Author: Ifetayo Adeniyi

The minister of Aviation and Aerospace Development, Festus Keyamo The federal government has made public its plans to extend the existing Lagos rail network to the domestic and international terminals of the Murtala Muhammed Airport (MMA), as part of efforts to strengthen Lagos’ position as a leading aviation hub in Africa. The minister of Aviation and Aerospace Development, Festus Keyamo, unveiled this on Monday while speaking at the opening ceremony of Invest Lagos 3.0, organised by the Lagos State government. According to the minister, discussions are already underway between the Federal Ministry of Aviation and the Lagos State government to…

Africa’s global bank, United Bank for Africa (UBA) Plc, has won the African category at the 2026 Banker Technology Awards, earning recognition for its innovations in digital payments, e-business solutions, and the application of artificial intelligence to strengthen cross-border banking across more than 20 African countries. The award places UBA among the leading financial institutions driving technological transformation across the continent, following a competitive process that attracted nearly 200 submissions across 17 regional and product categories. According to the organisers, the 2026 awards reflected the growing role of technology as a core component of modern banking operations, spanning payments, compliance,…

The match is scheduled for June 10 at 8:45 p.m. Nigerian time and will take place at the Estádio Dr Magalhães Pessoa in Leiria, Portugal. The Super Eagles of Nigeria aim to conclude their international friendly schedule on a positive note when they face 2026 FIFA World Cup-bound Portugal in a high-profile encounter on Wednesday evening. Eric Chelle’s side enters the fixture in encouraging form, having built momentum from their recent Unity Cup performances, where they delivered a second consecutive record-breaking outing. Nigeria also produced a competitive display against Poland in their previous friendly, securing a 2-2 draw after a…

Abducted Principal of Community High School, Ahoro-Esinle, Mrs. Rachael Alamu.  Having spent 24 days in captivity, Alamu clarifies the demands of the abductors. The abducted Principal of Community High School, Ahoro-Esinle, Mrs. Rachael Alamu, has appealed to the government to negotiate with her captors, dismissing reports that the abductors demanded a N1billion ransom or the imposition of Sharia law across Nigeria. In an emotional message from captivity, Mrs. Alamu said several media reports circulating about the demands of the abductors were inaccurate and had complicated efforts aimed at securing the release of the victims. Mrs Alamu says abductors are only…

File: CBN The Central Bank of Nigeria (CBN) has unveiled a sweeping revision of its foreign exchange regulatory framework, introducing a N100 million penalty for banks that process foreign exchange (FX) transactions without adequate documentation and tightening compliance requirements across the market. Contained in the Fourth Edition of the Foreign Exchange Manual recently released, the new framework marked the first major review of the guide in nearly a decade and is aimed at strengthening transparency, improving market discipline and boosting confidence in Nigeria’s FX market. Under the revised rules, authorised dealer banks found to have consummated foreign exchange transactions without…

Nkem Owoh  Veteran comic actor Nkem Owoh popularly known as Osuofia, gave insight into how his acting career started. While he spoke on the Selah Meditate podcast, Owoh explained that he initially worked only as a scriptwriter. He said colleagues who noticed his comedic talent behind the scenes pressured him to perform on camera. “My coming in front of the camera was an accident. I was a scriptwriter behind the scenes and people started telling me to start performing in front of the camera”, he said. He recalled that a TV station once gave him a seven-minute stand-up comedy slot…

President Bola Tinubu & President of Madagascar, Colonel Michaël Randrianirina. President Bola Tinubu is in closed-door discussion with the President of Madagascar, Colonel Michaël Randrianirina, at the Aso Rock Presidential Villa, Abuja. The visiting Malagasy leader, who arrived at the State House at exactly 02:57 p.m. local time, was led to the forecourt by an array of bagpipers from the Presidential Brigade of Guards. He was received by a delegation led by the Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, before being ushered into the President’s office complex for a closed-door session. The high-level engagement marks Randrianirina’s first official visit to…

…designed to reinforce strategic guardrails for data subjects. The Nigeria Data Protection Commission has unveiled a two-year data protection initiative in partnership with Meta Platforms, Facebook’s parent company, aimed at strengthening privacy safeguards, capacity building and regulatory compliance. The programme, known as the Meta-Supported Initiatives for Data Protection, follows a regulatory engagement between the NDPC and Meta after an investigation into the company’s data processing practices in Nigeria. The matter was concluded in 2025 through a court-approved settlement under which Meta agreed to support public-facing data protection initiatives aligned with Nigeria’s privacy framework. In a statement on Monday signed by…

FCMB Group Plc has reported a profit before tax (PBT) of N202.1 billion for the financial year ended December 31, 2025, representing an 80.6 per cent rise from the N111.9 billion recorded in the corresponding period of 2024. The financial conglomerate’s profit was driven largely by growth in interest income, which crossed the N1 trillion mark for the first time in the group’s history, according to its audited financial statements released yesterday. It also posted a profit after tax of N177.3 billion, up from N73.3 billion in 2024, while gross earnings rose by 42.5 per cent to N1.13 trillion. Consequently,…

NBS Logo Telecommunications operators have faulted the National Bureau of Statistics (NBS) report indicating that the sector attracted only $7.24 million in foreign capital in the first quarter of 2026, arguing that the figure does not reflect the actual level of investment flowing into Nigeria’s telecom industry. The NBS revealed in its Capital Importation Report that the telecom sector posted one of the weakest foreign investment performances in the country for the period, drawing just $7.24 million or 0.07 per cent of the $10.37 billion total capital imported into Nigeria that quarter. Hence, that amount marked a 91% drop from…