The Central Bank of Nigeria (CBN) has officially withdrawn the directive earlier given to banks to enact the process of deduction of cyber security levy to be administered by the office of the National Security Adviser (NSA). This was disclosed in a circular to different categories of banks on Sunday […]

The Federal Government may cut its approximately N6.2tn yearly fuel import bill if the Dangote Petroleum Refinery begins the sale of premium motor spirit as promised by the Chairman of the Dangote Group, Aliko Dangote. Dangote, while speaking at the Africa CEO Forum Annual Summit in Kigali, Rwanda on Friday, […]

Less than three months after Nigerian Airline, Air Peace, launched its Lagos-London route, the United Kingdom Civil Aviation Authority (UKCAA) has reported the airline to the Nigeria’s Civil Aviation Authority (NCAA), over alleged violation of some aviation safety regulations. LEADERSHIP reports that Air Peace recently commenced operations to Gatwick Airport […]

Elon Musk’s internet company, Starlink, has emerged as Nigeria’s third largest Internet Service Provider (ISP) by subscriber number in the fourth quarter (Q4) of 2023. This was revealed in the latest ISP data released by the Nigerian Communications Commission (NCC). According to the data, the company’s active customers in Nigeria increased to 23,897 in […]

…China rail attracts $3bn investment …Employs 4000 Nigerians President Bola Tinubu has vowed to ensure the successful execution of the Lagos-Ibadan-Abuja rail project to ease mass movement across the country. This is just as he also assured that Nigeria would continue to remain a safe hub for investments, as his […]

Oil major, Shell has confirmed a fire that broke out near its Gbaran Ubie gas facility in Nigeria’s coastal Bayelsa state on Tuesday has been put out. “We are pleased to report that the fire outside our Gbaran Central Processing Facility…went out last night and a regulator-led Joint Investigation Visit […]

Emirates Airlines for the past 18 months of suspending flights into Nigeria retained all its staff and kept paying salaries, BusinessDay Sunday findings showed. The airline, which suspended flight operations in November, 2022 because of its inability to repatriate its trapped funds, did not stop paying monthly salaries and rents for all […]

Oleksandr Usyk beats Tyson Fury to win historic undisputed heavyweight championship fight Oleksandr Usyk beat Tyson Fury by split decision to unify the WBA, WBO, WBC and IBF world titles; Fury and Usyk were fighting at the Kingdom Arena in Riyad to decide the first undisputed world heavyweight champion in […]

Spain Denies Permission To Ship Carrying Arms To Israel, Says Middle East Needs Peace, Not More Weapons Spanish foreign minister, José Manuel Albares, has said that the country has refused to grant permission to a ship carrying arms to Israel to dock at a Spanish port. “This is the first […]

The Dangote oil refinery is set to put an end to the monthly importation of an average of 1 billion litres of premium motor spirit in Nigeria. This was as the Chairman of the Dangote Group, Aliko Dangote, revealed that Nigeria would end petrol imports the moment the refinery started […]