SAHCO named sole ground handler as Ogun Airport begins operations

By Seun Ibiyemi Skyway Aviation Handling Company Plc (SAHCO) has commenced operations at the newly commissioned Gateway International Airport in Iperu, Ogun State, after being appointed the sole ground handling service provider for the facility. The airport was inaugurated on Monday by President Bola Ahmed Tinubu, marking the formal opening of the Gateway International Airport…

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SERAP demands probe of alleged ₦2.9bn diversion in NIGCOMSAT, NNRA

The Socio-Economic Rights and Accountability Project has called on President Bola Ahmed Tinubu to order a full investigation into the alleged diversion of ₦2.9 billion from key government agencies. In a letter dated April 11, 2026, signed by its Deputy Director, Kolawole Oluwadare, the organisation urged the President to direct the Minister of Communications, Innovation…

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Fitch affirms Nigeria’s ‘B’ rating, cites stronger reserves, reform gains

Global ratings agency Fitch Ratings has affirmed Nigeria’s sovereign credit rating at ‘B’ with a Stable Outlook, citing ongoing economic reforms, rising foreign reserves and improving macroeconomic conditions. The development was disclosed in a statement by Kamorudeen Yusuf, Personal Assistant on Special Duties to President Bola Ahmed Tinubu. According to the statement, Nigeria’s gross external…

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Cash outside banks declines as Nigeria’s liquidity conditions stabilise — CBN

Nigeria’s cash liquidity cycle showed signs of normalisation in February 2026, with currency held outside the banking system declining slightly, according to the Central Bank of Nigeria. Data from the apex bank’s latest Money and Credit Statistics report revealed that currency outside banks fell by 0.058 per cent to N5.20 trillion, down from higher levels…

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Oil output drops to 1.51mbpd as NNPC remits N1.8trn to federation account

By Seun Ibiyemi Nigeria’s crude oil and condensate production declined to an average of 1.51 million barrels per day (mbpd) in February 2026, even as the Nigerian National Petroleum Company Limited recorded a significant increase in revenue remittances to the Federation Account. According to the company’s February Monthly Report Summary, statutory remittances rose sharply to…

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Ecobank, NCF to host 3rd National schools chess championship in Lagos

By Seun Ibiyemi Ecobank Nigeria, in partnership with the Nigeria Chess Federation, has announced plans to host the third edition of the Ecobank National Schools’ Team Chess Championship in May 2026. The organisers disclosed this in a statement on Saturday, noting that the competition is designed to promote critical thinking, discipline and intellectual development among…

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