Electric Spark Disrupts Operations at Lagos Airport, Flights Diverted
A temporary disruption hit flight operations at the Murtala Muhammed International Airport in Lagos on Tuesday after an electrical spark triggered smoke inside one of its operational offices. The incident,…
FG Declares April 3 and 6 Public Holidays for Easter Celebration
The Federal Government has declared Friday, April 3, and Monday, April 6, 2026, as public holidays to mark this year’s Easter celebration. The announcement was made by the Minister of…
Abbey Mortgage Bank Posts N3.1bn Profit in 2025, EPS Rises to 21 Kobo
Abbey Mortgage Bank has reported a strong financial performance for the 2025 fiscal year, posting a profit before tax of N3.1 billion, representing a significant 154.32 percent increase compared to…
CBN Confirms 33 Banks Meet Recapitalisation Target, N4.66tn Raised
The Central Bank of Nigeria (CBN) has announced that 33 Nigerian banks have successfully met the new minimum capital requirements under its recently concluded recapitalisation programme. The development marks…
UH REIT Profit Jumps to N18.2bn on Property Gains, Strong 2025 Performance
UH Real Estate Investment Trust (UH REIT) has recorded a significant surge in its 2025 financial performance, posting a total comprehensive income of N18.2 billion, a sharp increase from…
Women Critical to Nigeria’s Green Economy Growth – EU Envoy
Nigeria’s transition to a sustainable and low-carbon economy will depend heavily on women, the European Union Ambassador to Nigeria and ECOWAS, Gautier Mignot, has said. Speaking in Abuja at the…
Lagos Needs Industrialisation Plan to Sustain Growth – NESG
The Nigeria Economic Summit Group (NESG) has urged the Lagos State Government to adopt a comprehensive industrialisation strategy, warning that the state’s current growth trajectory may not be sustainable without…
Nigeria Not Dumping Ground for Foreign Prisoners – Interior Minister Tunji-Ojo
Nigeria’s Minister of Interior, Olubunmi Tunji-Ojo, has dismissed concerns that the country’s recent migration agreement with the United Kingdom could turn Nigeria into a dumping ground for foreign prisoners. Speaking…
FCT to Partner Finland on Infrastructure, Agriculture, and Smart City Development in Abuja
The Federal Capital Territory Administration (FCTA) has unveiled plans to collaborate with Finland on infrastructure development, agriculture, and smart city initiatives in Abuja. FCT Minister Nyesom Wike disclosed this on…
Court Orders Final Forfeiture of UK Property Linked to Ex-FCT Minister Jeremiah Useni
The Federal High Court in Abuja has ordered the final forfeiture of a United Kingdom property linked to late former Minister of the Federal Capital Territory, Jeremiah Useni, to the…