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NCAA Approves Ogun Airport for Commercial Operations

The Nigeria Civil Aviation Authority (NCAA) has confirmed that it has granted a commercial operational licence to the Gateway International Agro-Cargo Airport in Ogun State, officially signaling the commencement of commercial activities at the facility.

Naira Falls Against Dollar in Black Market

Naira Falls Against Dollar in Black Market The naira weakened against the US dollar on Monday, August 18, losing ₦5.33 in the parallel market. Currency traders in Abuja told Economic Confidential that dollar demand spiked over the weekend, putting fresh pressure on the local currency. The...

UBA, BoI Launch N5bn Facility for Female Entrepreneurs

United Bank for Africa Plc has secured a N5bn loan facility from the Bank of Industry to boost key sectors of the economy and support the growth of sustainable and viable businesses in Nigeria, with a primary focus on micro, small, and medium enterprises owned by women.

Despite Inflation Decline Food Prices Remain High – CPPE

The Centre for the Promotion of Private Enterprise, CPPE, has said food price rises persist despite the fourth consecutive decline in headline inflation in July 2025.

NNPC, Marketers Reduce Petrol Prices After Dangote’s Price Cut

NNPC, Marketers Reduce Petrol Prices After Dangote’s Price Cut   The Nigerian National Petroleum Company Limited (NNPC) and other marketers have reduced the pump prices of Premium Motor Spirit (petrol) following Dangote Petroleum Refinery’s cut in ex-depot prices. From as high as N950 per litre on Tuesday,...

Ngozi Okonjo-Iweala Leads Launch of $50m WEIDE Fund in Nigeria to Boost Women in Digital Trade

Ngozi Okonjo-Iweala Leads Launch of $50m WEIDE Fund in Nigeria to Boost Women in Digital Trade Nigeria on Thursday hosted the grand launch of the Women Exporters in the Digital Economy (WEIDE) Fund, a $50 million initiative jointly managed by the World Trade Organization (WTO)...