Trade Fair Vendors Decry Low Patronage, Express Optimism
Vendors at the ongoing Abuja International Trade Fair (AITF) have expressed mixed feelings over patronage, noting that while customer turnout...
Wednesday, August 26, 2026
Business
Global Economy Loses $4.7trn Annually To Fraud – SON
The Standards Organisation of Nigeria (SON) has revealed that fraud costs the global economy over $4.7 trillion annually, representing...
65th Independence: Experts Hail New Electricity Act As Game-Changer For Power Sector
As Nigeria commemorates its 65th Independence anniversary, industry experts have described the signing of the new Electricity Act into law...
FAAN Rolls Out Contactless Payment System At Lagos, Abuja Airports
The Federal Airports Authority of Nigeria (FAAN) has officially launched a contactless payment system at its airports, beginning with Lagos...
Commercial Sex Workers To Pay Income Tax Under New Law
Income earned by commercial sex workers will now be taxable under Nigeria’s updated fiscal laws, Taiwo Oyedele, chairman of the...
Nigeria, South Africa Poised To Exit FATF Grey List In October
Nigeria and South Africa may be removed from the Financial Action Task Force (FATF) grey list as early as next...
African Airlines Lead Global Air Cargo Growth With 11% Surge In August
African airlines recorded the strongest air cargo demand growth globally in August 2025, with volumes rising 11 per cent year-on-year,...
FG Begins Payment of New N32,000 Pension Rate For DBS Retirees
The Pension Transitional Arrangement Directorate (PTAD) has commenced implementation of the new pension increments for retirees under the Defined Benefit...
Meta Seeks Removal From FG’s Cyberbullying Case Against Sowore
Facebook Inc., through its parent company Meta, has asked the Federal High Court in Abuja to strike its name from...
Manufacturers Expect Further Lending Rate Cuts Following CBN’s 50bps MPR Reduction
The Manufacturers Association of Nigeria (MAN) has expressed optimism that the Central Bank of Nigeria’s (CBN) recent decision to slash...
