Leakages, High Costs Hinder Aviation Investment - Expert

Aviation expert Samuel Caulcrick highlights financial leakages, high operating costs, and policy uncertainties as key barriers deterring foreign investment in Nigeria's aviation sector, citing billions lost annually to illicit flows.

Tinubu to Inaugurate Ojota-Opebi Bridge, Other Lagos Projects

President Bola Tinubu will visit Lagos on April 8-9, 2026, to commission major infrastructure projects, including the Ojota-Opebi Link Bridge, aimed at easing traffic and boosting development. The state government assures minimal disruptions during the ev

Cement Price Surge Deepens Nigeria's Housing Crisis

The cost of a 50kg bag of cement in Nigeria has skyrocketed to between N10,500 and N15,000, exacerbating the nation's housing affordability crisis and pushing homeownership beyond reach for millions of citizens.

Tinubu Approves ₦3.3tn Power Debt Settlement Plan

President Bola Tinubu has approved a comprehensive ₦3.3 trillion plan to clear Nigeria's power sector debts, with ₦501 billion already raised and ₦223 billion disbursed to boost electricity supply.

EKEDC Shuts Down Ijora Station, Power Blackout Hits Lagos Areas

The Eko Electricity Distribution Company (EKEDC) has declared an emergency shutdown at the Ijora Transmission Station due to a technical fault, leading to a temporary power blackout affecting multiple communities and key financial institutions in Lagos. C

Tinubu Approves ₦3.3 Trillion Power Debt Settlement Plan

President Bola Tinubu has approved a ₦3.3 trillion payment plan to clear legacy debts in Nigeria's power sector, aiming to improve electricity reliability and investor confidence. Implementation is already underway with significant disbursements made.

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