The Monetary Policy Committee (MPC) of the Bank of Ghana has announced a major cut in the benchmark policy rate, slashing it by 350 basis points (3.5 per cent) from …
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Tinubu Congratulates FAAN MD Olubunmi Kuku on Election as ACI Africa Vice-President
President Bola Ahmed Tinubu has congratulated the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, on her election as Vice-President of Airports Council International (ACI) …
- BusinessEconomyEnergyOil & Gas
NCDMB Urges WAV, Other Indigenous Firms to Explore Deepwater Oil and Gas Opportunities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Ogbe, has called on leading Nigerian oil and gas service providers to direct more of their …
- BusinessEconomyFinanceInsurancePoliciesRegulation
Experts Say NIIRA 2025 Will Boost Insurance Sector’s GDP Contribution
Industry experts have projected that the Nigerian Insurance Industry Reform Act 2025 (NIIRA) will boost the insurance sector’s contribution to the Gross Domestic Product and restore confidence in the industry. …
- BankingBusinessCapital MarketCorporate EarningsEconomyFinance
UBA Half-Year Profit Rises to N335bn Despite Drop in Pre-Tax Earnings
United Bank for Africa Plc (UBA) has announced its financial performance for the first half of 2025, showing a profit after tax of N335.53bn. This represents a 6.06 per cent …
- AviationBusinessConsumer RightsInternational RelationsKenyaLawNigeriaRegulationTransportation
Kenya Airways Pays NCAA Sanction Fee After Gloria Omisore Passenger
Kenya Airways has finally complied with the directive of the Nigerian Civil Aviation Authority (NCAA) by paying the sanction fee imposed on it after a long-running dispute over consumer rights …
- BusinessCorporate Social Responsibility,EducationHealthLifestyleYouth Empowerment
Mouka Launches 6th Edition of Award for Excellence to Promote Education and Quality Sleep
Mouka, Nigeria’s leading mattress and bedding brand, has launched the 6th edition of the Mouka Award for Excellence, reaffirming its commitment to supporting education and promoting the importance of quality …
- BusinessEconomyInternational TradeMaritimeOil & GasSecurity
Stakeholders Lament $1.5bn War Risk Insurance Burden Despite Improved Maritime Security
Despite Nigeria’s removal from piracy-prone and high-risk maritime zones, shipowners are still paying heavy war risk insurance premiums on Nigeria-bound cargoes. Stakeholders say the charges, which have cost the country …
- BusinessEnergyGovernanceInternational RelationsOil & Gas
NNPC Congratulates Maryamu Idris on Appointment as Nigeria’s OPEC National Representative
The Nigerian National Petroleum Company Limited (NNPC) has congratulated Mrs. Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries (OPEC). The appointment, …
- BusinessDigital TransformationInfrastructureRegulationTechnologyTelecommunications
MTN Nigeria Secures NCC Approval to Lease Spectrum from T2 Mobile
MTN Nigeria Communications Plc has received approval from the Nigerian Communications Commission (NCC) to lease frequency spectrum from T2 Mobile Limited, formerly known as 9Mobile, as part of its plan …