FAAN Bans Cash Transaction At Airport From March One

The Federal Airports Authority of Nigeria (FAAN) has announced that cash will no longer be accepted at any of its pay points, including access gates, car parks, and executive lounges, starting Sunday, March 1.

GenCos Reiterate Outstanding Payments Exceed N6.2trn

The Chief Executive Officer (CEO) of the Association of Power Generation Companies (APGC), Dr Joy Ogaji, in her statement, said that the debts continue to accumulate because GenCos are not fully paid for their output, despite incurring high costs for gas supply, plant maintenance, foreign exchange exposure, and financing obligations.