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Stock Investors’ Assets Rise by N6.8 Trillion in January Stock Investors’ Assets Rise by N6.8 Trillion in January

Stock Investors’ Assets Rise by N6.8 Trillion in January

Nigeria’s equities market opened 2026 on a strong footing as investors’ portfolios expanded by N6.8 trillion in January, driven by...

RevolutionPlus RevolutionPlus
General1 day ago

Amidst rising Nigeria’s housing challenges, RevolutionPlus’ stalled Lekki project puts diaspora investors at risk
Mutual Funds Grow to N7.67trn on Higher Demand, Yields Mutual Funds Grow to N7.67trn on Higher Demand, Yields
Money and Fixed Income1 week ago

Mutual Funds Jump 100% to N7.67trn on Higher Demand, Yields
NGX Turnover Slips 23.6% as Stock Investors Lose N395Bn NGX Turnover Slips 23.6% as Stock Investors Lose N395Bn
Capital Market1 week ago

NGX Turnover Slips 23.6% as Stock Investors Lose N395Bn
Access ARM Pensions Exceeds N4trn AUM Post-Merger Asset  Access ARM Pensions Exceeds N4trn AUM Post-Merger Asset 
Pension2 weeks ago

Access ARM Pensions Exceeds N4trn AUM Post-Merger Asset 

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MARKETS AND ECONOMY

AfDB Approves $3.9m for Nigeria, others to Connect 300m Africans to Electricity
Energy2 hours ago

AfDB Approves $3.9m for Nigeria, others to Connect 300m Africans to Electricity

The African Development Bank (AfDB) has approved a sum of $3.9 million for some 13 countries including Nigeria to connect...

Transcorp Hotels Posts Historic N97Bn Revenue as Gross Profit Jumps 49% Transcorp Hotels Posts Historic N97Bn Revenue as Gross Profit Jumps 49%
Company Reports6 hours ago

Transcorp Hotels Posts Historic N97Bn Revenue as Gross Profit Jumps 49%
Nigerian Stock Market Nigerian Stock Market
Capital Market12 hours ago

Expert Bets on Nigerian Stock Market to Deliver 45.9% RoI in 2026

First HoldCo Plc
Company Reports13 hours ago

First HoldCo Plc Grows Earnings to N3.4 Trillion, Profit Declines on Heavier Impairment Charges
FG Pledges to Reform Electricity Market with Fresh N500bn Capital Raise
BM INDEX6 days ago

FG Pledges to Reform Electricity Market with Fresh N500bn Bond Capital Raise
Brent Surpasses $65, U.S WTI Hits $61 Over Uncertainty
Energy1 week ago

Brent Surpasses $65, U.S WTI Hits $61 Over Uncertainty
DMO Bond Auction
MARKETS AND ECONOMY2 weeks ago

Federal Government to Raise N900 Billion Through Bond Auction
Nigeria's economic growth 2026
MARKETS AND ECONOMY2 weeks ago

At 4.4%, Nigeria’s Economy to Outpace Global Growth Average in 2026 – IMF
Annual Tax Returns Filing
General2 weeks ago

LIRS Reiterates January 31st Deadline for Employers’ Annual Tax Returns Filing

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Tech World

Nigeria’s Cybersecurity
Analyst Insight6 hours ago

Nigeria’s Cybersecurity Crossroads: Telecoms, Open Banking and Deepening US Partnerships

Nigeria is standing at a defining moment in its digital evolution. Rapid growth across telecommunications, fintech, and Open Banking has...

Corporate Training Adatech Global Edge Corporate Training Adatech Global Edge
ICT1 day ago

Why Your Corporate Training Investment Are Not Delivering Results, And How to Fix It
Telcos to Pump Fresh N1.4 Trillion on Network Expansion – NCC Telcos to Pump Fresh N1.4 Trillion on Network Expansion – NCC
Telecoms2 days ago

Telcos to Pump Fresh N1.4 Trillion on Network Expansion – NCC

NCC To Rollout Satellite-To-Phone Technology For 23.3M Nigerian
Telecoms2 weeks ago

NCC to Rollout Satellite-to-Phone Technology for 23.3m Nigerians
AI Adoption in Nigeria
TECH WORLD2 weeks ago

Nigerians Leading Global AI Adoption as 88% Use Chatbots, Google Survey Shows
TECH WORLD2 weeks ago

BDIC Partners Cisco Networking Academy to Train Benue Youths in Digital Skills
Africa Start-up Funding
TECH WORLD2 weeks ago

2025: How Kenya, Egypt, S/Africa and Nigeria Capture 82% of Africa Start-up Funding
NCC, CBN Introduce 30-Second Refund Rule for Failed Airtime and Data Purchases
Telecoms3 weeks ago

NCC, CBN Introduce 30-Second Refund Rule for Failed Airtime and Data Purchases
Draft Five-year Spectrum Roadmap
Telecoms4 weeks ago

NCC Seeks Stakeholder Input on Draft Five-year Spectrum Roadmap, 60 ghz Guidelines

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MEDIA OUTREACH

SUPPORT TEAM NIGERIA AT THE DAVIS CUP SUPPORT TEAM NIGERIA AT THE DAVIS CUP
MEDIA OUTREACH6 days ago

CALL TO ACTION: SUPPORT TEAM NIGERIA AT THE DAVIS CUP!
PalmPay User Shares Her Experience on Fintech Apps to Trust in Nigeria PalmPay User Shares Her Experience on Fintech Apps to Trust in Nigeria
MEDIA OUTREACH1 week ago

PalmPay User Shares Her Experience on Fintech Apps to Trust in Nigeria

Palmpay promo Palmpay promo
MEDIA OUTREACH3 weeks ago

PalmPay, Premier Cool Launch N100m Campaign to Reward Nigerians
ipNX Shines at ATCON Inaugural Telecoms Excellence Awards ipNX Shines at ATCON Inaugural Telecoms Excellence Awards
Appointments1 month ago

ipNX Shines at ATCON Inaugural Telecoms Excellence Awards
MEDIA OUTREACH1 month ago

Nigerian prominent politicians, business tycoons grace Unique Mall opening in Ibadan
MEDIA OUTREACH1 month ago

PalmPay Announces N400 Million Festive Rewards Campaign with Global Travel Prizes

Finance

MTN’s MoMo PSB Expands Cross-Border Transfers to More African Countries  MTN’s MoMo PSB Expands Cross-Border Transfers to More African Countries 
Fintech2 weeks ago

MTN’s MoMo PSB Expands Cross-Border Transfers to More African Countries 
Nigerian Banks Set New Target to Respond to Frauds Nigerian Banks Set New Target to Respond to Frauds
Finance2 weeks ago

Nigerian Banks Set New Target to Respond to Frauds

The Missing Pieces in Nigeria’s Banking Recapitalisation The Missing Pieces in Nigeria’s Banking Recapitalisation
Analyst Insight2 weeks ago

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PalmPay User Shares Her Experience on Fintech Apps to Trust in Nigeria PalmPay User Shares Her Experience on Fintech Apps to Trust in Nigeria
Fintech3 months ago

PalmPay Executes Nigeria’s First Live Transaction on the National Payment Stack
5 Smart Ways Nigerians Use PalmPay Every Day 5 Smart Ways Nigerians Use PalmPay Every Day
Fintech3 months ago

5 Smart Ways Nigerians Use PalmPay Every Day
Banks' Impairment Charges Banks' Impairment Charges
Banking3 months ago

Banks’ N1.96Trn Black Hole: Who Took the Loans, Who Defaulted, and Why the Real Economy Suffers

VIEWPOINTS

Opinion3 days ago

Dramedy of Coalition II: No Saint among Thieves (The Kano Scenario)

If anyone still doubts that ideology is ornamental in Nigerian politics, Kano offers a brutal refresher. Not a theory, not...
NIGERIA: WHY TÜRKIYE NIGERIA: WHY TÜRKIYE
Opinion1 week ago

NIGERIA: WHY TÜRKIYE – BY SUNDAY DARE

On Monday this week President Bola Ahmed Tinubu departs for a two-day official visit to the Republic of Türkiye. The...
ADC ADC
Opinion1 week ago

The Dramedy of Coalition I: No Saint among Thieves

By Gharny Yeku Nigerians have seen this film before. Only the actors change costumes, the dialogue is slightly refreshed, and...
How Policy Flip-Flops Are Making Nigerians Poorer How Policy Flip-Flops Are Making Nigerians Poorer
Opinion2 weeks ago

How Policy Flip-Flops Are Making Nigerians Poorer

By Blaise Udunze Nigeria’s deepening poverty crisis is no longer speculative; it is now statistically inevitable. Although the latest Consumer...
Changes in tax act Changes in tax act
Analyst Insight3 weeks ago

The Nigeria Tax Act: Some Important Changes in The Final Gazette – And Why It Matters for Businesses

By Kenneth Erikume and Emeka Chime of PwC The new year opens with Nigeria’s most significant tax reset in a...
Editorial: Nigeria Must Harness the Aviation Boom to Propel Its $1 Trillion Economy Dream As global airlines approach the historic threshold of USD 1 trillion in annual revenues, a defining moment has arrived for Nigeria and the broader African aviation sector. What looks like a financial landmark on the world stage is, for Nigeria, a strategic opportunity to restructure and reposition its economy for rapid growth. According to the International Air Transport Association (IATA), the world’s airlines are projected to surpass $1 trillion in revenues, underpinned by resilient passenger demand and expanding trade flows. This milestone reflects not only a recovery from pandemic lows but a robust global appetite for air connectivity, cargo movement and international exchange. For Nigeria, which is targeting a $1 trillion economy, the aviation boom offers more than symbolic alignment, it opens pathways that can accelerate diversification, jobs creation and deeper integration into the global economy. Why Aviation Matters for Nigeria’s Economic Ambition At present, air transport directly contributes around $702 million in economic output and supports 39,500 direct jobs, according to IATA’s latest data. This accounts for about 0.2 per cent of Nigeria’s GDP. When broader effects across the supply chain, tourism and employee spending are included, aviation’s total annual contribution rises to approximately $2.5 billion, supporting over 217,000 jobs nationwide. These figures might appear modest against the backdrop of a $1 trillion GDP target, but they mask aviation’s catalytic role across multiple value chains. Aviation is not just about flights; it is about connectivity, competitiveness and commerce. Air transport enables rapid movement of people, goods and ideas. This feature is indispensable for a modern economic ecosystem. Unlocking Strategic Value: Three Priority Areas First, boost trade via cargo transport. Africa’s integration into global supply chains has often been hindered by logistics bottlenecks and slow sea freight corridors. The robust growth in air cargo, itself a response to tariff adjustments and supply-chain shifts — demonstrates the value of speed and reliability. Nigeria, with its large industrial and agricultural output, can capitalise on this by expanding cargo capacity, streamlining customs processes, and developing hubs that link West Africa to Asia, Europe and the Americas. Second, leverage tourism and hospitality linkages. Aviation’s role in enabling tourism is already visible and feasible: international visitors to Nigeria contribute an estimated $760 million annually through local spending on goods, services and experiences. Beyond direct airline revenues, this ripple effect touches hotels, transport services, cultural sites and retail — sectors critical to inclusive growth. If Nigeria can enhance visa facilitation, improve air connectivity and showcase its cultural assets, tourism-linked aviation can become a powerful engine of jobs and foreign exchange. Third, strengthen domestic and regional connectivity. Nigeria’s aviation ecosystem, with nearly 40 certified airlines and more than 30 airports, possesses the basic infrastructure for growth. What it lacks is seamless integration across domestic and intra-African routes, an area where initiatives like the Single African Air Transport Market (SAATM) and improved regulatory harmonisation can pay dividends. A more connected Nigeria fosters business linkages, reduces travel costs, and opens domestic markets to regional investors and consumers alike. Addressing Structural Challenges To translate global aviation momentum into tangible economic gains, Nigeria must address persistent barriers. High operating costs, inefficient regulatory frameworks and limited access to capital have hindered airline competitiveness and sidelined private investment. Policies that create a predictable and cost-efficient operating environment — including tax incentives, modernised infrastructure financing, and capacity building for critical skills — will be essential. Leadership in policy is equally important to see Nigeria’s national aviation strategy explicitly align with industrial and trade plans for 2030. Strategic aviation policies should integrate with tourism, manufacturing and export promotion frameworks, enabling air transport to function as an economic multiplier rather than a standalone sector. Conclusion: From Momentum to Measurable Impact The global aviation industry’s ascent towards a $1 trillion revenue era is not a distant spectacle; it is a present reality with clear implications for Nigeria’s development path. Rather than view aviation solely as an operational service, policymakers should see it as a strategic asset capable of accelerating Nigeria’s journey to a $1 trillion economy. By expanding cargo corridors, boosting tourism linkages and strengthening domestic and regional connectivity, Nigeria can transform aviation from a modest contributor into a dynamic engine of economic transformation. Done well, aviation can help Nigeria leapfrog structural constraints, diversify growth, and deepen its integration into the global economy — exactly the outcomes its trillion-dollar ambition demands. Editorial: Nigeria Must Harness the Aviation Boom to Propel Its $1 Trillion Economy Dream As global airlines approach the historic threshold of USD 1 trillion in annual revenues, a defining moment has arrived for Nigeria and the broader African aviation sector. What looks like a financial landmark on the world stage is, for Nigeria, a strategic opportunity to restructure and reposition its economy for rapid growth. According to the International Air Transport Association (IATA), the world’s airlines are projected to surpass $1 trillion in revenues, underpinned by resilient passenger demand and expanding trade flows. This milestone reflects not only a recovery from pandemic lows but a robust global appetite for air connectivity, cargo movement and international exchange. For Nigeria, which is targeting a $1 trillion economy, the aviation boom offers more than symbolic alignment, it opens pathways that can accelerate diversification, jobs creation and deeper integration into the global economy. Why Aviation Matters for Nigeria’s Economic Ambition At present, air transport directly contributes around $702 million in economic output and supports 39,500 direct jobs, according to IATA’s latest data. This accounts for about 0.2 per cent of Nigeria’s GDP. When broader effects across the supply chain, tourism and employee spending are included, aviation’s total annual contribution rises to approximately $2.5 billion, supporting over 217,000 jobs nationwide. These figures might appear modest against the backdrop of a $1 trillion GDP target, but they mask aviation’s catalytic role across multiple value chains. Aviation is not just about flights; it is about connectivity, competitiveness and commerce. Air transport enables rapid movement of people, goods and ideas. This feature is indispensable for a modern economic ecosystem. Unlocking Strategic Value: Three Priority Areas First, boost trade via cargo transport. Africa’s integration into global supply chains has often been hindered by logistics bottlenecks and slow sea freight corridors. The robust growth in air cargo, itself a response to tariff adjustments and supply-chain shifts — demonstrates the value of speed and reliability. Nigeria, with its large industrial and agricultural output, can capitalise on this by expanding cargo capacity, streamlining customs processes, and developing hubs that link West Africa to Asia, Europe and the Americas. Second, leverage tourism and hospitality linkages. Aviation’s role in enabling tourism is already visible and feasible: international visitors to Nigeria contribute an estimated $760 million annually through local spending on goods, services and experiences. Beyond direct airline revenues, this ripple effect touches hotels, transport services, cultural sites and retail — sectors critical to inclusive growth. If Nigeria can enhance visa facilitation, improve air connectivity and showcase its cultural assets, tourism-linked aviation can become a powerful engine of jobs and foreign exchange. Third, strengthen domestic and regional connectivity. Nigeria’s aviation ecosystem, with nearly 40 certified airlines and more than 30 airports, possesses the basic infrastructure for growth. What it lacks is seamless integration across domestic and intra-African routes, an area where initiatives like the Single African Air Transport Market (SAATM) and improved regulatory harmonisation can pay dividends. A more connected Nigeria fosters business linkages, reduces travel costs, and opens domestic markets to regional investors and consumers alike. Addressing Structural Challenges To translate global aviation momentum into tangible economic gains, Nigeria must address persistent barriers. High operating costs, inefficient regulatory frameworks and limited access to capital have hindered airline competitiveness and sidelined private investment. Policies that create a predictable and cost-efficient operating environment — including tax incentives, modernised infrastructure financing, and capacity building for critical skills — will be essential. Leadership in policy is equally important to see Nigeria’s national aviation strategy explicitly align with industrial and trade plans for 2030. Strategic aviation policies should integrate with tourism, manufacturing and export promotion frameworks, enabling air transport to function as an economic multiplier rather than a standalone sector. Conclusion: From Momentum to Measurable Impact The global aviation industry’s ascent towards a $1 trillion revenue era is not a distant spectacle; it is a present reality with clear implications for Nigeria’s development path. Rather than view aviation solely as an operational service, policymakers should see it as a strategic asset capable of accelerating Nigeria’s journey to a $1 trillion economy. By expanding cargo corridors, boosting tourism linkages and strengthening domestic and regional connectivity, Nigeria can transform aviation from a modest contributor into a dynamic engine of economic transformation. Done well, aviation can help Nigeria leapfrog structural constraints, diversify growth, and deepen its integration into the global economy — exactly the outcomes its trillion-dollar ambition demands.
Editorials3 weeks ago

Editorial: Nigeria Must Harness Aviation Boom to Propel Its $1 Trillion Economy Dream

As global airlines approach the historic threshold of USD 1 trillion in annual revenues, a defining moment has arrived for...

General News

First HoldCo Plc
Company Reports13 hours ago

First HoldCo Plc Grows Earnings to N3.4 Trillion, Profit Declines on Heavier Impairment Charges

First HoldCo Plc has reported stronger topline performance in its unaudited financial results for the 2025 financial year, with gross...

NCC Approves 3 New Satellite Operators to NCC Approves 3 New Satellite Operators to
News5 days ago

NCC Approves 3 New Satellite Operators to Deepen Broadband Access
Health Emergency Initiative PROJECT BLOOM Health Emergency Initiative PROJECT BLOOM
General1 week ago

IMPACT: NGX Group, Lagos State and HEI Expand Project BLOOM to Alimosho

Khaled Salah AVEVA
Appointments2 weeks ago

AVEVA Appoints Khaled Salah as Vice President of Africa
Lagos Earmarks N2.337 Trillion for Capital Projects as Sanwo-Olu Assents to N4.4 Trillion 2026 Budget
General2 weeks ago

Lagos Pledges N2.337 Trillion Capital Projects as Sanwo-Olu Assents to N4.4 Trillion 2026 Budget
Nigeria’s Inflation Decline
News2 weeks ago

Nigeria’s Inflation Decline to 15.15% in December 2025 Ignites Questions of Sustainability  
Board Members Club of Abeokuta Lifts Students with Back-to-School Support in Abeokuta
Education2 weeks ago

Board Members Club of Abeokuta Lifts Students with Back-to-School Support in Abeokuta
Annual Tax Returns Filing
General2 weeks ago

LIRS Reiterates January 31st Deadline for Employers’ Annual Tax Returns Filing
PalmPay User Shares Her Experience on Fintech Apps to Trust in Nigeria
News3 weeks ago

Palmpay Opens New Office in Lagos to Deepens Long-Term Commitment

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