IATA names Festus Keyamo among Africa’s top aviators, citing reforms and rising investor confidence in Nigeria aviation sector

The naira fell to N1,383/$ as FX pressure persisted and Nigeria’s external reserves declined further.

Oil price rises to $115 per barrel following reports that the US is preparing for an extended blockade of Iran.

FG signs agreement with Delborough for seven-star hotel in Abuja as government backs tourism-led economic diversification plan.

The Federal High Court in Abuja has restrained MTN and Airtel from suspending Nairtime services pending suit determination proceedings.

Mercedes-Benz posts lower Q1 profit but beats forecasts, citing cost cuts and strong demand for new models.

NUPRC board assumes duty in Abuja, pledges improved oversight, better infrastructure, and stronger regulatory coordination in oil sector.

NCAN rejects raw cashew export ban, says policy threatens farmers’ income and puts over five million jobs at risk.

BUA Cement approves N4.5 billion payout for distributors, says reward recognises sales performance and business contribution nationwide.

Air Commodore Ademola Onitiju, (rtd), says price caps are unsustainable but may temporarily prevent airline shutdown amid amid rising operational costs.

Afrinvest analyst says exchange rate stability has eased pressures, boosting profitability across consumer goods companies.

China halts Meta’s $2bn Manus acquisition, forcing withdrawal as regulators tighten control over foreign investment in AI sector.

David Bird says the expansion of large-scale modern refineries will lead to the closure of less efficient plants globally.

Aliko Dangote has called for stronger partnerships to eliminate malaria, saying Africa still carries most of the global burden.

A Federal Court has struck out a suit challenging telecom tariff increase, citing lack of legal standing by the applicant.

Transcorp Power shareholders have approved N41.25 billion dividend after strong revenue and profit growth in 2025.

PETROAN says Nigeria’s refineries must be fully revived to strengthen the downstream petroleum sector and boost competition.

Nigeria is moving to stabilise jet fuel prices, but industry stakeholders warn of possible market distortions and supply disruptions.

Analyst says Nigerian banks are shifting from FX-driven profits to real, performance-based earnings.

Aliko Dangote pledges ₦550 million hostel and ₦25 million support to FUTO students, highlighting need for local industrial growth.