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Category: Business
15% fuel tariff’ll boost local refining, stabilise naira — NECA
The Nigeria Employers’ Consultative Association (NECA) has commended the Federal Government on the recently announced 15 per cent import tariff on certain petroleum products, describing…
Nigeria, IMF deepen talks on 2026–2030 economic reform, growth plans
Nigeria and the International Monetary Fund (IMF) have intensified consultations on the country’s reform agenda and medium-term growth plans, as both sides work toward shaping…
FAAN sets zero-tolerance policy against touting at airports
Following Senator Osita Izunaso’s recent outburst over what he described as a “national embarrassment” caused by touting and begging at Nigerian airports, the Federal Airports…
Dangote Refinery reduces fuel price after massive drop in imported petrol rates
Dangote Refinery has reduced its gantry price of Premium Motor Spirit after a significant drop in the landing cost of imported petrol in Nigeria. Checks…
More than 1,400 flights cancelled as US Air Traffic cuts enter second day
More than 1,400 flights to, from, or within the US were cancelled on Saturday after airlines were told this week to cut traffic during the…
Elon Musk set to become world’s first trillionaire
Billionaire Elon Musk, the world’s richest person, is nearly halfway to becoming the planet’s first trillionaire, Forbes magazine reported. The Tesla and SpaceX CEO became…
Top 6 countries in Africa with most billionaires
Africa’s ultra-wealthy class reached a new milestone in 2025, with 22 billionaires collectively worth an estimated US$105 billion—a significant jump from US$82.4 billion and 20…
FG unveils new tax reform laws in major economic policy shift
The Federal Inland Revenue Service (FIRS) will on Monday, officially unveil the Nigeria Tax Reform Acts at a strategic stakeholder engagement session in Abuja. The…
Nigeria economy records strong growth — Edun
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has said that the nation’s economy is witnessing a progressive growth. Edun said…
FEC okays biometric flight boarding, PH airport concession
The Federal Government has approved the concession of the Port Harcourt International Airport to private operators, saying the move will boost efficiency and reduce losses…