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NCAA Probes Ibom Air Crew-Passenger Altercation

22.08.2025
The Nigerian Civil Aviation Authority has commenced a formal investigation into the recent altercation between Comfort Emanson, a passenger, and members of the Ibom Air crew. As part of the ongoing probe, NCAA officials met on Wednesday in Abuja with Julie Edwards, a crew member accused of masterminding the passengers’ ordeal and other crew members...
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Nigeria to Raise ₦200bn in Bond Auction

22.08.2025
The Debt Management Office on Thursday announced an offering of N200bn savings bonds. According to the offer document on its website, one of the bonds was a reopening of the June 2032 bond with the coupon rate of 17.95 per cent. The new five-year bond, FGN AUG 2030 of N100bn, doesn’t have a coupon rate...
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Nigeria’s Forex Reserves Hit $41B, 44-Month High

22.08.2025
Nigeria’s foreign exchange reserves rose to $41bn on August 19, 2025, the highest level recorded in 44 months, according to data from the Central Bank of Nigeria. This marks the highest level since December 3, 2021, and signals a significant recovery following months of depletion, mainly due to pressure from external debt repayments. The reserves...
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Fadaella Unveils Premium Chocolate Line, Best Chocs, in Nige

22.08.2025
Fadaella Foods Ltd, makers of the pioneering Fadaella Oatmilk Biscuits, has unveiled a premium chocolate line, branded ‘Fadaella Best Chocs’, to mark the eighth anniversary of its flagship biscuit in Nigeria, deepening its play in the snack market. The new premium brand launches in four variants: chocolate, coffee, white chocolate, and strawberry, and is already...
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Gen Z to Dominate AI Trading by 2028

22.08.2025
Global cryptocurrency trading platform, MEXC, has projected that by 2028, over 80 per cent of Gen Z traders will hand over complete control of their portfolios to artificial intelligence. The firm also forecast that the global AI trading platform market would exceed $69bn by 2034. Chief Executive Officer of MEXC Global Exchange, John Chen, disclosed...
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Nigerian Fashion Ready to Conquer European Markets

22.08.2025
The Central Eastern European and West African Business Association has said European markets are increasingly ready to embrace Nigerian fashion and textiles. Founder and President of CEEWABA, Michael Dada, disclosed this at the inaugural Afro-EU Garment Innovation and Sustainability Summit in Lagos on Thursday. CEEWABA organised the event, themed ‘Bridging Continents through Fashion, Technology and...
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Nigeria-China Trade Ties Strengthened at Ogun Free Trade Zon

22.08.2025
The Chinese Ambassador to Nigeria, Duanhai Yu, and the Chinese Consul-General in Lagos, Yuqing Yan, have paid an official visit to the Ogun Guangdong Free Trade Zone in a move to strengthen Nigeria-China bilateral relations. The visit highlighted OGFTZ’s role as a strategic platform for trade and industrial cooperation between the two countries. In a...
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NAICOM, Police Crack Down on Fake Insurance Racketeers

22.08.2025
The National Insurance Commission in collaboration with the Nigeria Police Force has launched a crackdown on individuals peddling fake third-party motor insurance policies. In a statement on Wednesday, the regulator said that its Third-Party Motor Insurance Enforcement Committee conducted a raid in the Mabuchi area of Abuja, targeting perpetrators who issue counterfeit policies to the...
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Nigeria Losing Logistics Hub Status to Regional Rivals?

22.08.2025
Nigeria, once West Africa’s dominant logistics hub, is losing ground to regional rivals like Togo, as poor infrastructure, high costs, and policy failures erode its trade competitiveness. While others modernise, Nigeria risks falling further behind, despite reforms, rising cargo throughput, and new port investments, ANOZIE EGOLE reports Nigeria previously occupied a pivotal position in West...
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Court Blocks Reps from Summoning Insurance CEOs

22.08.2025
The Federal High Court in Abuja has barred the House of Representatives from compelling the chief executives of 17 insurance firms to appear before its Committee on Capital Market and Institutions. Justice Emeka Nwite, in a ruling delivered on Monday, issued an interlocutory order restraining the Speaker of the House, the committee, and two of...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

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The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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