Author: Ifetayo Adeniyi

The Alternative Bank Unveils Scholarship For Women Empowerment, Digital Skills • The scholarship starts in November 2025. The Alternative Bank (‘AltBank’) has announced the launch of The Alternative Bank-Utiva Women in Tech Scholarship, a landmark initiative designed to empower women entrepreneurs with digital skills, innovation design, and business growth training. The announcement was made during a high-level virtual convening held on Friday to commemorate the International Day for Rural Women. The scholarship programme, which begins in November 2025, forms part of the Bank’s wider Corporate Social Investment commitment to bridge gender and digital divides, equipping women with tools to scale…

Warri–Itakpe Train Service Back To Serve – NRC • Operations resume fully as tickets are being sold already. Passenger operations on the Warri–Itakpe rail corridor are set to resume following the completion of critical maintenance and system checks by the Nigerian Railway Corporation (NRC). The NRC said the temporary suspension of the service allowed its engineers to carry out essential repairs on the track infrastructure and rolling stock, aimed at improving passenger comfort, safety, and operational reliability. Ahead of the resumption, the Corporation reopened its online ticketing platform — https://nrc-fane.ng — at 12 noon on Monday, October 27, enabling passengers…

Int’l airfares for Nigerian travellers now include additional $11.5 charge per ticket from Dec. 1 • Causing extra cost for international travellers. • Nigeria’s inbound and outbound passengers are in for an additional tax regime, with a $11.5 security levy effective December 1, 2025. This new tax, also known as the Advance Passenger Information System (APIS), increases Nigeria’s security levy to $31.50 per flight ticket and is estimated to generate a cumulative sum of $46 million for the Nigeria Civil Aviation Authority (NCAA) yearly. On the other hand, the development will further increase the cost of international travel borne by…

Fidelity Bank Lauds Air Peace on Maiden Heathrow Flight The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe Leading financial institution, Fidelity Bank Plc, has commended Air Peace for its historic inaugural direct flight from Abuja to London Heathrow, describing the milestone as a bold testament to Nigerian excellence in global aviation. The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, OON in a statement issued following the launch, praised Air Peace for its resilience and vision. The MD noted that the airline’s expansion into the prestigious Heathrow route reflects…

NNPC Ltd Renews Commitment to Robust Downstream Infrastructural Development during 2025 OTL Week • Seeks solution to challenges and align on opportunities. The NNPC Ltd has reiterated its commitment to the development and revamping of downstream across the country to enhance collaboration and drive efficiency in the sector. Group Chief Executive Officer, Engr. Bayo Ojulari, stated this at the opening ceremony of the 2025 OTL Africa Downstream Energy Week in Lagos on Monday. Speaking on the conference’s theme “Energy Sustainability: Beyond Boundaries & Competition”, Ojulari said competition alone was no longer enough to drive efficiency, adding that operators must embrace…

Dangote Cement Reports 165% Surge In EPS, Reinforces Market Leadership Across Africa Dangote Cement Plc has announced robust financial results for the nine months ended September 30, 2025, showcasing a remarkable 164.8 per cent increase in earnings per share (EPS), which rose from ₦16.55 to ₦43.80. This significant growth reflects the company’s strong operational performance and strategic expansion efforts. Group revenue climbed by 23.2 per cent, reaching ₦3,154.8 billion compared to ₦2,560.6 billion in the same period of 2024. The company also recorded a 57.7 per cent rise in Group EBITDA, which grew from ₦908.7 billion to ₦1,428.2 billion. Profit…

5,200 women benefitted from empowerment worth N260m – Kano Govt Kano State Governor, Abba Yusuf. CrediT: Abba Yusuf via X The Kano State Governor, Abba Yusuf, on Tuesday, empowered another batch of 5,200 women with N260 million under the state government’s empowerment programme. The beneficiaries were selected from the state’s 44 local government areas. Speaking at the occasion, Yusuf said the state government had introduced some measures to ensure that the money reached the targeted beneficiaries. “Following the discovery of discrepancies in the disbursement during the first phase, we introduced measures to ensure the money reaches the targeted beneficiaries,” he…

WAFCON: Nigeria, Benin at 1-1, 3–1 on aggregate on Tuesday A file photo of Super Falcons. | Credit: CAF … Ashleigh Plumptre scores her first goal for Falcons. The Super Falcons will have to defend their continental title next year at the WAFCON after they brushed aside the Amazons of Benin 3-1 on aggregate on Tuesday. The 10-time African champions won the first leg of this eliminator 2-0 in Lome, Togo, before they were held to a 1-1 draw in the return leg in Abeokuta, Ogun State, on Tuesday. The packed MKO Abiola Stadium in Abeokuta saw Ashleigh Plumptre score…

Nigeria business to benefit from ECOWAS free trade scheme – FG … business owners have to complete necessary registration process to benefit. The Federal Government has called on business owners in Nigeria’s Southeast to take full advantage of the ECOWAS Trade Liberalisation Scheme to boost cross-border trade and grow their markets across West Africa. In Nigeria, the scheme primarily targets Micro, Small, and Medium Enterprises, as well as larger manufacturers, by giving them duty-free access to markets in the other 12 ECOWAS member states Speaking at a one-day sensitisation workshop in Enugu on Tuesday, themed “Increasing Intra-Regional Trade through ETLS”,…

FCCPC lauds court rulings upholding consumer rights in Nigeria FCCPC hails court rulings upholding consumer rights in Nigeria The Federal Competition and Consumer Protection Commission (FCCPC) has applauded recent court rulings affirming consumer rights in Nigeria, describing them as significant milestones for market accountability and consumer confidence. In separate decisions, the Lagos High Court awarded ₦5 million in damages against MultiChoice Nigeria Limited for the wrongful disconnection of a DStv subscriber, while the Enugu High Court declared Peace Mass Transit’s “no refund after payment” policy unlawful and ordered ₦500,000 in compensation to an affected passenger. A statement issued by the…