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Sudan and Ethiopia agree to boost air connectivity
Sudan and Ethiopia have moved to renew civil aviation relations between the two countries. Recently, Sudan’s Ambassador to Ethiopia and Permanent Representative to the African Union, Al-Zein Ibrahim Hussein, met with the Director General of the Ethiopian Civil Aviation Authority, Yohannes Abera, i...
Large firms risks sanctions as June e-invoicing deadline nears
Many large businesses risk sanctions if they fail to connect their invoicing systems to the Nigerian Revenue Service’s electronic invoicing.
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FTSE upgrade sparks N1.36trn stock investors windfall in 72 hours
The Nigerian equities market has turbocharged, adding N1.36 trillion to its market capitalisation within just 72 hours. This rally was ignited by FTSE Russell’s decision to upgrade Nigeria from “Unclassified” back to “Frontier Market” status, a move that effectively restore...
High borrowing costs push drugmakers to restructure
Nigeria’s pharmaceutical companies relied heavily on short-term bank loans to fund operations, expansion, and working capital. That model is now under strain as rising interest rates and currency pressures make debt increasingly difficult to sustain. By the second quarter of 2026, a structural shi...
High fuel prices spur CNG, yet barriers slow adoption
Nigeria is turning to cheaper transport alternatives such as Compressed Natural Gas (CNG), but limited access, conversion costs, and infrastructure gaps slow adoption, limiting its impact on surging transport costs. As fuel prices continue to rise, increasing transportation costs, talks around trans...
ICAN aviation Chapter mulls N500m endowment fund to boost research, training, others
…marks first anniversary The Institute of Chartered Accountants of Nigeria (ICAN) Aviation Chapter plans to launch a N500 million endowment fund designed to provide sustainable funding for its activities. Part of the fund will be invested to generate returns that can support the chapter’s op...
Kano disburses N50,000 each to 6,680 Women, vows zero tolerance for fraud
The Kano State Government has issued a stern warning against fraud in its women empowerment programme, declaring that anyone who attempts to exploit beneficiaries of its N50,000 monthly support scheme will face arrest and prosecution. Governor Abba Kabir Yusuf gave the warning on Saturday at the Gov...
Grandfather, medical doctor held in major drugs bust
…….Nabs couple, recovers large consignments of illicit drugs in Lagos, others raid The National Drug Law Enforcement Agency (NDLEA) has arrested a 93-year-old man and a 69-year-old medical doctor in connection with alleged drug trafficking. The arrests followed intensified offensive acti...
Kano rift deepens as DSS quizzes govt aides over Kwankwaso’s petition
The growing rift between the Kano State Government and the Kwankwasiyya movement took a new turn after security operatives invited and questioned top government aides over allegations of cyberbullying and defamation linked to former governor, Rabiu Musa Kwankwaso. The Department of State Services (D...
Why Summer Inn Essentials is a premium hospitality destination in Owerri – GM
Summer Inn Essentials Owerri is a brand-new hotel, designed for excellence, where the staff are passionate, and create a lasting impression on guests and visitors. Francis Ifeanyi Agomuo, general manager (GM), a seasoned hotel and hospitality administrator, speaks with SABY ELEMBA, revealing so many...
Many feared dead as NAF jet mistakenly hits Borno weekly market
A Nigerian Air Force (NAF) fighter jet mistakenly bombed civilians during a weekly market in the Gubio Local Government Area of Borno State on Saturday, leaving many feared dead, sources say. The incident occurred in the remote village of Jilli, which borders Yobe State. BusinessDay understands the ...
Recapitalisation: How CBN’s stricter credit-risk policy will protect N4.65trn raised funds
The Central Bank of Nigeria (CBN) is redesigning banking sector’s credit‑risk framework to protect N4.65 trillion new capital raised by 33 banks in the recently concluded bank recapitalisation programme. The CBN is also expected to in the months ahead, be enforcing stronger governance, greater t...
Vatican announces Pope Leo’s theme for World Refugee Day 2026
…As Pontiff embarks on Apostolic Journey to four African countries The Vatican has announced the title of Pope Leo XIV message for the 112th World Day of Migrants and Refugees, urging the world to pay attention to minors. The Pope has chosen ‘Even just one of these children’ as the...
Despite internal turmoil, ADC gains fresh defections across Northern states
Amid its lingering leadership crisis and public exchange of accusations among rival factions, the African Democratic Congress (ADC) has continued to attract high-profile defectors from other political parties, signalling resilience despite internal turbulence. With barely a month to the deadline for...
2027: Nnamani, Nwobodo, Awkunanaw Clan endorse Mbah, say ‘no vacancy’
… We don’t engage in unjust fights – Nnamani … Mbah the undisputed best hands for Enugu – Jim Nwobodo … Nobody can diminish what we’ve done in less than 3 years – Mbah fires back at opposition The people of Awkunanaw clan, cutting across several communities in Enugu South...
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