The Airports Authority of Nigeria and indigenous airlines have agreed on critical airport infrastructure improvements and revenue collection digitalization. These measures aim to enhance operations at the nation’s airports, benefiting passengers and airlines alike. Participants reached this resolution in an…
By Seun Ibiyemi The Minister of Aviation and Aerospace Development, Festus Keyamo has led a high-profile delegation on an inspection tour to Helsinki, Finland, and Vienna, Austria, as part of efforts to advance the ongoing Abuja Airport second runway project.…
…As Abiodun lauds project as booster for industrial status of Ogun state The Nigeria Customs Service (NCS) has disclosed plans to relocate its Zonal office from Lagos to Ogun State. The Zonal office is expected to be situated within the…
Following the directive of President Bola Ahmed Tinubu for the Nigeria National Petroleum Company Ltd (NNPC) to sell crude to local refineries in naira, a Technical Sub-Committee tasked with developing the framework for the sale of crude oil to local…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has advocated the establishment of more Alternative Dispute Resolution Centre (ADRC) within the upstream oil and gas sector in oil-producing regions. The Commission Chief Executive, NUPRC, Mr Gbenga Komolafe made the call on…
Guaranty Trust Bank (GTBank) has confirmed an attempted hacking incident on its website, addressing recent media reports that claimed hackers had seized and cloned the bank’s website, intercepting customer data. The hacking attempt occurred just a day after the bank…
By Esther Agbo United Capital Group has played a pivotal role in advancing Sierra Leone’s financial landscape by leading the issuance of the country’s first corporate bond denominated in local currency. The bond, valued at SLE32 million (approximately US$1.4 million),…
The domestic bourse, for the fourth consecutive session, extended its losses by N57 billion, driven by selloffs in FBN Holdings, Access Corporation and Transnational Corporation, among others. Specifically, the market capitalisation, which opened at N55.188 trillion, shed N57 billion or…
The naira on Thursday recorded a gain of 1.38 percent on the official foreign exchange (FX) market following increased dollar supply by market players. After trading on Thursday, the dollar was quoted at N1,564.48 compared to N1,586.04 quoted on Wednesday…
By Seun Ibiyemi The Apapa Port Command of the Nigeria Customs Service (NCS) has intercepted 12 containers laden with Tramadol, expired drugs and 27, 540 pieces of cutlasses and machetes with duty paid value of N1.8 billion. The Comptroller-General of…
