Bird Strikes Cost Domestic Airlines N3bn Revenue Loss Annually   Recent flight disruptions on domestic routes have been attributed to bird strikes, a persistent threat to flight operations. Despite ongoing efforts to mitigate the issue, bird strikes remain a significant challenge...

MTN Earnings Hit by N400bn Loss as Naira Devaluation Takes Toll   MTN Nigeria reported a N400.44bn loss after tax for the year ended December 31, 2024, as the devaluation of the naira drove up foreign exchange losses and weighed on...

NGX Suffers N45.8bn Foreign Capital Outflow in January   Foreign investors withdrew N45.85bn from the Nigerian stock market in January 2025, an outflow that significantly overshadowed the N25.66bn recorded as foreign inflows within the same period. The latest Nigerian Exchange Domestic and...

Tinubu Signs N54.99trn 2025 Budget into Law   President Bola Tinubu has signed into law the N54.99tn 2025 Appropriation Bill. Tinubu signed the budget in the presence of principal officers of the National Assembly and other top government officials in a small...

Lagos Fuel Supply Restored as Tanker Drivers Resume Operations   Tanker drivers have resumed fuel loading following the resolution of their crisis with the Lagos State Government. On Wednesday and Thursday, many fuel tankers were seen on the road conveying petroleum products...

DStv Price Hike: FG Orders MultiChoice to Suspend Plans   The Federal Competition and Consumer Protection Commission has directed MultiChoice Nigeria, the operator of DStv and GOtv, to suspend its planned subscription price hike pending the outcome of an ongoing investigation...