The Federal Government has declared Wednesday, May 27, and Thursday, May 28, 2026, as public holidays to mark this year’s Eid-ul-Adha celebration. The announcement was made in a statement issued on Monday by Dr Magdalene Ajani, Permanent Secretary of the Ministry of Interior. According to the statement, the declaration was approved by the Minister of Interior, Olubunmi Tunji-Ojo, on behalf of the Federal Government. Tunji-Ojo said the declaration reflects the Federal Government’s recognition of the spiritual importance of Eid-ul-Adha to millions of Muslims in Nigeria and around the world. “This declaration affirms the Federal Government’s profound respect for the faith…
Author: Elvis Eromosele
Nigeria has launched a new regional air cargo corridor in partnership with RwandAir, creating direct export routes for Nigerian businesses to Kigali, Lusaka, and Harare as part of efforts to boost intra-African trade. The announcement was made on Monday by Jumoke Oduwole, Minister of Industry, Trade and Investment, through her official X account. The initiative is expected to strengthen Nigeria’s export logistics network and provide local businesses with faster and more affordable access to markets in East and Southern Africa. According to Oduwole, the new cargo corridor was launched on Africa Day and forms part of broader efforts to deepen…
The Eko Electricity Distribution Plc is set to use the EKEDP Power App, a smart digital platform designed to give customers more control, visibility and convenience in managing their electricity consumption. Built to simplify everyday power management, the app allows users to buy tokens, pay bills, transfer units, monitor usage, manage service requests and access multiple electricity services, all in one place. Designed around the needs of modern Lagos consumers, the EKEDP Power App aims to reduce the stress, uncertainty and fragmented processes often associated with electricity management by creating a faster, simpler and more connected customer experience. Since the…
Nestlé Nigeria has convened government representatives, healthcare professionals, development partners, academia, industry leaders, civil society organisations, and the media at the Nestlé for Good Summit 2026, a stakeholder platform focused on advancing practical, collaborative solutions to improve nutrition outcomes, strengthen communities, and support more sustainable food systems in Nigeria. At a time when Nigeria continues to navigate evolving nutrition, public health, and food system challenges, the Summit provided a timely forum for cross-sector dialogue on how to drive meaningful and scalable impact. Held in Lagos, the Summit brought together key stakeholders including Mrs. Folashade Bada Ambrose-Medebem, the Honourable Commissioner for Commerce,…
Afrinvest West Africa Limited has reaffirmed its commitment to strengthening its partnership with reigning Nigerian Premier Football League champions, Enugu Rangers International FC, following the club’s historic ninth league triumph. The financial services firm, which entered into a three-year front-shirt sponsorship agreement with the Flying Antelopes in October 2023, expressed delight over the club’s continued success since the partnership began. Speaking after Rangers defeated Ikorodu City 2-1 in the final league match to secure the 2025/26 NPFL title, Dr Ike Chioke, Group Managing Director of Afrinvest West Africa Limited, attributed the club’s achievements to improved player welfare, institutional discipline, and…
The debut book by Nigerian entrepreneur Tara Fela-Durotoye, Building Beyond You: The House of Tara Story, has recorded a major international milestone after charting as an Amazon Business bestseller in both Canada and the United States. The book, which draws from Fela-Durotoye’s 27-year entrepreneurial journey building House of Tara International, first entered Amazon’s Business bestseller rankings in Canada ahead of its official unveiling in Lagos in April 2026. Days after the launch event, the title also climbed Amazon’s Business charts in the United States, marking a rare double achievement for a Nigerian-authored business book. The feat has attracted attention within…
The Central Bank of Nigeria (CBN) carried out one of its most aggressive Open Market Operations (OMO) auctions in recent history, mopping up N3.692 trillion in a single trading session as monetary authorities intensified efforts to tighten liquidity and contain inflationary pressures. According to OMO auction results released by the apex bank, investor demand for the CBN’s short-term securities far exceeded expectations during the May 21, 2026, auction. The CBN had offered N600 billion across two instruments, a 33-day bill and a 138-day bill, but total subscriptions surged to N3.692 trillion, representing more than six times the amount initially offered.…
The Nigeria Civil Aviation Authority (NCAA) has temporarily suspended enforcement of its controversial “no pay, no service” directive against 11 domestic airlines over unpaid statutory remittances owed to the regulator. The suspension was announced on Sunday in a statement signed by Capt. Chris Najomo, Director-General of Civil Aviation. The move comes days after the NCAA issued an internal directive placing the affected airlines on an updated compliance list and ordering the withdrawal of regulatory and administrative services until outstanding debts were settled. According to the NCAA, the enforcement policy was originally introduced to improve compliance with statutory remittances collected by…
President Bola Ahmed Tinubu has admitted that many Nigerians are still struggling with rising living costs despite the economic reforms introduced by his administration over the past three years. Tinubu made the remarks on Sunday during his acceptance speech after emerging as the presidential flagbearer of the All Progressives Congress (APC) for the 2027 elections. The President acknowledged that while his government has recorded progress in stabilising the economy and implementing key reforms, millions of Nigerians continue to face hardship due to inflation and economic adjustments. Nigeria’s headline inflation rate rose to 15.69 per cent in April 2026, up from…
By Ike Chioke The sight of jubilant Arsenal supporters pouring into the streets of North London after the Gunners secured their first English Premier League title in 22 years was more than just a football celebration. It was a reminder of how deeply football has embedded itself into the emotional, economic, cultural and political fabric of modern society. For millions of Nigerians, Arsenal’s triumph was personal. Across Lagos, Abuja, Port Harcourt, Kano, Enugu and countless towns and villages, bars overflowed with excited fans draped in red and white. WhatsApp groups exploded with banter. Offices suddenly became tactical analysis rooms. Even…