July 13, 2023
Nigeria: NCAA Suspends All 737 Aircraft in Max Air Fleet
The Nigeria Civil Aviation Authority (NCAA), on Wednesday, suspended all Boeing 737 aircraft in the fleet of indigenous airline operator, Max Air, with immediate effect. Read more »
Nigeria: Subsidy Removal - Be Patient, Palliatives Will Come, Tinubu Tells Nigerians
President Bola Ahmed Tinubu yesterday in Abuja urged Nigerians to exercise patience as the framework for palliatives to ameliorate the hardship brought on by the petrol subsidy… Read more »
July 12, 2023
Nigeria: NNPC Not Blocking Oil & Gas Sector Deals, Kyari Assures IOCs
The group chief executive officer of the Nigerian National Petroleum Company Ltd, Mele Kolo Kyari, has said that it is not blocking deals by International Oil Companies (IOCs)… Read more »
Nigeria: Persistent Vandalism of NNPCL Pipelines Will Cause Petrol Scarcity, Marketers Warn
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Ejigbo Satellite Depot, has warned of possible scarcity of petrol except the government acts fast to address… Read more »
Nigeria: Runway Light Stolen From Lagos Airport
Stakeholders in the nation's aviation sector have described the vandalisation and theft of the recently reinstalled airfield lighting systems at the domestic runway 18/36L of… Read more »
Nigeria: Stop Excess Charges, Illegal Deductions, Reps Tell Commercial Banks
The House of Representatives yesterday asked commercial banks operating in the country to stop excess charges and illegal deductions from their customers. Read more »
July 10, 2023
Nigeria: Vessel With Stolen 800,000-Litre Crude Oil Intercepted, Destroyed - NNPCL
A private security contractor, Messrs. Tantita Security Services, has intercepted a suspicious Vessel with a cargo of crude oil onboard. Read more »
Nigeria: NAHCON to Sanction State Boards Over Pregnant Pilgrims
Miffed with the high number of pregnant women to Saudi Arabia for the just concluded 2023 Hajj exercise, the National Hajj Commission of Nigeria (NAHCON) has threatened to sanction… Read more »
Nigeria: Naira Unification - Forex Inflow Rises By 28% to U.S.$1.41 Billion
Following the harmonisation of the exchange rates in the country by the Central Bank of Nigeria (CBN), the total inflows into the Importers & Exporters (I&E) Window… Read more »
July 07, 2023
Nigeria: Respite for Businesses As Tinubu Moves to Curb Arbitrary Taxation
In a bid to alleviate the tax burden on Nigerians and their businesses, President Bola Tinubu has signed four executive orders suspending some taxes. Read more »
July 06, 2023
Nigeria: Kano-Maradi Rail Contractor Evacuates $200m Equipment From Lagos Port
Mota-Engil has evacuated equipment worth $200m for the construction of $2billion Kano-Maradi Rail line from the Port and Cargo Terminals in Lagos. Read more »
Nigeria: Military Destroys 30 Illegal Refineries, Arrests 42 Suspects in 3 Weeks
The Defence Headquarters, (DHQ) has said troops of Joint Task Force Operations DELTA SAFE discovered and destroyed 30 Illegal refining sites and arrested 42 economic saboteurs in… Read more »
Nigeria: Nigeria Earns $11bn From Crude Exports in 5 Months
Revenue from crude oil sales as earned Nigeria $11 billion in the first five months of 2023. Read more »
July 04, 2023
Nigeria: PenCom Fines Defaulting Firms U.S.$15 Million
The National Pension Commission (PenCom) has sanctioned defaulting companies N12.09billion monetary fines, LEADERSHIP learnt. Read more »
Nigeria: Many Trapped As 4-Storey Building Collapses in Abuja
Tragedy struck yesterday in the nation's capital, Abuja, as about 20 persons were reportedly trapped in the rubble of a four-storey hotel building which collapsed in Dape, Life… Read more »
Nigeria: Subsidy Removal, Rising Inflation Weaken Nigerians' Purchasing Power
Purchasing power of Nigerians dropped in June 2023, as the effects of the fuel subsidy removal and rising inflation continue to gather momentum, LEADERSHIP learnt. Read more »
Nigeria: Kaduna-Abuja Roadside Businesses Boom As Hostility Eases Off
Following drastic improvement in the security situation on the Abuja-Kaduna highway, roadside businesses have also picked up accordingly with young ones who engage in such… Read more »
Nigeria: Expert Tells Nigerians to Expect Airfare Increase Amid Floating Naira
The general secretary of the Aviation Round Table Initiative (ARTI), Capt. John Ojikutu (rtd), has informed the flying public to brace-up for increase in airfare over the floating… Read more »
July 03, 2023
Nigeria: Address Epileptic Power to Improve Businesses, FAAN Urges Federal Govt
The Federal Airports Authority of Nigeria (FAAN), officials from the Yola International Airport, are seeking the federal government's intervention to address epileptic electricity… Read more »
Nigeria: Weed Overgrows Lafia Cargo Airport Taken Over By Federal Govt
The Lafia Cargo Airport in Nasarawa State is yet to commence operation more than 13 months after its commissioning by former President Muhammadu Buhari. Read more »
Nigeria: 2023 Elections - Presidency, Labour Party, CSOs Differ On EU Report
The critical report of the European Union Observer Mission (EUOM) in the 2023 general elections has caused divergent reactions from the presidency, the Labour Party and civil… Read more »
June 30, 2023
Africa: Aliko Dangote Retains Richest Man In Africa Status
Aliko Dangote, president of Dangote Group remains the richest man in Africa, despite the volatility of Nigerian currency against the dollar. Read more »
June 28, 2023
Nigeria: Kano, Adamawa, Kogi, 5 Others Score High in Budget Transparency - Report
Kano, Adamawa, Kogi and Jigawa states have been scored high for transparency and accountability in the budget and procurement process in 2022. Read more »
June 24, 2023
Nigeria: Tinubu Applauds AfDB's $520m Investment in Agro Industries
President Bola Ahmed Tinubu has welcomed an investment of $520million in specialised agro-processing zones by the African Development Bank (AfDB), praising the leader of the… Read more »
June 26, 2023
Nigeria: Naira - Importers Groan As Customs Raise Exchange Rate to N589.45/$1
From today, June 26, 2023, importers will pay more import duty for the clearance of their cargoes at the nation's seaports as the Central Bank of Nigeria (CBN) has increased the… Read more »