Business

The Federal Airports Authority of Nigeria (FAAN) says it is determined to eliminate revenue leakages at the country’s airports through full enforcement of electronic payment and collection systems as a significant change in its financial and operational framework. The Managing Director of FAAN, Olubunmi Oluwaseun Kuku told journalists after appearing before a House of Representatives Committee that the agency has …

Post views: 51 By Silvernews High Chief, Pharm. Anthony Ogbuja, a Mbaise-born professional and businessman, has been inducted into the Nguru Political Forum in what observers have described as a strategic boost to the group’s political mobilization ahead of future contests in Imo State. The induction took place on the sidelines of the Ituaka Nguru ceremony held last Saturday …

The world of traditional Yoruba textile art mourns the passing of grandmother Sikira Adunni Aladire, a revered master of the ADIRE craft, who passed away at the age of 90 on Monday, March 2, 2026, at her home in Ile Toki in Ayeye, Ibadan. She was buried the same day according to the Muslim rite. A statement signed by Alhaji …

The Nigerian Electricity Regulatory Commission (NERC) has ordered electricity distribution companies (DisCos) to refund N20.33 billion to customers who paid for meters under the Meter Asset Provider (MAP) scheme but are yet to be fully reimbursed. In the new directive, the regulator instructed that outstanding amounts must be recovered and repaid in full to affected customers over a 12-month period …

President Bola Ahmed Tinubu has appointed Taiwo Oyedele as Minister of Finance, replacing Dr. Doris Uzoka-Anite. Uzoka-Anite will now move to the Ministry of Budget and National Planning, as Minister of State, her third portfolio in the administration. President Tinubu today forwarded Oyedele’s nomination to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio. Until President …

Jubilation in Benue as APC re-elects Agada state president …NASS Caucus supports move, rallies behind Tinubu The report states that the original structure of the All Progressives Congress (APC) in Benue State, on Tuesday, returned comrade Austin Agada as the state president, for another four-year term. The Congress, which was attended by numerous APC stakeholders across the 23 local government …

Nigerians have shown their appreciation and lauded the foresight of the Chairman/CEO of Dangote Industries Limited, Aliko Dangote, for being ingenious in establishing the largest rail refinery in the world. This is due to the escalation of the conflict involving the United States, Israel and Iran, which has sent shockwaves through global oil markets, pushing crude prices sharply higher and …

President Bola Tinubu has nominated a member of his economic team, Mr Taiwo Oyedele as Minister of State for Finance. Oyedele will replace Dr. Doris Uzoka-Anite, who has been transferred to the Ministry of Budget and National Planning as Minister of State, her third portfolio in government. The Special Adviser on Information and Strategy to the President, Mr Bayo Onanuga, …

Post views: 18 It was a joyous moment yesterday when veteran and one of the best football administrators in Nigeria, Dominic Iorfa, the General Manager of Barau FC, celebrated the victory against Plateau United yesterday by breaking his fast with his boss and Vice President of the Senate, Jubril Barau. The Vice President of …

$2.5 billion swap will expand to $10 billion for smoother trading … A move is expected to reduce demand for the US dollar Daud Olatunji The federal government is in advanced talks with China to expand the existing Naira-Yuan currency swap from $2.5 billion to $10 billion, a move aimed at easing pressure on the US dollar, stabilizing the naira …