Business
NCAA to Deploy RFID Technology to Curb Baggage Mishandling at Airports
The Nigeria Civil Aviation Authority plans to introduce RFID baggage tracking technology, letting passengers monitor checked luggage in real time from check-in to arrival.
African Airlines Reject Charges for Border Security Data Systems
Aviation bodies including IATA and AFRAA have rejected attempts to make airlines and passengers pay for government-run passenger data systems, saying border security is a state responsibility.
CBN Warns Against Rejection of Standard N100 Note, Threatens Sanctions
The Central Bank of Nigeria has warned businesses and individuals against rejecting the standard N100 banknote, saying both it and the commemorative N100 note remain legal tender.
Enterprise Life Assurance Raises Paid-Up Capital to Over N18.7bn
Enterprise Life Assurance Nigeria has raised its paid-up share capital to over N18.7 billion, nearly double the regulatory minimum, positioning it to underwrite larger risks.
NNPC to Roll Out New Contract Framework, Unlocking Up to $50bn in Offshore Oil Investment
NNPC is set to implement a new Production Sharing Contract framework aimed at unlocking up to $50 billion in deep offshore oil and gas investment.
Naira Holds Steady Against Dollar, Trading Around ₦1,364 Officially
The naira remained broadly stable on Wednesday, with the official rate around ₦1,364/$ and the parallel market holding in the low-₦1,400 range.