Maritime

NPA to sustain gains in Nigeria’s 2025 export performance

Guest Writer 14 August 2025 0

The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has called on his management team to renew their commitment to enhancing port efficiency. Speaking during the recently concluded NPA Management Retreat in Onne, Rivers State, Dantsoho said such improvements are

Business

NIMASA governing board pledges full support to drive Nigeria’s blue economy

Guest Writer 14 August 2025 0

The Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged unwavering support to the Agency’s Executive Management in fulfilling its mandate. At the Board’s inaugural meeting in Lagos, Chairman Yusuf Hamisu Abubakar assured that the Board would work closely with management to advance NIMASA’s objectives, with the ultimate goal of

Business Top Stories

‘Not a good signal’ — Stakeholders criticise FG for Making KWAM 1 aviation ambassador

Guest Writer 14 August 2025 0

Aviation stakeholders have condemned the withdrawal of charges on Ibom Air passenger Comfort Emmanson and the pardon of fuji musician Mr Ayinde (KWAM 1) from facing prosecution. Speaking with our correspondent in Lagos, they described the action as retrogressive in the aviation sector, saying Nigeria has become a laughing stock in the world. Comrade AbdulRasaq […]

Business

Nigeria, Philippines to deepen labour ties, protect migrant workers

Ukpono Ukpong 14 August 2025 0

Nigeria and the Republic of the Philippines have committed to strengthening bilateral labour cooperation, with a renewed focus on protecting migrant workers and simplifying migration processes between both countries. This follows a closed-door meeting in Abuja between the visiting Minister of Migrant Workers of the Philippines, Hon. Hans Leo Cacdac, and Nigeria’s Minister

Business

FG reaffirms steady gas supply to Togo, Benin, Ghana to combat energy poverty

Promise Eze 13 August 2025 0

The federal government says it will maintain a steady supply of gas to Togo, Benin Republic and Ghana as part of efforts to tackle energy poverty and boost economic growth in West Africa. Ekperikpe Ekpo, minister of state for petroleum resources (gas), gave the assurance on Tuesday in Abuja during a meeting with the outgoing […]

Aviation

Farouk Umar: Deepening safety through innovative leadership at NAMA

Guest Writer 13 August 2025 0

It is a rare quality to possess a personality that captivates the attention and goodwill of staff members who work under any Chief Executive in organisations, whether public or private. The Managing Director of the Nigeria Airspace Management Agency (NAMA), Engr. Umar Ahmed Farouk, by all standards, seems to enjoy such privilege, having been widely […]

Business

OPEC raises crude output by 263,000 bpd to 27.54m in July

Guest Writer 13 August 2025 0

The Organisation of the Petroleum Exporting Countries (OPEC) increased crude oil production by 263,000 barrels per day (bpd) in July, bringing total output to 27.54 million bpd, according to its latest Monthly Oil Market Report. Saudi Arabia, OPEC’s top producer, led the surge with an output boost of 170,000 bpd to 9.53 million bpd, while […]

Business

NGX Group employees tackle child malnutrition through volunteer project

Guest Writer 13 August 2025 0

Employees of Nigerian Exchange Group NGX are volunteering their time and expertise to combat child malnutrition in underserved Lagos communities. Through a multi-stakeholder initiative co-championed by NGX Group and Health Emergency Initiative (HEI) Nigeria, in partnership with the Lagos State government, Project Bringing Life to Our Overlooked Minors (BLOOM), NGX Group

Business

Bitcoin falls 2% to $118,400 as crypto market cap slips to $3.94trn

Motolani Oseni 13 August 2025 0

Bitcoin lost ground in early Tuesday trading, slipping 2 per cent over the past 24 hours to $118,400, as profit-taking and mixed market sentiment halted its push toward a new all-time high. Despite the daily decline, the world’s largest cryptocurrency remains up 3.19 per cent over the past week, according to data from coinmarketcap.com. Ethereum […]

Business

Short-term rates mixed as banks’ borrowing from CBN jumps to N186.3bn

Guest Writer 13 August 2025 0

Short-term benchmark interest rates moved in different directions on Monday as deposit money banks sharply increased borrowing from the Central Bank of Nigeria’s (CBN) standing lending facility to cover liquidity shortfalls. AIICO Capital Limited reported that system liquidity, though still positive, moderated after balances dropped by N436.38 billion, prompting banks to

Business

NAICOM inaugurates 2025 recapitalisation committee to drive industry stability

Motolani Oseni 13 August 2025 0

BY MOTOLANI OSENI The National Insurance Commission (NAICOM) has inaugurated an 11-member 2025 Recapitalisation Committee to oversee the implementation of the newly approved Nigeria Insurance Industry Reform Act (NIIRA) 2025, signed into law by President Bola Ahmed Tinubu. Chaired by Mrs. Oluwatoyin Charles, NAICOM’s Director of Supervision, the Committee is tasked with

Business

Equities market gains N110bn as YTD return climbs to 41.91%

Guest Writer 13 August 2025 0

The Nigerian equities market advanced on Tuesday, with investors’ year-to-date return rising to 41.91 per cent as renewed bargain hunting in financial, consumer goods, and industrial stocks boosted market capitalisation by N110 billion to N92.41 trillion. The Nigerian Exchange (NGX) All Share Index added 0.12 per cent to close at 146,055.89 points, reflecting sustained

Aviation News Top Stories

NCAA calls for eyewitness accounts in Ibom Air incident as NBA condemns lifetime ban

Guest Writer 13 August 2025 0

As aviation authorities continue to unravel the circumstances surrounding the evacuation of Ibom Air passenger, Comfort Emmanson from the aircraft, the Nigeria Civil Aviation Authority (NCAA) has called for eyewitness accounts in Ibom Air flight fracas. The Director of Public Affairs and Consumer Protection at the NCAA, Michael Achimugu, has called on passengers who

Aviation

A week after Value Jet, AON slams no-fly life ban on Ibom Air passenger

Guest Writer 12 August 2025 0

The Airline Operators of Nigeria (AON) has placed Ms. Comfort Emmanson on its ‘No Fly’ list indefinitely, for unruly behaviour. With this ban, the AON said she is banned from flying with any AON member either domestically or internationally for life. A statement by the Public Relation Officer of the association, Dr. Obiora Okonkwo condemn […]

Business

Airline operators bans passenger for life over assault on Ibom Air crew

Awwal Owolabi 12 August 2025 0

The Airline Operators of Nigeria (AON) has banned Comfort Emmanson, a passenger on Ibom Air flight Q9 303, for life over an alleged physical assault on members of the airline’s crew. The incident, which occurred on Sunday aboard a Uyo-to-Lagos flight, was captured in videos that have since circulated online. The footage has sparked debate […]

Business

Uber, Bolt, others face stricter safety, licensing rules in Lagos

Promise Eze 11 August 2025 0

The Lagos State Government has issued a strong warning to e-hailing companies and operators over rising safety concerns and repeated regulatory violations. It has ordered immediate vehicle inspections and strict compliance with state transportation laws. At a stakeholders’ meeting held at the Ministry of Transportation headquarters in Alausa, Ikeja, Oluwaseun Osiyemi,

Business

FIRS launches e-invoicing platform to boost tax compliance

Promise Eze 11 August 2025 0

The Federal Inland Revenue Service (FIRS) has launched a new electronic invoicing solution to transform how businesses pay taxes in Nigeria. It is a move aimed at making tax compliance faster, easier, and more transparent. Zacch Adedeji, FIRS Executive Chairman, disclosed this in a statement by Dare Adekanmbi, his Special Adviser on Media, in Abuja […]

Business

NEPC: Nigeria exports 663m metric tonnes to ECOWAS in H1 2025

Promise Eze 11 August 2025 0

Nigeria exported 663 million metric tonnes of products to 11 ECOWAS member states in the first half of 2025, according to the Nigeria Export Promotion Council (NEPC). The figure represents a significant increase from the same period in 2024, highlighting the country’s growing role in regional trade. Speaking on Sunday in Abuja while presenting the […]

Business

SEC DG elected vice-chair of global securities regulatory body

Tom Okpe 10 August 2025 0

Emomotimi Agama, director-general of the Securities and Exchange Commission (SEC), has been elected vice-chairman of the Africa/Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions (IOSCO). The SEC announced the development in Abuja on Sunday, noting that Agama will serve on the IOSCO board — the organisation’s highest

Business

Okonjo-Iweala backs Africa tourism, creative economy expo in Abuja

Msugh Ityokura 10 August 2025 0

Ngozi Okonjo-Iweala, director-general of the World Trade Organization (WTO), has backed the upcoming Africa Tourism and Creative Economy Expo (AFTCEE) scheduled for November in Abuja. She urged African nations to seize the opportunity offered by the event to harness their cultural and creative assets for accelerated trade and economic growth. “The theme of this Expo, […]