Russian court fines Austrian bank Raiffeisen $400m

A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.

Tinubu Names New NERC Board, Oseni as Chairman

President Bola Tinubu has reconstituted the NERC board with Dr. Mulisiu Oseni as Chairman. The new team is tasked with implementing the Electricity Act 2023 to transform Nigeria's power sector. Read the full details here.

CGIN Bill to Reposition ICSAN, Expand Professionalism

ICSAN President Uto Ukpanah reveals the Chartered Governance Institute of Nigeria Bill will reposition the institute and expand members' roles in governance, compliance, and risk oversight. Learn about the progress.

Kebbi Govt Downplays Insecurity, Woos Investors

Kebbi State Government assures investors of a stable environment for business, highlighting strong regulations and key sectors like energy and agriculture. Dr. Mohamed Kamba says insecurity is exaggerated.

UAE invests $6bn in Africa's tourism sector

The UAE announces a massive $6 billion investment plan for African tourism development, targeting aviation, infrastructure, and digital projects. Learn how this partnership aims to create thousands of jobs.

US Inflation Cools Unexpectedly in November

US consumer inflation slowed to 2.7% in November, below forecasts. The data, delayed by a government shutdown, shows easing price pressures despite earlier tariff impacts. Read the full analysis.

Ibom Air International Flights Start April 2026

Ibom Air is set to commence international operations from Victor Attah Airport, Uyo, in April 2026. The move follows key upgrades and marks a major milestone for Akwa Ibom State's aviation sector.

Bank of England Cuts Interest Rate to 3.75%

The Bank of England has cut its key interest rate to 3.75% after UK inflation eased faster than expected. Governor Andrew Bailey confirmed the move, marking the sixth reduction since August 2024. Read more for the full analysis.

FG Issues Bakassi Deep Seaport Compliance Certificate

Cross River Governor Bassey Otu receives Federal Government's compliance certificate for the $3.5 billion Bakassi Deep Seaport, hailing it as a game-changer for Nigeria's maritime economy. Read more.

Woman invests N650k in solar for drinks business, not home

A Nigerian businesswoman's decision to install a N650,000 solar system to power her cold drink freezer, rather than renovate her old house, has ignited a major debate online. Discover the full story and public reactions.

Turbulence Sparks Prayer on London-Abuja Flight

A viral video shows passengers praying during severe turbulence on a London to Abuja flight. Witness the tense mid-air moment and the collective reaction of travelers. Watch the footage now.

Ogun Speaker Lauds Dangote for Job Creation

Ogun Speaker Daisi Elemide commended Aliko Dangote for job creation at Dangote Cement's Community Day, where N15.72m scholarships were awarded. He urged other wealthy Nigerians to invest locally to curb 'japa'.

BP Appoints First Female CEO in Historic Move

British energy giant BP names industry veteran Meg O'Neill as its new CEO, marking the first external and female appointment in its 116-year history. Discover the strategic shift behind this major leadership change.

Passenger Tried to Open Plane Door Mid-Flight

A passenger on Alaska Airlines Flight 87 attempted to open a cabin door mid-air, leading to restraint by fellow travellers and his arrest. Read the shocking details of the incident.

Nigeria's Debt, Salaries Exceed Revenue in 2025

Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.

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