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Airtel Africa’s profit after tax grew by 12,300 percent to $248 million in the nine months ending December 2024 from $2 million in the corresponding period of 2023, despite a 5.78 percent decline in revenue to $3.64 billion from $3.86 billion. It noted that its revenue decline was due to currency devaluations in Nigeria, Malawi, […]

An American Airlines plane and military helicopter collided and crashed into a river A collision occurred at Ronald Reagan National read more Five things to know to start your Thursday Source link

NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group, and the Economic and Financial Crimes Commission (EFCC) have called for enhanced partnership to enhance market surveillance and combat financial crimes in Nigeria’s increasingly digitalized capital market. This strategic initiative was discussed during a high-level meeting between NGX RegCo’s Chief Executive Officer, […]

The federal government is targeting over $3 billion annually through the National Single Window (NSW), a unified digital platform introduced to overhaul Nigeria’s trade system and solidify its role as a regional transhipment hub. Launched in April 2024 by President Bola Tinubu, the NSW seeks to streamline all import, export, and transit processes by providing […]

The Federal Road Safety Corps (FRSC) has reported a 10% reduction in road traffic crashes nationwide in 2024, with 9,570 incidents recorded compared to 10,617 in 2023. However, despite the decline in crashes, fatalities rose by 7%, with 5,421 deaths recorded in 2024, up from 5,081 in the previous year. The Corps also noted a […]

At this year’s World Economic Forum Annual Meeting in Davos, Switzerland, trade featured prominently as participants unpacked the potential return of tariffs and other new trade trends. Here are eight things we learned during the week. 1. Tariffs are back – but what will they mean? United States President Donald Trump spoke virtually on Thursday, […]

Micheal Achimugu, Director of Public Affairs and Consumer Protection at the Nigeria Civil Aviation Authority (NCAA), has dismissed baseless allegations against Najomo as “a desperate and baseless attempt to undermine his confirmation as substantive Director-General of Civil Aviation (DGCA).” The accusations were described as a smear campaign orchestrated by individuals resistant to progress and motivated […]

A strong U.S. dollar under President Donald Trump’s leadership poses a threat to the naira and foreign investments, analysts say. As the dollar continues to strengthen, concerns are mounting over its potential impact on the Nigerian economy, particularly on the stability of the naira and the attractiveness of the country to foreign investors. President Trump […]

…Arrests 2 at Lagos airport, …Destroys cannabis plantation in Kano   Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted a consignment of Loud, a synthetic strain of cannabis, concealed in duvet, packaged for export to the United Kingdom. Femi Babafemi, the director, media and advocacy of the NDLEA, stated that the arrests […]

…Maintain six-points lead Liverpool recorded a Premier League double over Ipswich Town following a 4-1 victory over the Tractor Boys at Anfield on Saturday. Liverpool started their 2024/25 league campaign with a 2-0 victory away at Ipswich. The win moved Liverpool six points clear at the top of the Premier League with an outstanding Merseyside […]