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FAAN Enforces Cashless Policy to Block Revenue Leakages

The Federal Airports Authority of Nigeria (FAAN) has announced strict enforcement of its cashless payment policy across all airports nationwide, effective March 1, 2026.

NNPCL Raises Petrol Price to N960 Amid Gulf Crisis

The Nigerian National Petroleum Company Limited (NNPCL) has raised the pump price of petrol at its Abuja outlets to ₦960 per litre, up from ₦875, following a surge in global crude oil prices.

NERC Directs DisCos to Refund N20bn Meter Payments

The Nigerian Electricity Regulatory Commission (NERC) has directed all electricity distribution companies (DisCos) to reimburse customers ₦20.33bn in outstanding meter refunds under the Meter Asset Provider (MAP) framework.

Nigeria Ports Record 24.8% Cargo Growth in 2025 – NPA

Nigeria’s maritime sector recorded a 24.8% surge in cargo throughput in 2025, rising from 103.6 million metric tonnes in 2024 to 129.3 million metric tonnes, according to the Nigerian Ports Authority’s (NPA) latest operational report.

Airlines Lose N7.5bn as Israel–Iran Conflict Grounds Flights

International airlines flying between Nigeria and the Middle East have lost more than ₦7.5bn in revenue after escalating conflict involving the US, Israel, and Iran.

Tinubu Names Taiwo Oyedele Minister of State for Finance

President Bola Ahmed Tinubu has appointed Taiwo Oyedele as the Minister of State for Finance, replacing Dr Doris Uzoka-Anite.