Customs Celebrates First Female Commercial Multi-Engine Pilot
The Nigeria Customs Service honors Superintendent Nafisat Balogun as she becomes the first female commercial multi-engine pilot in the service, breaking gender barriers in aviation.
Category : Business
FG Borrows N100bn from Dormant Accounts as Debt Mounts
The Nigerian government has raised N100 billion through the Unclaimed Funds Trust Fund, tapping dormant bank accounts and unclaimed dividends to finance budget deficits. This move comes as Nigeria's total public debt reaches N187 trillion, highlighting gr
FG Clarifies FAAC Spending, Rejects World Bank Report Claims
The federal government has dismissed allegations of hidden spending and revenue diversion, stating that FAAC deductions are legitimate fiscal obligations, not missing funds.
Safari Owner Killed by Elephant After Vowing Not to Shoot One
Gary Freeman, a 65-year-old safari park owner in South Africa, was fatally trampled by an elephant while leading a tour. He had previously stated he would rather be killed by an elephant than shoot one, highlighting his deep connection to the animals.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
BBC to Cut Up to 2,000 Jobs in Major Downsizing Move
The BBC has revealed plans to eliminate up to 2,000 positions, marking its most significant workforce reduction since 2011. The cuts come amid severe financial pressures, including a £600 million cost-cutting initiative and declining license fee revenue.
Power Outages Hit Southwest Nigeria After Storm Damages Transmission Line
The Transmission Company of Nigeria declares force majeure after a rainstorm collapses a key transmission tower, disrupting electricity supply across multiple states in the Southwest region.
NPA Pensioners Threaten Port Shutdown Over Unpaid Benefits
Retirees of the Nigerian Ports Authority plan to shut down seaports nationwide in protest of over 16 years of unpaid pension benefits, citing constitutional violations and economic hardship.
Nigeria's Debt Service Hits N2.28 Trillion Domestic, $1.8 Billion External
Nigeria's debt service obligations surged in Q4 2025, with domestic payments reaching N2.28 trillion and external payments hitting $1.8 billion, driven by high interest costs and commercial debt.
Sintered Stone: The Ultimate Surface Material for Nigeria
Discover sintered stone, a premium material that never stains, scratches, or needs sealing. Perfect for Nigerian kitchens, floors, and walls, it outperforms marble and granite with zero maintenance.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Nigeria Oil Theft Crackdown: 586 Arrests, Dozens Convicted
Tantita Security Services reports intensified operations in the Niger Delta led to 586 arrests and 125 court cases against oil theft, signaling a shift from arrests to prosecutions.
Oranto Sells 75% Sao Tome Oil Stake to Brazil's Petrobras
Nigerian billionaire Arthur Eze's Oranto Petroleum has sold a 75% stake in Sao Tome's Block 3 to Brazil's state-owned Petrobras, marking a significant shift in West African oil exploration. The deal aligns with Petrobras' $1.3 billion international strate
Nigeria Becomes Net Petrol Exporter, Dangote Refinery Hailed
The House of Representatives Committee on Petroleum Resources (Downstream) hails Dangote Refinery's milestone, as Nigeria becomes a net exporter of refined petrol for the first time in March 2026, marking a major boost to the energy sector.
Pirates Abduct 20 Including JAMB Candidates in Calabar
Armed sea pirates have abducted at least 20 passengers, including UTME candidates, from a ferry traveling between Calabar and Oron. The incident highlights growing security concerns on Nigeria's waterways.
Carney: Canada's US Ties a Weakness in Trade War
Canadian Prime Minister Mark Carney warns that close economic ties with the US have become a vulnerability due to trade disruptions and tariffs, urging diversification for national sovereignty.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
FCCPC: No Ban on Airtime or Data Borrowing Services
The Federal Competition and Consumer Protection Commission clarifies it has not banned airtime or data borrowing services, attributing disruptions to operator compliance issues with new regulations.
FG Denies Revenue Mismanagement, Tasks Regional Commissions
The Federal Government has refuted claims of revenue diversion while charging regional development commissions with economic diversification. Meanwhile, former VP Atiku Abubakar criticizes economic policies following IMF growth forecast downgrade.
Experts Warn of Airport Vulnerabilities Amid Terror Alert
Security experts highlight critical gaps in Nigeria's airport security, citing perimeter fencing issues and intelligence failures, as the government works to mitigate risks and boost tourism.
Minister Tasks Flour Mills on 300,000MT Sugar Production Goal
Minister of State for Industry, John Owan Enoh, has directed Flour Mills of Nigeria PLC to expand its Golden Sugar Company's annual output to 300,000 metric tonnes by 2030, as part of Nigeria's push for self-sufficiency in sugar production.
Workers See Lower Tax Deductions, Says CITN President
The Chartered Institute of Taxation of Nigeria (CITN) states that workers are reporting reduced monthly tax deductions since the new tax laws took effect in January. President Innocent Ohagwa highlights harmonization of state taxes and elimination of nuis
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
NAICOM Calls for Compliance to Sustain ECOWAS Brown Card Scheme
The National Insurance Commission warns that delays in claims payment and weak enforcement are eroding confidence in the regional ECOWAS Brown Card Insurance Scheme, calling for strict adherence to guidelines.
Energy, Transport Costs Drive Office Space Demand Mismatch
Rising energy and transportation costs in Nigeria, especially in Lagos, are forcing businesses to adopt remote and hybrid work models, leading to a mismatch in office space demand and supply, with vacancy rates increasing.
Revive Ajaokuta Steel to Boost GDP by $115b, Save $9.1b Forex
Prof. Banji Oyelaran-Oyeyinka calls for urgent action on Ajaokuta Steel, highlighting its potential to contribute $115 billion to GDP, conserve $9.1 billion in foreign exchange, and create 70,000 jobs.
NIESV Charts Real Estate Strategy for Infrastructure Corridors
Estate surveyors and valuers from NIESV have detailed strategies to align real estate development with infrastructure investments, emphasizing data-driven planning and sustainable urban growth in Nigeria.
AccessARM Pensions to Meet Recapitalisation Ahead of Deadline
AccessARM Pensions Limited's Acting CEO, Abimbola Sulaiman, assures the company will meet pension industry recapitalisation requirements early, using internal resources, as discussed at the Pension Conference 2026.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
World Bank's Fuel Import Advice for Nigeria Sparks Debate
The World Bank's recommendation for Nigeria to resume petrol imports has ignited controversy, with critics arguing it conflicts with national laws and undermines domestic refining investments like Dangote Refinery.
Zulum Launches 500 Electric Tricycles for Jobs, Clean Transport
Borno State Governor Babagana Umara Zulum has distributed 500 electric tricycles worth N1 billion to promote cleaner transportation and create employment for youth in Maiduguri and Jere.
Nigeria's Terms of Trade Up 0.01% in Q4 2025
Nigeria's all-commodity terms of trade increased by 0.01% in Q4 2025, with exports rising 0.12%. The NBS report details regional price changes and imports from France.
Oil and Gas Stocks Gain 17.6%, Market Cap Rises N8.7 Trillion
The Nigerian Exchange Limited saw the oil and gas sector lead gains with a 17.59% rise, driven by Aradel, Japaul Gold, and Seplat. Market capitalization increased by N8.67 trillion, with the all-share index up 6.56%.
Customs Celebrates First Female Pilot, Nafisat Balogun
The Nigeria Customs Service celebrates Superintendent Nafisat Balogun as the first female officer to earn a commercial multi-engine pilot license in the U.S., marking a breakthrough for gender inclusion in aviation.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Functional De-Dollarisation: Nigeria's Strategic Vulnerability Mitigation
This article explores Nigeria's 'Naira-for-Crude' policy, a key pillar of economic reform aimed at reducing dollar dependency for fuel imports. It analyzes the mechanics, risks, and implications of this functional de-dollarisation strategy.
Page 212 of 431
