Business

Fuel Shortage May Disrupt 2026 Hajj Airlift, Stakeholders Warn

Stakeholders have warned that the ongoing aviation fuel crisis could disrupt the 2026 Hajj airlift, raising concerns over the smooth transportation of Nigerian pilgrims...

Central Bank of Nigeria Alerts Public on Fake Emails Targeting Bank Accounts

The Central Bank of Nigeria (CBN) has warned Nigerians about a rise in fraudulent emails, messages, and online communications being used to deceive people...

FG Moves to Improve Electricity Distribution in Ebonyi, Enugu

The Federal Government, through the FGN Power Company, is intensifying efforts to strengthen electricity infrastructure in Ebonyi and Enugu states under Phase 1 of...

CBN, NCC Move Against Rising SIM Card Fraud Cases

The Central Bank of Nigeria and the Nigerian Communications Commission have signed a memorandum of understanding to combat SIM-related fraud and strengthen consumer protection...

Safety Concerns Grow Over Rooftop Solar Panels

The Federal Government, through the Nigerian Electricity Management Services Agency (NEMSA), has raised concerns over the rising number of fire incidents linked to improperly...

CBN Data Sparks Alarm Over Rising Debt, Falling Foreign Assets

Nigeria’s Net Domestic Assets (NDA) rose sharply by 21.2 per cent year-on-year to N94.742 trillion in February 2026, up from N78.177 trillion recorded in...

Airlines Struggle As Bird Strikes Worsen

Nigerian airlines are suffering massive financial losses due to frequent bird strike incidents, with operators reportedly losing millions of dollars as aircraft are grounded...

Bird Strike Causes Aircraft Damage, Disrupts United Nigeria Airlines Flights

United Nigeria Airlines has grounded one of its aircraft after a bird strike incident disrupted operations and forced flight delays across its network, marking...

Food and Job Insecurity Rising Due to Middle East Crisis – IMF, World Bank, IEA

Leading multilateral institutions, including the International Monetary Fund (IMF), World Bank Group, and International Energy Agency (IEA), have warned that the escalating conflict in...

NERC Issues 2026 Mini-Grid Regulations to Expand Rural Power Access

The Nigerian Electricity Regulatory Commission (NERC) has released the Mini-Grid Regulations 2026, introducing a new framework to guide the development, operation and oversight of...

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