By Ayomide Otitoju The Nigeria Civil Aviation Authority (NCAA) has reported that domestic airlines delayed 4,765 flights and cancelled 36 others in August 2026. The regulator disclosed this on Sunday in a post on its official X handle while releasing its monthly summary of domestic airline operations. According to the NCAA, 15 airlines operated 7,961…
By Ayomide Otitoju MTN Nigeria, in partnership with the Nigeria-South Africa Chamber of Commerce (NSACC), has highlighted its role in supporting indigenous businesses and strengthening local supply chains in Nigeria. The telecoms company made this known at a business breakfast session organised by MTN Nigeria and NSACC at Eko Hotel & Suites, Victoria Island, Lagos….
By Ayomide Otitoju Fidelity Bank has introduced multiple digital and branch-based channels for investors seeking to subscribe to the Dangote Petroleum Refinery Initial Public Offering (IPO), with the bank saying the process can be completed in less than two minutes. The channels are available to existing Fidelity Bank customers, corporate organisations and non-customers in Nigeria…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reaffirmed its commitment to developing multiple pathways to transform Nigeria into a global gas hub. NNPC’s Executive Vice President, Gas, Power and New Energy, Olalekan Ogunleye, disclosed this on Monday while speaking at the 2026 Gas Technology and Exhibition Conference (GASTECH) in Bangkok,…
By Ayomide Otitoju President of the Dangote Group, Aliko Dangote, has said the listing of Dangote Petroleum Refinery and Petrochemicals FZE on the Nigerian Exchange (NGX) is aimed at broadening wealth creation rather than raising funds for the company. Dangote made the remarks on Monday at the NGX trading floor in Lagos during the official…
By Ayomide Otitoju The Minister of Power, Joseph Tegbe, has secured a commitment from Chinese equipment manufacturer TBEA to establish a power and energy equipment industrial park in Nigeria. Tegbe secured the commitment during a high-level meeting at TBEA’s headquarters in Beijing as part of his working visit to engage original equipment manufacturers and technical…
By Ayomide Otitoju The Dangote Refinery initial public offering (IPO) is set to test the depth of Nigeria’s capital market and the extent to which ordinary investors can participate in Africa’s largest public share offer. At ₦525 per share, investors can subscribe to a minimum of 10 shares for ₦5,250, giving them an opportunity to…
By Ayomide Otitoju Zenith Bank has opened its digital and branch channels for Nigerians at home and abroad seeking to subscribe to the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals. The bank, a receiving bank and designated electronic application channel for the offer, said investors can subscribe through its website, mobile app,…
By Ayomide Otitoju The Nigerian Civil Aviation Authority (NCAA) has fined RwandAir ₦15 million for violating consumer protection regulations over a passenger’s damaged baggage. NCAA spokesperson Michael Achimugu disclosed this in a post on his personal X handle on Friday. He said the sanction was imposed after the airline failed to resolve the passenger’s baggage…
