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October 18, 2026 12:00 am
NSIB begins investigation as foreign-registered aircraft loses door mid-air
October 18, 2026 12:00 am
Marketers seek role in FG’s cooking gas schemes
October 18, 2026 12:00 am
Modular refineries key to Nigeria’s fuel security — Rainoil
October 18, 2026 12:00 am
Afreximbank moves to turn state projects into bankable deals
October 18, 2026 12:00 am
United Nigeria Airlines plans N20bn commercial paper issuance
October 16, 2026 6:43 pm
Firm warns customers against suspicious links, unauthorised transactions
FG targets one million CNG vehicles to cut transport fares
October 18, 2026 5:35 pm
Private jet loses door mid-air, makes emergency landing in Abuja
Aviation
Tesla unveils flying car prototype, eyes 2028 production
Aviation
D-8 targets $500bn trade by 2030, highlights Abuja SME centre
Business & Economy
Domestic debt servicing gulps N5.28tn in six months
Business & Economy
Marketers reject FG’s plan to cap petrol price
Business & Economy
NSIB begins investigation as foreign-registered aircraft loses door mid-air
The Nigerian Safety Investigation Bureau has begun investigating a Triton Aviation aircraft that lost its door mid-air after departing Abuja for Lagos….
Marketers seek role in FG’s cooking gas schemes
The Nigerian Association of Liquefied Petroleum Gas Marketers has asked the Federal Government to involve its members in cooking gas penetration initiative…
Modular refineries key to Nigeria’s fuel security — Rainoil
Rainoil’s MD, Emmanuel Omuojine, says modular refineries are key to Nigeria’s fuel security, warning against over-reliance on a single supply source….
Afreximbank will host an investment conference in Calabar to help African state governments turn infrastructure and trade proposals into bankable projects….
United Nigeria Airlines plans to raise N20bn through a commercial paper programme, which would make it the first domestic operator in Nigeria to do so….
Firm warns customers against suspicious links, unauthorised transactions
Digital bank, PalmPay, has warned customers against clicking suspicious links and authorising transactions to protect their accounts from fraud….
Private jet loses door mid-air, makes emergency landing in Abuja
A private jet operated by Triton Aviation lost a door mid-air shortly after takeoff, forcing it to make an emergency landing in Abuja….
Tesla unveils flying car prototype, eyes 2028 production
Tesla has unveiled a new Roadster prototype that can briefly fly using rocket technology, with the company’s CEO Elon Musk targeting production for 2028….
D-8 targets $500bn trade by 2030, highlights Abuja SME centre
The D-8 has set a target to increase trade among member countries to $500bn by 2030, highlighting Nigeria’s role via its SME centre in Abuja….
Domestic debt servicing gulps N5.28tn in six months
Nigeria spent N5.28tn on domestic debt servicing between January and June 2026, with interest on FGN bonds and Treasury Bills taking the largest share….
Marketers reject FG’s plan to cap petrol price
Petroleum marketers have rejected the Federal Government’s plan to impose a N1,350 petrol price cap, insisting on market-driven pricing….
FG taps committee on high taxes, implement ECOWAS mandate
The Federal Government has inaugurated a committee to address high aviation taxes and ensure Nigeria’s compliance with the ECOWAS regional aviation policy….
Tinubu’s NNPC order cuts deductions to N8.4tn – W’Bank
A World Bank report says President Tinubu’s order stopping certain NNPC retentions cut Federation Account deductions from N10.1tn to N8.4tn in H1 2026….
FG begins 17.7MW Oyo mini-grid construction
The Federal Government has commenced five interconnected mini-grid projects with a combined capacity of 17.7MW in Oyo State to improve electricity access….
Helios targets Africa’s $20bn sports economy with investments
Helios Investment Partners is expanding into Africa’s sports and entertainment industries, targeting a market projected to reach $20bn by 2035….
Report finds $209bn funding gap for African businesses
A new report by BII and Swedfund reveals a $209bn funding gap for Black-owned businesses across five African markets, with Nigeria facing the largest gap….
Nigeria’s FX demand hits $18.34bn as services surge
Nigeria’s foreign exchange utilisation surged to a 15-year high of $18.34bn in Q2 2026, driven by a sharp increase in demand for financial services….
IMF endorses CBN rate cut, warns against premature easing
The International Monetary Fund has endorsed the CBN’s decision to cut its benchmark interest rate, citing progress on inflation but warning against premat…
Cardoso links record $55.1bn reserves to economic stability
CBN Governor Olayemi Cardoso says Nigeria’s foreign reserves have hit a record $55.1bn, strengthening the country’s economic stability and naira….
Mutual Benefits Assurance to review Q3 results late October
Mutual Benefits Assurance Plc will hold a board meeting on October 29, 2026, to review and approve its unaudited financial statements for Q3 2026….
Dangote Cement reschedules board meeting on financial statements
Dangote Cement Plc has announced a change in its board meeting schedule, moving it from October 29 to October 27, 2026, to discuss its Q3 financials….
FAAC allocation rises to N2.43tn as oil revenue rebounds
The FAAC allocation to federal, state, and local governments rose by N90bn to N2.428tn in October, driven by a rebound in oil revenue and taxes….
Dangote, Botswana hail NGX over cross-border collaboration
Dangote Industries and the Botswana Stock Exchange have praised the Nigerian Exchange Group for its initiative to expand cross-border investment in Africa….
Nigeria Energy Sector Fund announces N383 unit distribution
The Nigeria Energy Sector Fund has announced a distribution of N383 per unit to unitholders for the period ended 31 March 2025, with payments set for Octob…
NGX gains as equities rally across sectors
The Nigerian Exchange Limited closed positive on Thursday, with the All-Share Index gaining 33.48 points to settle at 247,707.13 points….
Presidency to install 750,000 electricity meters in 2027
The Presidency plans to install 750,000 electricity meters in 2027 under the Presidential Metering Initiative to close Nigeria’s metering gap….
WACOT, Edo renew fertiliser production deal
WACOT Limited has renewed its partnership with the Edo State Government to boost local fertiliser production and improve farmers’ access to agricultural in…
LCCI seeks strict AI rules to protect jobs
The Lagos Chamber of Commerce and Industry has called for strong regulation of artificial intelligence in Nigeria to prevent abuses and protect workers’ jo…
Foundation warns against dumping food waste in Lagos drains
A foundation has warned households and food vendors in Lagos against dumping food waste in drains, urging proper sorting and composting to curb pollution….
Group deploys technology to curb egg glut
The Egg Sellers and Distributors Association of Nigeria has launched a digital app to tackle recurring egg glut and connect farmers with consumers….
Presco scales up West African agribusiness training
Presco Plc has scaled its agribusiness talent academy in West Africa, graduating 33 professionals and expanding its new cohort to 70 trainees….