Business

FirstBank launches platform to boost digital payments

Promise Eze 10 September 2025 0

FirstBank, one of West Africa’s leading financial institutions, has launched the FirstMonie Merchant Solution to enable merchants and businesses across Nigeria to seamlessly accept digital payments. According to Nairametrics, the features of the solution include a streamlined onboarding

Interviews Oil & Gas

Kachikwu Proposes $1bn Fund, Policy Review to Revive Oil, Gas Investment

Motolani Oseni 10 September 2025 0

Prof. Emmanuel Ibe Kachikwu, a former Minister of State for Petroleum Resources, has proposed expanding the Nigerian Content Intervention Fund (NCI Fund) to $1 billion and reviewing existing oil and gas policies to attract foreign investment and unlock new partnerships in the sector. Speaking at the Nigerian Content Development and Monitoring Board’s (NCDMB) Business

Aviation Top Stories

NCAA summons airlines over passengers’ recurring complaints

Chukwuemeke Iwelunmo 10 September 2025 0

Worried by the growing number of complaints by passengers, the Nigeria Civil Aviation Authority (NCAA) may sanction some airlines in the country. This is coming as the aviation regulatory body has called domestic airlines to an emergency meeting over the growing number of flight delays, cancellations and affecting passengers across the country. The meeting, scheduled […]

Business

Air Peace delays flights after heavy rainfall in Lagos

Promise Eze 9 September 2025 0

Air Peace has announced delays to some of its flights on Tuesday following heavy rainfall in Lagos. In a statement signed by Osifo-Whiskey, the airline’s spokesperson, the carrier said weather conditions disrupted operations across its network. “Dear Esteemed Customer, Due to the heavy downpour of rain in Lagos this morning, some flights across our operating […]

Business

NCAA summons airlines over flight delays, threatens sanctions

Chukwuemeke Iwelunmo 9 September 2025 0

The Nigeria Civil Aviation Authority (NCAA) has summoned domestic airlines to an emergency meeting over rising complaints of flight delays, cancellations and poor service across the country. The meeting, scheduled for Wednesday at the NCAA headquarters in Abuja, was confirmed by Michael Achimugu, director of public affairs and consumer protection at the agency, via his

Business

Nigeria’s new tax laws gazetted, to take effect from 2026

Awwal Owolabi 9 September 2025 0

Nigeria’s tax reform laws have now been published in the Official Gazette, confirming their commencement after months of debate and political wrangling. Signed into law on June 26, 2025, the reforms are captured in four Acts: the Nigeria Tax Act (NTA), the Nigeria Tax Administration Act (NTAA), the Nigeria Revenue Service Establishment Act (NRSEA), and […]

Business

Sanwo-Olu to lead Lagos delegation to Fidelity Bank’s Atlanta trade conference

Promise Eze 9 September 2025 0

Fidelity Bank Plc said Lagos State Gov. Babajide Sanwo-Olu will lead the state’s delegation to the 2025 Fidelity Nigeria International Trade & Creative Connect (FNITCC) in Atlanta. The bank announced over the weekend that the three-day event, hosted in partnership with AFRICON, will take place Sept. 18–20, 2025. Nneka Onyeali-Ikpe, Fidelity Bank’s managing director and

Business News

FG moves to avert NUPENG strike as PETROAN, DAPPMAN weigh in

Promise Eze 8 September 2025 0

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the federal government’s intervention is yielding results in the dispute between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Dangote Refinery. Billy Gillis-Harry, PETROAN’s national president, made this known on Channels Television’s The Morning Brief programme on

Business

FG begs NUPENG to shelve strike over Dangote refinery dispute

Promise Eze 8 September 2025 0

The federal government has appealed to the National Union of Petroleum and Natural Gas Workers (NUPENG) to suspend its planned nationwide strike slated for Monday, over a labour dispute with the Dangote refinery. Daily Times reported that NUPENG had announced on September 5 that its members would begin sourcing alternative employment from September 8. It […]

Business

Falana backs NUPENG, demands FG to caution Dangote

Awwal Owolabi 8 September 2025 0

Femi Falana, SAN, a human rights lawyer, has warned that Dangote refinery’s alleged anti-union policy violates both Nigerian law and international labour conventions. Speaking in a statement issued on Sunday, Falana condemned reports that the Dangote Refinery was compelling newly recruited CNG tanker drivers to sign contracts preventing them from joining recognised unions

Business

United Nigeria Airlines signs purchase deal with Southwest Airlines for six Boeing Aircraft

Awwal Owolabi 7 September 2025 0

United Nigeria Airlines (UNA) has signed a purchase agreement with Southwest Airlines for six Boeing 737-800 aircraft. The signing took place on September 3 at Southwest’s headquarters in Dallas, Texas. The agreement confirms Southwest’s commitment to deliver the aircraft to UNA in line with the terms of the purchase contract. At the signing were senior […]

Business

5% fuel surcharge will not begin in January 2026 – FG

Promise Eze 7 September 2025 0

The Federal Government has clarified that the proposed 5% surcharge on fuel will not take effect automatically in January 2026. This follows concerns raised following the signing of the Harmonised Tax Act into law. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, made the clarification in a statement posted on […]

Business

Ecobank Shares Slide Despite Analyst Optimism, Debt Overhang Persists

temitope adebayo 6 September 2025 0

Ecobank Transnational Incorporated’s stock slipped to N36.00 at the close of last week’s trading on the Nigerian Exchange, dragging its market capitalisation down to N660.58 billion, even as investment firms maintained bullish calls on the Pan-African lender. The decline comes despite a 30.54 per cent year-to-date gain, with the stock struggling to break past its […]

Business

FIRS Seeks Global Reforms to Shield SMEs from Tax Evasion

Motolani Oseni 6 September 2025 0

The Federal Inland Revenue Service (FIRS) has urged global and national leaders to intensify efforts against cross-border economic crimes, warning that tax evasion, abusive transfer pricing, and illicit financial flows undermine fair competition, revenue mobilisation, and long-term economic growth. Speaking at the 42nd Cambridge International Symposium on Economic Crimes

Business

Africa Data Sovereignty Tops Agenda at Lagos Summit

Guest Writer 6 September 2025 0

Top ICT leaders, regulators, and enterprise executives will converge in Lagos on 18 September 2025 for a high-level dialogue on Africa’s data sovereignty, amid growing calls for stronger localisation policies across the continent. The summit, convened by cloud and IT infrastructure provider Olla Systems in partnership with Africa Hyperscalers, is expected to draw over 300

Business

Weak Insolvency Laws Threaten Businesses as BRIPAN, Polaris Bank Push Reform

temitope adebayo 6 September 2025 0

Nigeria’s fragile business environment continues to suffer from weak insolvency frameworks, leaving companies, especially small and medium-sized enterprises (SMEs), vulnerable to collapse, unpaid wages, and worsening economic instability. The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has now partnered with Polaris Bank in a bid to

Business

NGX Restores Trading in Universal Insurance Shares

temitope adebayo 6 September 2025 0

The Nigerian Exchange Ltd (NGX) has lifted the suspension placed on the trading of the shares of Universal Insurance Plc. This development, which became effective on Wednesday, September 3, 2025, now enables shareholders to resume trading of the company’s shares on the NGX platform. The suspension was lifted after the company had filed its Audited […]

Aviation

NCAA sets up committee to enhance accessibility for persons with disabilities

Chukwuemeke Iwelunmo 6 September 2025 0

Recognising the pains and difficulties suffered by people with disabilities in accessing public facilities, the Nigeria Civil Aviation Authority (NCAA) has taken a significant step toward improving air travel accessibility by inaugurating the NCAA Disability Inclusion Oversight Committee. The committee, tasked with ensuring the authority’s compliance with national

Business

NUPENG battles Dangote over alleged anti-union practices, monopoly

Promise Eze 6 September 2025 0

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has accused billionaire businessman Aliko Dangote of pursuing what it described as an anti-union agenda in the country’s oil and gas sector. This was contained in a joint statement issued on Friday in Abuja by Williams Akporeha, the union’s National Executive President. The union alleged […]

Business

FG denies ordering hike in CNG pump prices

Promise Eze 5 September 2025 0

The Federal Government has clarified that it did not direct operators in the Compressed Natural Gas (CNG) sector to increase pump prices, saying recent adjustments were decisions made by private players. The Presidential Initiative on Compressed Natural Gas (Pi-CNG) made this known in a statement signed in Abuja on Thursday by Matilda Johnson, its Brand […]