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Category: Business
Airport staff returns $1,700, passports to passenger at Lagos airport
A staff member at the Murtala Muhammed International Airport (MMIA) in Lagos, Frank Omorojie, has been commended for returning a lost purse containing cash and…
US-Iran war: NNPCL hikes oil prices by $7/barrel
The Nigerian National Petroleum Company Limited (NNPCL) has raised the official selling prices of all 37 Nigerian crude grades for May-loading cargoes, according to a…
CAC finally speaks on manipulation of firms’ data after cyber attack in Nigeria
Nigeria’s Corporate Affairs Commission (CAC), has finally reacted to claims that the records of DAAR Communications on its database was manipulated after recent cyber attacks….
Nigerian filling stations increase petrol price after Dangote Refinery’s hike
Nigerian filling stations have increased their petrol price hours after Dangote Refinery raised its gantry petrol price. OUr correspondent observed that MRS, BOVAS and other…
Tinubu sacks NMDPRA boss amid jet fuel pricing row
Four months after his appointment, President Bola Tinubu has sacked the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Saidu Mohammed. Mohammed’s…
Fast-track financial support, IMF tells Nigeria, others
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has advised countries facing economic pressures to act swiftly in seeking financial support when…
Again, United Nigeria Airlines suffers bird strike
Another aircraft belonging to United Nigeria Airlines flying from Port Harcourt to Abuja has been grounded after suffering a bird strike while landing at its…
CAC finally confirms cybersecurity breach affecting millions of Nigerian companies’ records
The Corporate Affairs Commission (CAC) has confirmed unauthorized access into its database, affecting millions of companies. CAC made this confirmation in a statement on Wednesday…
Dangote, Pope Leo XIV, Trump, Xi Jinping, others Named in TIME 100 Most Influential People for 2026
Renowned African industrialist and philanthropist, Aliko Dangote, has been named among TIME Magazine’s 100 Most Influential People in the World for 2026, reaffirming his standing…
FAAC deductions gulp 41% of N84tn revenue in three years
Nigeria’s federation revenues rose to N84tn over the past three years, but 41 per cent of these earnings was lost to pre-distribution deductions, significantly shrinking…