General News
NAHCO Targets $500m Investment FTZ

National Aviation Handling Company (NAHCO) Plc, said that it targets nothing less than $500 Million investment to the nation’s economy within five years through the establishment of Free Trading Zone (FTZ) at the Murtala Muhammed Airport Lagos.
Mallam Suleiman Yahyah, chairman of the Company, according to Nigerian Commercial Aviation News, at the national executive council meeting of the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) in Ogun State.
Yahyah said when the Free Trade Zone is fully operational, it would create employment opportunities for quite a number of Nigerians and the economy would surely feel the impact of the operation of the FTZ.
The Nahco Aviance Chairman who reiterated the importance of making Lagos the aviation hub in the West Africa sub-region reiterated that the failure to do so would be devastating in the next few years.
He explained that both Senegal and Cote d’ Ivoire are making good progress towards developing their aviation infrastructure and that soon, any of these may be designated the West African hub.
The implication of such designation is that Nigerians, in the future, may need to fly to Dakar or Abidjan to sleep over before boarding a flight to a major European capital.
He noted that to develop the aviation sector in Nigeria to meet up with world standard, Nigeria needs to invest a minimum of $10 Billion.
According to him, an airport which Nigeria should designate as a hub should be able to handle about 25 million passengers annually.
Nigerian Commercial Aviation News, reported that he applauded the unique advantages of Lagos as a capital which connects to major world capitals in five to six hours.
Yahyah also pointed out that there is also the need to develop the soft infrastructure of the aviation sector.
He emphasized the need for the development of the human capital resource of the aviation industry while warning that “We should not jeopardize our Category 1 status.”
He commended the maturity of ATSSSAN in tackling issues in the sector adding that the aviation industry cannot survive a strike especially at this time when the security infrastructure of the country is undergoing severe stress.
In his remarks at the occasion, Mr. John Chuks Onyegiri, director of Operations, Nigerian Airspace Management Agency (NAMA), observed that ground handling companies are a very important part of operations in the airport.
While also noting that training is key in the sector, Onyegiri added that the task of managing the air space safely is made more difficult by operators in the sector who fail to pay for services rendered. “The attitude of people wanting free service and yet refusing to pay for such a service would not help the industry.”
On his part, Comrade Benjamin Okewu, national president of ATSSSAN, said that while the supervising Minister of Aviation may be doing a yeoman’s job, the industry needs the full attention of a substantive Aviation Minister.
According to him,: “Our members are presently disturbed and agitated by the plan of the Federal Government to merge three agencies of the Ministry of Aviation, NCAA, NAMA and NIMET. As we have profusely stated in our various public engagements in the media, petitions and appeals to pertinent authorities, this proporsed merger grossly violates the principles, letters and spirits of standards as prescribed by International Civil Aviation Organisation (ICAO) conventions and protocols. It is logitcal to perceive that if a regulatory agency like NCAA and a service provider body like NAMA are bundled into a single organization, the aviation industry would most likely become a bedlam of confusion.”
General News
NRS Debunks Viral Claim of New Tax on Vehicle

Nigeria Revenue Service (NRS) has denied reports that the federal government has introduced a new tax on vehicles.

The clarification follows the circulation of a viral message online claiming that all vehicle owners would be required to start paying a new tax from July 1, 2026.
In a statement released on Sunday, the NRS said the information in the message is false and did not come from the agency or any official government institution.Nigeria Travel Guides
According to Dare Adekanmbi, spokesperson for the NRS, the viral message was designed to mislead the public. He explained that it was made to look genuine by using official government logos and formatting.
The message reportedly instructed owners of private, commercial, and corporate vehicles to pay an unspecified fee either online or through approved banks and agencies. It also included a website that was wrongly presented as an official government platform.
Adekanmbi stressed that the website mentioned is not connected to the government and warned Nigerians not to make any payments based on such information.
He said the NRS has not introduced any new vehicle tax and that any official policy or tax change would be properly announced through verified government channels.
The agency urged citizens to ignore the fake message and avoid falling victim to possible fraud. It also advised Nigerians to always confirm such information through trusted and official sources before taking any action.
The NRS further encouraged the public to follow its official communication platforms to stay informed about genuine tax policies, updates, and government directives.
General News
NCC to Intensify Crackdown on Illicit Network to Protect Copyrights

National Copyright Commission (NCC) has reaffirmed that piracy remains a major threat to the nation’s creative economy, vowing to intensify its nationwide crackdown on illicit networks to protect intellectual property.

Pic credit…soundcloud.com
Dr. John Asein, director-general of the NCC, disclosed this in a statement to mark the 2026 World Book and Copyright Day.
The commission noted that piracy remains a major threat, undermining legitimate enterprise and eroding the economic value of creative works.
Asein lamented that inadequate distribution systems and limited access to books also constrain the growth of readership.
He described the event as an important occasion, which showcased the enduring value of books as foundations of knowledge, instruments of cultural preservation, and drivers of national development.
He described the theme for this year’s celebration, ‘Read Books, Respect Copyright,’ as a call on Nigerians to embrace reading as a lifelong habit, while recognising that respect for copyright is essential to sustaining creativity and rewarding authors.
The commission noted that Nigeria’s book industry has evolved significantly, from the post-independence emergence of indigenous publishing to today’s digitally driven ecosystem.
“Nigerian authors continue to gain global recognition, while publishers are expanding capacity. However, challenges persist,” he said.
The commission commended the National Intellectual Property Policy and Strategy, describing it as a bold step toward repositioning intellectual property as a driver of economic transformation.
The policy, according to him, provides a roadmap for revamping the book sector for the benefit of authors and publishers, and is accessible at ippolicy.ng.
The NCC also reaffirmed its commitment to inclusive access through the Marrakesh Treaty, as reflected in the Copyright Act, 2022, enabling accessible formats such as Braille and audio texts.
It urged Nigerians to respect copyright and purchase books only from authorised sources.
General News
Fusewall Holdings Acquires 100% Stake in Coloplus, Expands Telecom Infrastructure Footprint

Fusewall Holdings, founded by Azeez Amida, has announced the acquisition of a 100 percent equity stake in Coloplus Worldwide Service Limited, in a move aimed at strengthening its position in Nigeria’s telecommunications infrastructure space.

Fusewall Holdings
The deal marks a significant milestone in Fusewall’s broader strategy to build an integrated and future-ready platform across key sectors, particularly within the country’s fast-evolving digital economy.
The transaction was led by Amida, whose role in structuring and executing the deal was described as pivotal. According to the company, his leadership helped align stakeholders and navigate complex negotiations to ensure a successful close while positioning the business for long-term growth.
A spokesperson for Fusewall Holdings said the acquisition represents “a deliberate step forward” in the company’s expansion strategy, noting that the focus remains on building platforms that combine operational efficiency, resilience, and scale.
Coloplus brings a substantial operational footprint to the deal, including access to about 900 partner locations and roughly 20 owned sites. This combination of reach and infrastructure control is expected to give Fusewall a strategic advantage as it scales operations nationwide.
Fusewall said it plans to deploy capital, strengthen governance structures, and enhance operational execution as part of the integration process. The move is expected to improve service delivery, boost infrastructure reliability, and support expansion into underserved and high-demand areas.
The acquisition also aligns with the company’s broader ambition to help bridge Nigeria’s telecommunications infrastructure gap by expanding connectivity, improving network resilience, and advancing digital inclusion.
Fusewall Holdings said the deal reflects its commitment to disciplined execution and long-term value creation as it continues to grow its footprint in Nigeria’s digital ecosystem.
Telecom2 days agoNCC Blames Growing Data Demand Network Quality Issues
E-Financial2 days agoBank Customers to Pay N1,500 for ATM Card Issuance, Replacement – CBN
E-Business2 days agoKaspersky Discovers Vulnerability in Qualcomm Snapdragon Chips that can Lead to Data Loss & Device Compromise
E-Financial2 days agoATM Card Fees Jump to ₦1,500 as CBN Scraps Maintenance Charges
News2 days agoCADEF, Stakeholders Push for Zero Added Sugar Standards in Infant Foods
E-Financial2 days agoProvidusBank Launches Ado-Ekiti Branch, Eyes Nationwide Rollout
Telecom2 days agoHow Nigerians Are Secretly Using AI to Master Creative Skills Fast
General News2 days agoSummit Factory Opens in Ogun, Targets Hygiene Market Expansion













