BUSINESS: FG, STATES, LGs SHARE N1.659 TRILLION MAY REVENUE – FAAC
The Federation Account Allocation Committee (FAAC) has disbursed a total sum of N1.659 trillion as revenue generated in May 2025 to the Federal Government, state,...
ICYMI: CAC ANNOUNCES REVISED SERVICE FEES, EFFECTIVE AUGUST 1 (FULL LIST)
By: Sefiu Ajape The Corporate Affairs Commission (CAC) has released a revised schedule of service fees set to take effect on August 1, 2025. In...
CBN SUSPENDS DIVIDEND PAYOUTS, BONUSES, AND FOREIGN INVESTMENTS FOR SEVEN MAJOR BANKS OVER CAPITAL ADEQUACY CONCERNS
By Aishat Momoh. O. In a sweeping regulatory move aimed at strengthening the Nigerian banking sector, the Central Bank of Nigeria (CBN) has directed...
JUST IN: NIGERIA’S INFLATION DROPS TO 22.97%
Agency report Nigeria’s inflation rate fell to 22.97% in May 2025, a decline from 23.71% recorded in April, indicating a 0.74 percentage point decline. This...
FCCPC SUMMONS AIR PEACE OVER FLIGHT CANCELLATIONS, UNSETTLED REFUNDS
Agency report The Federal Competition and Consumer Protection Commission (FCCPC) has summoned Air Peace Limited over numerous passenger complaints about unrefunded ticket fares, even in...
LABUBU DOLL MAKER, WANG NING JOINS CHINA’S TOP 10 RICHEST WITH $22.7BN FORTUNE
By: Sefiu Ajape Wang Ning, the founder and CEO of Pop Mart International Group, has entered China’s top 10 wealthiest individuals for the first time,...
REPS SUMMON FINANCE MINISTER, CBN GOV OVER FISCAL ACT VIOLATION, AUDIT INFRACTIONS
By: Sefiu Ajape The Joint House of Representatives Committees on Public Accounts and Public Assets have summoned the Minister of Finance, Wale Edun, and the...
UPDATE: BOEING SHARES DROP 5% AFTER AIR INDIA 787 CRASH
Agency report Boeing shares plunged by 5.0 percent during early trading on Thursday following the crash of a London-bound Boeing 787 operated by Air India...
JUST IN: DANGOTE RETIRES AS DANGOTE SUGAR CHAIRMAN, ARNOLD EKPE TAKES OVER
By: Sefiu Ajape Aliko Dangote is set to retire as Chairman of the Board of Dangote Sugar Refinery Plc, ending two decades of leadership at...
LAGOS AIRPORT DRAMA: AIR PEACE, OSHIOMHOLE EXCHANGE HEATED WORDS
By: Sefiu Ajape • Oshiomhole disrupted our flight Operations – Air Peace • My Own Side Of The Story – Oshiomhole Nigeria’s largest airline, Air...