The Nigeria Civil Aviation Authority (NCAA) has warned United Nigeria Airlines against operating beyond its available capacity at the expense of passengers. The regulator frowned […]
Category: Economy
Manufactured goods imports hit N18 trillion as Nigeria’s import dependence grows
Nigeria’s imports of manufactured goods rose to N18 trillion in the first half of 2026, representing a 16.9% increase from the N15.40 trillion recorded in […]
NIS extends UK passport intervention exercise to October 3
The Nigeria Immigration Service (NIS) has extended its special passport intervention exercise in the United Kingdom to October 3, 2026, following the high turnout of […]
ASUU threatens strike over unpaid salaries, 2025 agreement implementation
The Academic Staff Union of Universities (ASUU) has threatened to resume its suspended nationwide strike over unpaid salaries and the poor implementation of the 2025 […]
Digital Parks Africa enters Nigeria’s data centre race with Lagos facility
Digital Parks Africa (DPA), the data centre business associated with Master Power Technologies Group, is expanding into West Africa with plans to develop a new […]
Nigeria’s largest listed companies owe N6.25 trillion as bank loans dominate borrowing
Nigeria’s largest listed companies continue to rely heavily on bank loans and other direct borrowings despite the rapid growth of commercial papers and other debt […]
Nigeria startups pull $364 million in one month, Moove drives rebound
Nigeria’s startup ecosystem recorded a major rebound in August 2026, posting one of its strongest funding activities with 20 startups raising a combined $364.1 million […]
Nigeria’s car imports surge 146% to N1.18 trillion in H1 2026
Nigeria’s passenger motor car imports surged 145.6% year-on-year to N1.18 trillion in the first half of 2026, driving a broader increase in the country’s transport […]
Best performing Nigerian stocks for the week ended September 11, 2026
Nigerian equities market closed the week with cumulative N1.97 trillion losses in market capitalization to close at N157.587 trillion, down 1.24% from N159.558 trillion while […]
No Nigerian airline made $1 million profit in 2025 – Allen Onyema
No Nigerian airline made $1 million in profit in 2025, according to Air Peace CEO Allen Onyema, who said high operating costs continue to leave […]