Category: Business
NCAA Orders Air Peace To Compensate Passengers Over Flight Delay
The Nigerian Civil Aviation Authority has directed Air Peace to compensate affected passengers after a delayed Lagos-Enugu flight sparked a complaint over the airline’s handling of the disruption. The Nigerian Civil Aviation Authority, NCAA, has directed Air Peace to compensate passengers affected by a delayed Lagos-Enugu flight on Monday. The directive followed a preliminary investigation…
First Niger Bridge Reopening Delayed As Rain Disrupts Repair Works
The planned reopening of the First Niger Bridge has been delayed after rainfall disrupted ongoing emergency maintenance and rehabilitation works aimed at improving the bridge’s safety and durability. A truck drives through the Onitsha Bridge in Onitsha, Nigeria, on February 28, 2023. (Photo by Patrick Meinhardt / AFP) The much-anticipated reopening of the First Niger…
EU Fines Google £403m Over Data Location Breach
Google has been fined £403 million by the European Union over a breach of data protection rules linked to the handling of users’ location data between May 2018 and February 2020, Ireland’s Data Protection Commission said. (FILES) A giant Google logo is seen at Google’s Bay View campus in Mountain View, California on August 13,…
FG, CBN Sign MoU To Strengthen Fiscal-Monetary Policy Coordination
The Federal Government and the Central Bank of Nigeria have signed a Memorandum of Understanding to institutionalise coordination between fiscal and monetary authorities, Finance Minister Taiwo Oyedele said, describing the arrangement as a move to ensure continuity beyond the tenure of individual officeholders. CBN Office Abuja The Federal Government and the Central Bank of Nigeria…
Alake Demands Urgent Rescue Efforts After Sudan Mine Collapse
Minister of Solid Minerals Development Dele Alake has called for immediate mobilisation of rescue teams following a mine collapse in Sudan, with reports indicating that dozens of people may have died while others remain missing and feared trapped beneath the rubble. File photo of the Minister of Solid Minerals Development, Dele Alake Chairman, Africa Minerals…
Stocks Edge Higher As Investors Await US Fed Rate Decision
Global stocks edged higher on Wednesday as investors awaited the US Federal Reserve’s interest-rate decision, with persistent inflation and Middle East tensions keeping markets on alert. The prospect of higher borrowing costs and a stronger dollar remained central to market expectations. People walk past an electronic quotation board displaying the Nikkei Stock Average on the…
ADC Warns Tinubu As Petrol Price Rises To N1,470 Per Litre
The African Democratic Congress (ADC) has warned President Bola Tinubu over the rising cost of petrol, following reports that the pump price has climbed to N1,470 per litre, deepening concerns over the impact on Nigerians. Petrol Asefon blames fuel price hike on Middle East crisis African Democratic Congress (ADC) has warned President Bola Tinubu over…
Nigeria’s Inflation Rate Drops Slightly To 15.39% In August — NBS
Nigeria’s inflation rate fell to 15.39 per cent in August, representing a marginal 0.04 percentage-point decline from the previous month, according to the National Bureau of Statistics. An Illustration of inflation Nigeria’s headline inflation rate fell slightly to 15.39 per cent in August 2026, from 15.43 per cent recorded in July, according to the National…
JP Morgan Adds FGN Bonds To New Emerging Markets Index
The inclusion of Federal Government of Nigeria bonds in JP Morgan’s new emerging markets index is expected to boost the country’s visibility among global investors, with index-tracking funds potentially directing more foreign portfolio inflows into the domestic bond market over time, the Federal Ministry of Finance said. JP Morgan The Federal Government has announced the…
Dangote Moves To Broaden Ownership Of Africa’s Biggest Refinery Through IPO
Aliko Dangote is pushing to open up ownership of Africa’s biggest refinery to more investors through a planned public offering, with dollar-denominated dividend returns highlighted as a potential benefit for everyday households. L-R: Founder of Zenith Bank, Jim Ovia; Chairman of Coronation Group, Aigboje Aig-Imoukhuede; Group Chairman of Nigeria Exchange Group, Umaru Kwairanga; President of…
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Opeyemi Precious
Precious Opeyemi is an independent media entrepreneur, journalist, and the founder of Scoop Lounge. Driven by a commitment to credible, balanced, and high-impact journalism, she established the platform to deliver rapid-response news summaries across multiple global sectors. Read full
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