The Group Chief Executive Officer of Wakanow, Bayo Adedeji, has argued that the high cost of air travel across Africa is driven more by structural challenges than airline greed, saying taxes, fuel costs and government policies are the biggest contributors to expensive airfares. Adedeji made the remarks while speaking at the Africa Technology E...
•Petrol Motorists and commuters across several states have urged the federal government and petroleum marketers to reduce the pump price following the recent drop in the global crude oil price. The crude oil price has fallen after tensions in the Middle East eased, reports Daily Trust. On Wednesday, Brent crude, the international benchmark for...
Minister of Aviation and Aerospace Development, Festus Keyamo today signed off the Akanu Ibiam International Airport, Enugu airport for concession under a Public-Private Partnership (PPP) arrangement to Aero Alliance Limited. The landmark ceremony,, which held at the airport’s new terminal, attracted top government officials and key stakeholde...
Global oil prices have fallen to levels last seen before the US-Iran war, raising expectations among consumers and businesses for a corresponding reduction in the price of petrol. However, pump prices across Nigeria have largely remained unchanged, prompting concerns over the pace at which global market gains are being transmitted to domestic ...
The Oodua Youth Coalition (OYC) has called on Nigerians to boycott South African-owned telecommunications and pay-TV companies, particularly MTN and MultiChoice, accusing them of exploiting consumers and contributing to the continued outflow of Nigeria’s wealth. In a statement issued on Tuesday and signed by its Vice President Administration, ...
Despite years of implementing cashless policy with the promotion of electronic payments, Nigerians continue to hold a significant amount of money outside the banking system. Latest figures from the Central Bank of Nigeria (CBN) showed that currency outside banks rose to N5.19 trillion in May 2026, underscoring the persistent dominance of cash ...
Civil servants under the umbrella of the Joint National Public Service Negotiating Council, JNPSNC, Trade Union Side have called on the federal government and state governments to approve and implement a 400 per cent increase in the current N70,000 national minimum wage to cushion the devastating effects of the country’s economic hardship. The...
•Dangote The Securities and Exchange Commission (SEC) has banned the marketing and promotion of a purported initial public offering (IPO) by Dangote Petroleum Refinery & Petrochemicals FZE, warning that no application for such an offer has been filed with or approved by the regulator. In a public notice made available to our correspondent ...
Across Nigeria, anger is mountÂing over rising electricity tariffs as households and businesses complain that they are paying significantly higher bills without any meaningÂful improvement in power supply, raising fresh concerns about enerÂgy poverty and the survival of small enterprises. The backlash has been particÂularly intense among Band ...
With inflation at 16 per cent, spike in food prices, housing construction and transportation costs are forcing many families to make difficult survival choices, including abandoning decent accommodation and resorting to unhealthy living conditions. The inflation report showed that restaurants and accommodation services contributed 2.06 percent...
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