A reduction in serviceable aircraft among Nigerian carriers has led to a significant increase in domestic airfares, with one-hour flights now costing between N92,000 and […]
Category: Economy
Economy
Lagos and Ogun Grind to a Halt After Torrential Rainfall
Business and commercial activities came to a standstill on Wednesday as a relentless 10-hour downpour wreaked havoc across Lagos and Ogun states. The heavy rain […]
Court Orders Closure of Abuja Companies Linked to P&ID Scandal
A Federal High Court in Abuja has ordered the closure of two companies, Trinity Biotech Nigeria Limited and Resorts Express Concept Nigeria Ltd, linked to […]
FIRS Chairman Urges States to Brace for Upcoming Tax Reforms
Federal Inland Revenue Service (FIRS) chairman, Zacch Adedeji, has called on state governments to prepare for imminent tax reforms. Speaking at the 155th Meeting of […]
Tapswap Delays Token Allocation to Q3, Cites Strategic Planning
Tapswap, a popular tap-to-earn app powered by TON Blockchain, has postponed its token allocation to users to the third quarter of the year. The app, […]
Ogun Governor Orders Manhunt After Kidnapping Near Ilisan City Gate
Governor Dapo Abiodun has directed security agencies to launch a massive manhunt for the perpetrators behind the Sunday night kidnapping of travelers near Ilisan City […]
New Minimum Wage: NGF Reveals Financial Strain May Push Many States Towards Bankruptcy
As the nation anticipates the introduction of a new minimum wage bill by President Bola Tinubu, concerns arise over the potential financial strain on many […]
Minor Fire at Dangote Refinery Quickly Contained, No Injuries Reported
A fire broke out at the Dangote Refinery in Lagos State on Wednesday, June 26, but was swiftly contained without causing any injuries. According to […]
Government Denies Importation of Dirty Fuel, Affirms Regulatory Measures
The Federal Government of Nigeria has refuted claims of importing dirty fuel into the country, following recent allegations by an official from Dangote Petroleum Refinery. […]
Court Approves Extradition of Samuel Abiodun to the U.S. for Wire Fraud
The Federal High Court in Lagos has approved the extradition of Samuel Abiodun to the United States to face charges of alleged wire fraud and […]