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Thursday, August 20, 2026

Economy

August 20, 2026

FAAN clarifies ban on Bolt, Uber at Nigerian airports

The Federal Airports Authority of Nigeria (FAAN) says it has not imposed a blanket ban on e-hailing services such as Uber and Bolt at the nation’s airports.

Uber, Bolt
August 20, 2026

YouTube offers millions of dollars to creators to edge out Netflix

YouTube has moved to offer millions of dollars to selected top creators in exchange for exclusivity on the platform to edge out Netflix.

YouTube, Netflix
August 20, 2026

Tinubu govt looted fuel subsidy funds, I’ll restore policy if elected president: Atiku

“Where is the money? They stole it. I will return fuel subsidy. The big thing was that they removed the subsidy, but where is the money?” stated Mr Abubakar.

Former Vice-President Atiku Abubakar
August 19, 2026

Apapa customs record N28 billion in single-day revenue

He attributed the latest milestone to sustained reforms and improved compliance. 

Nigeria Customs Service (NCS)
August 19, 2026

TMCI senior director charged with insider trading in U.S.

“When corporate insiders misuse confidential information for personal gain, they undermine the integrity of our financial system,” said U.S. attorney Jamie McDonald.

Treace Medical Concepts, Inc.
August 19, 2026

JICA: Japan commits N20 billion to expand Nigeria’s national grid

The Japanese government, through the Japan International Cooperation Agency, has committed N20 billion to expand and rehabilitate Nigeria’s national electricity grid.

Power Grid
August 19, 2026

UAE suspends trade, financial transactions with Iran

The UAE has halted all trade, commercial exchange and financial transactions with Iran after the latter attacked several UAE-owned tankers and rejected new talks with the U.S.

President of the United Arab Emirates (UAE), Mohamed bin Zayed Al Nahyan (Credit: Financial Times)
August 19, 2026

Kenya Airways fuel cost surge amid Middle East conflict

Kenya Airways says the Middle East conflict has pushed up its fuel costs by 72 per cent while delaying spare parts and aircraft maintenance.

Kenya Airways
August 19, 2026

Kano govt, Dangote Foundation sign MoU on skills acquisition centre

The Kano government has signed a memorandum of understanding with the Aliko Dangote Foundation to take over and manage the Aliko Dangote Skills Acquisition Centre for 20 years.

Aliko Dangote Foundation (ADF)
August 19, 2026

Naira appreciates further against U.S. dollar

The naira further appreciated on Tuesday in the official market, trading at N1,343.32 to the U.S. dollar.

Redesign naira notes