026: Full List by Rank Released
The UAE Army salary breakdown for 2026 reveals pay ranging from 148,300 to 421,400 AED, with a gender pay gap and experience-based increases.
UK Urged to Relax Work Visa Rules for Nigerians, Others
The UK Migration Advisory Committee proposes lowering salary thresholds for skilled worker visas to address labour shortages, benefiting Nigerians in healthcare, engineering, and IT.
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FIFA Defends Ticket Prices and Visa Handling
FIFA President Gianni Infantino defends visa handling and ticket pricing ahead of the World Cup, citing efforts to resolve issues and unify through football.
Shettima: Lagos Produced Africa's Richest Billionaires
Vice President Kashim Shettima says Lagos was key to building fortunes of Aliko Dangote and Abdul Samad Rabiu, contributing 30% of Nigeria's GDP and hosting five of Africa's nine unicorn startups.
NPF Pensions Digital Platform for Police Officers
NPF Pensions unveils a digital assistant for police, attracting 30,000 officers. The platform offers RSA services via WhatsApp, aiming to overcome geographical barriers.
Fitness Entrepreneur Chiamaka Builds Confidence Through Wellness
Chiamaka Catherine Ginikinwa, founder of ChaCha Fit, turned personal adversity into a fitness career, helping over 100 clients build confidence and healthier lives.
ELRA, NADF Sign MoU to Boost Farmers' Access to Equipment
ELRA and NADF have signed an MoU to expand farmers' access to agricultural machinery through leasing, aiming to boost food security and productivity in Nigeria.
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NiMet Forecasts Thunderstorms, Rainfall Across Many Nigerian States
The Nigerian Meteorological Agency predicts thunderstorms and rainfall across many states on Thursday, June 11, with warnings of flooding and strong winds.
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