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ECONOMY
FG Reaffirms Commitment to Naira-for-Crude Initiative Amid Forex Pressure
The Federal Government has reiterated its commitment to sustain the Crude and Refined Product Sales in Naira initiative, describing it as vital to easing Nigeria’s foreign exchange (forex) challenges and securing the nation’s long-term…
Fasua Clarifies Comments on 1$/Naira value, Poverty Amid Backlash
The Special Adviser to President Bola Tinubu on Economic Affairs, Tope Kolade Fasua, who has recently come under heavy criticism over his comment on the value of the naira compared to a dollar has clarified his recent comments on the…
President Tinubu Mourns Passing of Chief Pascal Dozie
President Bola Ahmed Tinubu extends his heartfelt condolences to the Dozie family, the business community, and all Nigerians on the passing of Chief (Dr.) Pascal Gabriel Dozie, an elder statesman, entrepreneur, and banker. He was 85.
In…
Diamond Bank Founder, Chairman MTN Nigeria, Pascal Dozie is Dead
Mr. Pascal Gabriel Dozie, the founder of the defunct Diamond Bank Nigeria Limited and a former chairman of MTN Nigeria, has died at the age of 85.
The former banker, according to family sources that spoke to journalists died in the…
Ibas Prepares Rivers 2025 Budget with Focus on Development
The Sole Administrator of Rivers State, Vice Admiral Ibok Ete Ibas (retd.), has announced that preparations are in progress for the state’s 2025 budget, prioritizing healthcare, education, agriculture, infrastructure, and job…
Tinubu Signs Investments and Securities Act 2025 Into Law
President Bola Ahmed Tinubu has officially signed the Investments and Securities Act (ISA) 2025 into law, marking a significant advancement in Nigeria's capital market regulation.
This new legislation repeals the Investments…
Nigeria’s Newest Airline, ‘Enugu Air’ Set to Launch, Acquires Two Embraer E170…
Enugu Air, Nigeria’s latest start-up airline is set to begin operations with two it newly acquired Brazilian made Embraer E170 jets.
The two jets already registered with registration numbers, 5N- ENU and 5N-ENR are currently at a…
Senate Confirms Prof. Melvin Ayogu as CBN Board Member
The Senate has confirmed the nomination of Prof. Melvin Damian Ayogu a member of Board of Directors of the Central Bank of Nigeria (CBN).
The affirmation of Prof Ayogu follows the adoption of the report of the Senate Committee…
Keyamo Proposes Fly Nigeria Act to Boost Local Aviation Industry
In a bold move to strengthen Nigeria’s aviation sector, the Minister of Aviation and Aerospace Development, Festus Keyamo, has proposed the Fly Nigeria Act, a policy that would mandate government officials to prioritize Nigerian…
FG Upgrade Muhammadu Buhari Airport Maduguri to International Airport
The Federal Government has announced the upgrade of the Muhammadu Buhari Airport, Maiduguri, Borno to international airport.
The Minister of Aviation and Eurospace Development, Mr. Festus Keyamo made the announcement on…