Lagos Airport Reopens After Fire; Flights Diverted
The Murtala Muhammed International Airport in Lagos has resumed operations following a fire outbreak. FAAN confirmed six injuries, no fatalities, and the diversion of three international flights.
Category : Business
NGX Leads Africa as Strongest Stock Market, Nears N126 Trillion
Nigeria's stock market emerges as Africa's top performer in dollar terms with 34.39% return, nearing N126 trillion market cap as investor confidence surges amid currency stability and policy reforms.
CBN Approves Bank78 MFB as New Digital Bank Launches
Bank78 MFB has officially commenced operations as a licensed digital microfinance bank in Nigeria, bridging the gap between fintech innovation and traditional banking reliability with full CBN licensing and NDIC deposit insurance.
CBN Deadline: Nigerian Banks Race for Capital
With four weeks left to meet the Central Bank of Nigeria's recapitalization deadline, major banks are prepared while smaller institutions scramble for funds. The move aims to strengthen the banking sector and support Nigeria's economic ambitions.
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Nigerian Lady Lands Office Administrator Job, Shares Joy Online
A Nigerian lady has expressed overwhelming joy after receiving an employment offer for the role of Office Administrator and Front Desk Manager, sharing the letter on social media.
Lagos Approves 13% Fare Increase on BRT Buses
The Lagos State Government has approved a 13% fare increase for all Bus Reform Initiative schemes, including BRT and standard routes, effective March 2, 2026, citing economic pressures.
Six Casualties in Lagos Airport Fire; Terminal 1 Incident Controlled
A fire outbreak at Murtala Muhammed International Airport's Terminal 1 in Lagos resulted in six casualties, all stable, with emergency teams containing the blaze and rescuing trapped individuals.
Air Ambulance Crash in India: Seven Feared Dead
An air ambulance carrying seven people, including a critically burned patient, crashed in Jharkhand's Chatra district after losing radar contact. The DGCA has launched an investigation.
Wike Cancels 485 Abuja Land Documents After Verification
FCT Minister Nyesom Wike has approved the cancellation of 485 land documents in Abuja after they failed to meet official verification standards during a comprehensive screening exercise.
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Fire at Lagos Airport Old Terminal Contained, No Casualties
A fire broke out at the old terminal of Murtala Muhammed International Airport in Lagos, with FAAN confirming emergency response teams swiftly contained the blaze and reported no casualties.
Anambra Shuts Auto Market for One Week Over Sit-at-Home
The Anambra State Government has ordered the closure of the New Auto Spare Parts Association market in Nnewi for one week due to non-compliance with directives against the sit-at-home order.
Fire at Lagos Airport Old Terminal During Renovation
A significant fire outbreak has occurred at the old terminal of Murtala Muhammed International Airport in Lagos, Nigeria. Authorities confirm the incident happened during ongoing renovation efforts to upgrade the facility.
Nigerian Stock Market Gains 0.65% as ASI Rises
The Nigerian equities market continued its bullish momentum on Monday, with the All-Share Index advancing 0.65% to close at 196,263.55 points. Investors gained N804.56 billion as insurance, oil & gas, and consumer goods stocks drove market performance.
Tinubu's Oil Revenue Order May Cause Job Losses - PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria warns President Tinubu's Executive Order restructuring oil revenue remittances could lead to significant job cuts in the sector.
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Naira Falls to N1,375/$ in Black Market as Forex Access Issues Persist
The Nigerian naira depreciated in the parallel market on Monday, with the US dollar selling at N1,375. Traders cite renewed demand and ongoing difficulties for BDC operators in accessing dollars from commercial banks.
Tinubu Approves N2.8tn for GenCos, Rejects N6tn Claim
President Bola Tinubu has approved N2.8 trillion as verified electricity subsidy debt to power generation companies, rejecting their N6 trillion claim after government audit.
Nigerians Abroad: Build Credit Scores Faster for Loans
Nigerians relocating to the UK, US, or Canada often lack local credit history. This guide explains credit scores and offers practical steps to build them quickly for accessing loans, rentals, and more.
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Lafarge Africa Honors Partners at 2025 Awards Ceremony
Lafarge Africa Plc recognized outstanding customers and transporters at its 2025 awards ceremony in Lagos, awarding vehicles and prizes to top performers including Ubotex Nigeria Limited as National Volume Champion.
FarmerMoni Portal Opens: N300,000 Loans for Farmers
The Federal Government has officially opened applications for the FarmerMoni Scheme, providing smallholder farmers with interest-free loans up to N300,000 to boost agricultural productivity nationwide.
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Analyst Warns of Risks in Tinubu's Oil Revenue Order
An oil industry analyst examines the potential risks of President Tinubu's executive order on direct oil revenue remittance, citing impacts on NNPC's investment capacity and investor confidence.
Dangote Refinery Resumes Petrol Sales at N774/Litre with New Marketers
Dangote Refinery has resumed Premium Motor Spirit sales at N774 per litre under a revised distribution framework that restricts direct access to approved major marketers and depot owners nationwide.
FG Announces Free Electricity Meter Installation Nationwide
The Federal Government has launched a nationwide initiative providing free electricity meters and installation to consumers across all 36 states and Abuja, warning against any illegal charges.
N10 Million Agricultural Performance Grant Opens in Niger Delta
Private agricultural service providers in Niger Delta can now apply for N3-10 million grants under PIND's performance-based funding model focused on climate-smart practices and digital innovation.
Nigeria Non-Oil Exports Hit $6.1Bn, Zenith Bank Tops
Nigeria's non-oil exports reached a historic $6.1 billion in 2025, growing 11.5% year-on-year. Zenith Bank emerged as the leading export-friendly bank, processing 32.31% of all export documentation.
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Recover from Public Work Mistakes and Rebuild Trust
A practical guide on handling public workplace errors professionally, including immediate steps to take, what to avoid, and strategies for rebuilding trust and protecting your long-term career reputation.
Naira Hits 3-Year High as Dollar Hoarders Sell, Reserves at $48.5bn
Nigeria's naira reaches a three-year high, driven by dollar hoarders selling off holdings and external reserves climbing to $48.5 billion. Central Bank reforms and strong economic fundamentals boost confidence, narrowing the gap between official and paral
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SPAR Opens New Hypermarket at Novare Central Mall in Abuja
SPAR Market Nigeria has launched its 17th store nationwide, a new hypermarket at Novare Central Mall in Wuse Zone 5, Abuja, offering a wide range of products and modern retail innovations.
Top 10 Banks Lead Nigeria's $17.78B Capital Inflow in 2025
The National Bureau of Statistics reveals Nigeria's capital importation hit $17.78 billion in 2025, with Standard Chartered, Stanbic IBTC, and Citibank topping the list of banks receiving the highest inflows.
Woman Rejects Apartment Over Grave in Corridor
A Nigerian woman's viral TikTok video shows her rejecting a spacious Lagos apartment after finding a grave in the corridor. The discovery sparked intense online debate about cultural beliefs and rental decisions.
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Petty Traders Grant 2026: Apply for N100,000 Support
The Petty Traders Grant Support Programme has opened applications for 2026, offering grants of N10,000 to N100,000 to eligible Nigerian entrepreneurs. Learn how to apply before the March 31 deadline.
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