Live intelligence from 10+ verified Nigerian and UK sources
The Airline Operators of Nigeria are calling on the NCAA to implement a 5% ticket sales fee to help address a significant N20 billion debt. This proposal aims to create a sustainable financial framework for the aviation sector.
Nigeria is recognized by the IATA as one of the most expensive countries for airline operations due to high costs. This highlights the ongoing challenges faced by the aviation sector in the country.
Mr. Cardoso has been awarded the 2026 Central Banking Central Bank of the Year Award in London. He dedicated this honor to the CBN team for their commitment to reforms and economic stability.
The Central Bank of Nigeria (CBN) has proposed new guidelines to protect the operations of interconnected financial institutions. These regulations aim to clarify the roles and boundaries among linked entities in the financial system.
Six insurance companies are aiming for a combined after-tax profit of N38.4 billion in the first half of 2026. This projection highlights the growth potential in Nigeria's insurance sector.
BlockDAG has emerged as the leading cryptocurrency in June, attracting traders with its low buyback price. This shift comes amid challenges faced by SOL and rising prices for ZEC.
FCMB has appointed Bismarck Rewane as Non-Executive Director and Chairman of the Board, with approval from the Central Bank of Nigeria. Rewane is recognized for his expertise in economics and leadership in Nigeria's financial sector.
The UK is investigating Ryanair for charging parents fees to sit with their children during flights. This policy affects families with children aged two to 11, raising concerns about fairness and accessibility.
Access Holdings has appointed Abiodun Adigun as the new CEO of Oxygen X. His experience is expected to drive growth amid increasing competition in Nigeria's digital lending sector.
inDrive aims to enhance driver autonomy and fare flexibility to strengthen its position in Nigeria's competitive ride-hailing market. The company is focused on capturing a significant share of Africa's largest mobility market.
Nigerian businesses are facing significant challenges due to insecurity and high taxation, despite a rise in overall business confidence. The harsh operating environment is impacting their growth and stability.
SAHCO is committed to enhancing trade partnerships between Nigeria and the UAE, along with major Gulf airlines. This initiative aims to facilitate trade and improve aviation handling services.
BNLF celebrates 25 years, focusing on enhancing UK-Nigeria legal and business partnerships. The event highlights Nigeria's commitment to attracting investment and strengthening trade ties.
Kingsley Moghalu has been appointed as the Chairman of the Advisory Board at Bluecode Payments Nigeria Limited. This role marks a significant step in his career following his tenure as Deputy Governor of the Central Bank of Nigeria.
The NCAA has revoked the operator's permit after an aircraft landed on a road near Asaba Airport due to difficulties during landing. This decision follows a preliminary investigation into the incident.
South Korea has imposed a record fine on Coupang for a significant data breach involving e-commerce data. Coupang plans to contest the fine in court, indicating a legal battle ahead.
GoPro faces challenges from rising expenses and increased competition, potentially jeopardizing its market position. The company, founded by Nick Woodman, has been navigating these risks since its public offering in 2014.
Investigations are currently ongoing into the Warri-Itakpe train accident, with officials expressing regret over the disaster. The Nigerian Railway Corporation is involved in the inquiry and has extended sympathies to the victims' families.
UNILAG has developed a strategy to enhance business sustainability in light of technological economic challenges. This initiative will be highlighted at the upcoming 2026 Annual International Research Conference.
TTP emphasizes the importance of truck efficiency and electronic call-up systems for sustainable port operations. This initiative aims to enhance working conditions for dockworkers and promote cleaner practices at ports.
A court has ordered a bank to reinstate employee Tajudeen Balogun and awarded him N5.5 million for wrongful dismissal. The decision was based on incorrect information from OAU that led to his termination.
AIICO Insurance Plc has announced a dividend payout of N4.4 billion, equating to 12 kobo per share, approved by shareholders. The company also appointed three new non-executive directors during its annual general meeting in Lagos.
Blessing Nkiruka Okoro, a social media influencer, has been remanded in custody by a Federal High Court in Lagos for alleged fraud and forgery involving N13 million. The case highlights ongoing issues of financial misconduct among public figures in Nigeria.
Jim Ovia, founder of Nigeria's largest bank, has made a surprising move into the real estate sector. His entry adds to the list of unexpected figures venturing into this industry.
FCMB has appointed economist Bismark Rewane as its new Board Chairman, enhancing its governance and leadership. This move is expected to positively influence the bank's strategic direction.
Guinness Nigeria collaborates with partners to address the issue of counterfeit products on World Anti-Counterfeiting Day 2026. Their initiative focuses on leveraging AI and digital connectivity to enhance product authenticity.
Dangote Refinery is poised to benefit from Russia's ban on jet fuel exports, which is extended until November 2026. This move could enhance its competitiveness in the global aviation fuel market.
Heirs Energies has been awarded for securing a $750 million oil agreement, recognized as the Best Oil & Gas Deal of the Year. This accolade highlights the company's significant achievement in the energy sector.
EandC Legal has successfully advised JR Farms Group on a significant $60 million coffee concession agreement with the Government of Liberia. This partnership marks a notable development in public-private collaboration in the agricultural sector.
Anambra State has partnered with PEBEC to improve business operations and attract investments. The collaboration aims to position Anambra as a business hub by 2070.