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NCAA withholds services to Air Peace, Arik, Ibom Air, 8 others over debts
Industry regulator, the Nigerian Civil Aviation Authority (NCAA) withdrawn services rendered to a total of 11 domestic airlines pending the settlement of their outstanding debts to the agency. A notice distributed to NCAA’s directorates and dated May 22, 2026, directed…
FG declares May 27, 28 public holidays for Eid-el-Kabir
Federal Government has declared Wednesday, May 27 and Thursday, May 28, 2026, as public holidays to mark the Eid-el-Kabir celebration. Minister of Interior, Olubunmi Tunji-Ojo, announced this in a statement issued on Monday by the Permanent Secretary of the ministry,…
Nigeria to review telcomms Act 2003, as NCC kicks off workshop on proposed National Telecommunications Policy 2026
Nigeria has approved processes for the review of the Nigerian Communications Act 2003, just as the Nigerian Communications Commission (NCC) has kicked off discourse on the proposed National Telecommunications Policy 2026. It would be recalled that the NCC had approached…
Supreme Court bars FG from controlling lands adjoining waterways for non-navigational purposes
Supreme Court has in a unanimous ruling stopped the Federal Government from controlling lands adjoining waterways for non-navigational purposes within states of the federation. The court by its ruling, Friday further voided contentious portions of the National Inland Waterways Authority (NIWA)…
5m electricity consumers remain unmetered nationwide — NERC, as DisCos install 241,590 meters in 2 months
Electricity Distribution Companies (DisCos) in Nigeria installed a combined total of 241,590 new meters in January and February 2026, according to the Nigerian Electricity Regulatory Commission (NERC) monthly metering fact sheet. This is also as the commission noted that a…
Court grants eNaira exclusive ownership rights to CBN
Following months of controversies over rights control, the Federal High Court sitting in Abuja, has granted the Central Bank of Nigeria (CBN) full ownership of the eNaira digital currency platform. It would be recalled that the eNaira digital currency platform was…
Nigeria retains third spot among World Bank’s biggest borrowers
Nigeria has retained its position as the third largest borrower from the World Bank’s International Development Association (IDA) despite recording a slight reduction in its debt profile during the first quarter of 2026. Data obtained from the bank showed that the…
Crude oil market continues climb, amid Strait of Hormuz uncertainties
Global crude oil market remained volatile, Friday, amid uncertainties by investors over the inability of United States and Iran to reach a peace agreement that would allow shipping traffic to return to normal in the Strait of Hormuz. Brent crude futures…
UK unemployment rate hits 5-yr high over prolinged US/Iran conflict
Data released by the United Kingdom’s Office for National Statistics (ONS), last Tuesday, showed employers struggling with soaring energy costs after oil and gas prices jumped following the effective closure of the Strait of Hormuz during the US-Israeli military campaign…
PenCom kicks-off ‘PenCare’ free healthcare scheme for retirees
National Pension Commission (PenCom), has kicked off the pilot phase of its PenCare initiative by inviting retirees aged from above 60 years to enroll in the free healthcare scheme. Accident to PenCom, the healthcare scheme is also for the 60+ year-olds…
