Industry
FG set to investigate as 100 airlines shut down in Nigeria
The federal government said its willingness to investigate the reasons behind the approximately 100 airline closures that have occurred over the last four decades.
BDC operators finally react as CBN waives 2025 licence fee for operators
The CBN has received plaudits from the Association of Bureau De Change Operators of Nigeria for exempting the operators from paying the 2025 license costs.
Dormant accounts rise as Zenith, Access, UBA activate 102 million bank accounts in 2024
According to data from the Nigeria Inter-Bank Settlement sector, there were 311.65 million active accounts in the Nigerian banking industry as of December 2024.
Aliko Dangote-backed firm set to acquire coffee chain in Kenya
A private equity business backed by Dangote is set to join the Kenyan food and beverage market with the acquisition of Java House, a well-known coffee brand.
Nigerian billionaire starts another building material business as cement price increases
BUA Gypsum Plaster Limited, a part of the BUA Group, officially opened its 2,400-ton-per-day gypsum plaster production facility in Port Harcourt, Rivers State.
Customs announces 30 days free clearance as CBN adjusts rate to clear goods after dollar crashes
Assistant Comptroller of Customs Abdullahi Maiwada, the agency announced regulations governing the length of stay for import and export shipments at port terminals.
Ritchie Wingo Mounts saddle at Still Earth Holdings as Group Managing Director
A Nigerian firm, Still Earth, has announced the appointment of a new managing director, Richie Wingo, to pilot the affairs of the Holding company.
FG announces 3 months suspension for Max Air as aircraft crashes in Kano
The Nigerian Civil Aviation Authority (NCAA) has decided to suspend Max Air following a crash that occurred in Kano, with no fewer than 53 passengers on board.
50% tariff hike: Subscribers open up on next line of action after failing to reach truce with NCC
Telecom users and advocacy groups are taking the matter to court after unsuccessful attempts to engage the Nigerian Communications Commission (NCC).
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