Trust Africa News

NCAA Memo Orders Service Withdrawal Pending Financial Clearance

By Ayomide Otitoju The Nigerian Civil Aviation Authority (NCAA) has suspended its previously enforced “no pay, no service” directive against local airlines. The decision follows an internal memo dated May 22, 2026, which had instructed all NCAA directorates to withdraw services from affected operators pending financial clearance from the Directorate of Finance and Accounts. At…

Read More

Dangote Refinery Boosts Nigeria’s Economic Outlook After S&P Upgrade

By Ayomide Otitoju  Dangote Petroleum Refinery & Petrochemicals is playing a key role in Nigeria’s improving economic outlook, following the country’s sovereign credit rating upgrade by S&P Global Ratings. S&P upgraded Nigeria’s long- and short-term foreign and local currency ratings to “B” from “B-”, citing stronger economic growth, improved external balances, rising oil production, and…

Read More