Business

The Federal Competition and Consumer Protection Commission (FCCPC) has warned Air Peace airline against obstructing ongoing inquiry into alleged exploitative ticket pricing among other potential violations of consumers’ rights. FCCPC in a statement issued on Sunday by its Director of Corporate Affairs, Ondaje Ijagwu, said Section 33 of the Federal Competition and Consumer Protection Act (FCCPA) 2018 grants the Commission discretionary…

Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Dr Aminu Maida, has clarified that smartphones consume data, even when idle.  He made the clarification in his keynote address at the the 93rd Telecoms Consumer Parliament (TCP) held in Abuja recently. The NCC EVC/CEO stated that the clarification became necessary as part of the efforts to addressing misconceptions, rising concerns…

The Naira on Friday appreciated massively at the official and parallel foreign exchange markets to end the week on a good note. The Central Bank of Nigeria (CBN)’s exchange market data showed that the Naira appreciated to N1,535 per dollar on Friday from N1,567 per dollar on Thursday. This showed that the Naira gained N32 against the dollar compared to…

A report has revealed that Nigeria’s fintech ecosystem attracted over $2 billion in investments in the year 2024. This is according to the 2024 Economic Report by the Office of the Special Adviser to Nigeria’s President on Economic Affairs (in the Office of the Vice President), dated November 2024. The report was launched on Friday at the Banquet Hall in…

As the Computer-Based Aptitude Test for Nigerian National Petroleum Company Limited’s (NNPC Ltd.) recruitment begins on Saturday at various centers across the country, the Group Chief Executive Officer (GCEO), Mr. Mele Kyari, visited the Ansar-Ud-Deen Society Centenary Resource Centre in Maitama, Abuja, to ensure the process is smooth, transparent, fair, and credible. As an equal opportunity employer, NNPCL. has made…

The federal government has announced that some proactive measures have been approved to help prevent harassment and extortion of air travelers by various government agencies stationed at international airports in the country. The development was made known by Nigeria’s Aviation Minister, Festus Keyamo, in a statement posted on his official X page on Thursday. According to the statement, the minister…

The Chairman, Paramo International Trade Center Board, Femi Martins, has urged all stakeholders to shun all forms of bitterness and maintain peace in the market located in Ladipo, the Mushin Local Government Area of Lagos State. Martins, while speaking during the engagement on Thursday, said the board was established by a bylaw enacted by the legislative arm of the LG,…

The Association of Professional Women Bankers (APWB) has announced its highly anticipated 2024 Marquee Event, a distinguished evening designed to inspire, educate, and empower professionals across the banking, financial services, and corporate sectors. With the theme “Positioning for Economic Shifts and Global Trends – 2025 and Beyond,” this year’s event aims to foster meaningful connections, professional networking, and relationship-building opportunities…

The Federal Airports Authority of Nigeria (FAAN) has again ordered the dismantling of manual search tables at the screening points in the international terminal of the Murtala Muhammed Airport, Lagos. It therefore directed security operatives to resort to using technology-driven screening equipment to search passengers’ luggage. The agency  has ordered Aviation Security (AVSEC) officials to apply strict measures in making…

The Nigerian National Petroleum Company Limited (NNPCL) has insisted that the Old Port Harcourt Refinery is up and running, with loading operations in full swing. The Group Chief Executive Officer, Mr Mele Kyari, gave the confirmation at the commissioning of the NUPENG Towers in Lagos on Wednesday, according to a statement signed by the Chief Corporate Communications Officer NNPC Ltd,…