Category: Business
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AVIATION UNIONS SUSPEND STRIKE UNTIL AUGUST 31ST, NEGOTIATIONS UNDERWAY
Aviation unions in Nigeria have paused their planned strike, originally set for August 11, giving room for further talks with the federal government. Minister of Aviation, Festus Keyamo, praised the unions for this move, attributing the breakthrough to his strong relationship with labor leaders and expressing optimism for a lasting resolution to the sector’s long-standing…
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IBOM AIR BANS UNRULY PASSENGER AFTER VIRAL INCIDENT
Following a viral video showing unruly behavior by passenger Comfort Emmanson on a Uyo-Lagos flight, Ibom Air has taken swift action by banning Emmanson from flying with the airline permanently. The company also reported the incident to the Nigerian Civil Aviation Authority, emphasizing its zero-tolerance policy against any conduct that threatens safety. Ibom Air praised…
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PALMPAY TEAMS UP WITH AXA MANSARD TO EXPAND HEALTH INSURANCE ACCESS VIA MOBILE APP
PalmPay has partnered with AXA Mansard to make health insurance easier and more accessible for millions of Nigerians through the PalmPay app. Users can now buy and manage tailored health plans covering online doctor consultations, medication, diagnostics, surgery, and life insurance—all from their phones. This move aims to close the health coverage gap and boost…
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GOOGLE LAUNCHES STORYBOOK IN NIGERIA: AI-POWERED TOOL TURNS PHOTOS AND DRAWINGS INTO PERSONALISED STORIES
Google has introduced Storybook, a creative new feature in the Gemini app that transforms photos, images, and even children’s fridge drawings into short narrated tales. This tool taps into Nigeria’s rich storytelling heritage and supports its 39 million kids under six by making learning fun, interactive, and personal. Storybook lets parents and educators generate 10-page…
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NIGERIAN STOCK MARKET CLOSES WEEK LOWER AMID PROFIT-TAKING, WEEKS AFTER BULLISH RUN
The Nigerian stock market ended the week down by 0.56%, with market capitalisation dropping by N516 billion to N92.214 trillion. The All-Share Index fell by 815.80 points to 145,754.91, pressured mainly by profit-taking in stocks like Abbey Mortgage Bank, Custodian Investment, and Deap Capital Management. Despite the dip, market breadth was positive with 42 gainers,…
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9MOBILE REBRANDS AS T2, EMBRACING DIGITAL TRANSFORMATION TO WIN BACK MARKET
Nigeria’s fourth-largest telecom, 9mobile, has unveiled its fresh brand identity, T2, signalling a bold new era focused on innovation, digital lifestyle empowerment, and customer-first services. CEO Obafemi Banigbe described T2 as more than a rebrand—it’s a complete transformation into a cloud-native, data-driven, and API-ready operator built for agility and resilience in today’s digital age. Acknowledging…
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MODI AND PUTIN PLEDGE TO STRENGTHEN INDIA-RUSSIA TIES AMID GLOBAL TENSIONS
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin agreed to deepen their “special and privileged” strategic partnership during a recent phone call. Modi invited Putin to the upcoming Russia-India summit, reinforcing cooperation despite global tensions, including the ongoing Ukraine conflict. Modi emphasized India’s call for a peaceful resolution while navigating a delicate balance…
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L-PRES CONDUCTS QUARTERLY TECH MISSION TO BOOST LIVESTOCK IN BAUCHI, GOMBE, PLATEAU
The National Livestock Productivity and Resilience Support (L-PRES) project held a focused two-day technical mission across Bauchi, Gombe, and Plateau to tackle challenges and boost livestock productivity. Unlike regular supervision visits, this mission delivered hands-on solutions to improve water and pasture resources, upgrade abattoirs, and expand market access for farmers. Alhaji Sanusi Abubakar, L-PRES National…
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HEIRS INSURANCE LAUNCHES RETIREMENT DREAM COMPETITION WITH N5M IN GRANTS
Heirs Insurance Group has kicked off the Retirement Dream Competition to empower retirees and pre-retirees across Nigeria. With a total prize pool of N5 million, the contest invites Nigerians aged 50 to 75 to submit one-minute videos sharing their post-retirement dreams or projects. Winners will walk away with grants to bring their visions to life:…
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NCC INTRODUCES TOUGHER CORPORATE GOVERNANCE RULES FOR TELECOMS
The Nigerian Communications Commission (NCC) has rolled out stricter corporate governance guidelines for telecom operators to boost transparency, risk management, and investor confidence. Dr. Aminu Maida, NCC’s Executive Vice-Chairman, emphasised that strong governance is now essential—not optional—in safeguarding Nigeria’s digital future amid cybersecurity and climate risks. The new rules require balanced boards with ICT and…
