Court Restrains NUPENG, Truck Drivers from Disrupting Dangote Refinery Operations The National Industrial Court in Abuja has granted an interim injunction restraining the Nigeria Union of Petroleum and Natural Gas Workers and the Direct Trucking Company Drivers Association from embarking...

Naira Gains ₦1,484 Officially, Slips in Black Market on Sept 17 The naira extended its gains at the Nigerian Foreign Exchange Market (NAFEM) on Wednesday, September 17, appreciating by ₦13.33 against the dollar, while it recorded a marginal depreciation in...

NAMA, Airlines Grapple Over Proposed Tariff Hike The Director-General of the Nigerian Airspace Management Agency (NAMA), Farouk Umar, has reiterated the need to increase the current N11,000 fee charged per flight on airline operators, describing it as unsustainable given prevailing...

CBN Gives Successor Bank Chiefs Six-Month Deadline The Central Bank of Nigeria has issued a fresh directive compelling all Domestic Systemically Important Banks to obtain regulatory approval for the appointment of successor managing directors at least six months before the...

Airline Operators Applaud suspension of 4% Import Levy The Airline Operators of Nigeria have commended President Bola Tinubu and the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, for the timely suspension of the proposed four per...

Farouk Gumel Appointed Chairman of Botswana Sovereign Wealth Fund Economic Confidential reports that Mr. Farouk Gumel, a renowned Nigerian corporate leader, has been appointed Chairman of the Board of Directors of the Botswana Sovereign Wealth Fund Limited (BSWF) by the...