Foreign airlines operating in Nigeria have begun to unblock their low-priced fares on Nigerian routes as the Central Bank of Nigeria completes the payment of about $7bn backlog, which includes over $700m unremitted ticket revenue. The CBN had about two weeks ago announced the completion of payment of $7bn legacy debt, which included FX forward…
President Bola Tinubu joins the Christian faithful to commemorate Easter, a significant moment and a glorious celebration of the triumph of life over death. The President warmly greets Christians in Nigeria and around the world on this occasion, emphasizing love, sacrifice, and compassion as the patent themes of this solemn season. President Tinubu notes that…
The Inspector-General of Police (IGP) Kayode Adeolu Egbetokun, has ordered state commissioners to deploy Police personnel operations in areas of likely security threat within their jurisdiction (AoRs) especially in worship centers, train stations, highways, motor parks, airports, waterways, recreation centres, train stations and financial institutions This is confirmed in a press statement by the public…
First Bank of Nigeria Holdings Plc, on Wednesday, appointed billionaire Femi Otedola as its new Chairman, two new non-executive directors for the holding company, and three new non-executive directors for the First Bank. Updating the Nigerian Exchange Group of recent development within the bank, the company’s Secretary, Adewale Arogundade, announced the appointment of Olusola Adeeyo…
Abia State Governor, Dr. Alex Otti, has signed into law a bill to repeal the payment of pensions to former governors and their deputies. The governor through the signing of the Executive Bill into law cancelled a law enacted by the immediate past administration. The Executive Bill, which was passed by the State House of…
Residents of Okuama community in the Ughelli South Local Government Area of Delta State where 16 military personnel were killed have opened up on the alleged reprisal. The press had reported how troops attached to 181 Amphibious Batallion, Bomadi Local Government Area of Delta were killed while on a peace mission. Trouble started when the…
The Nigerian Army has expressed concern about the inadequate power supply in the Ikeja Military Cantonment, Lagos. This is as the Federal Government allocated N12.7bn for the mass metering project in all Army formations. Minister of Power, Adebayo Adelabu, spoke during the flag-off of the metering exercise at the headquarters of the 9th Brigade of…
The Sokoto Central market is currently on fire, with the motorcycle section of the market affected. An eyewitness who spoke with the press said the fire started early this morning, but its cause cannot be immediately established. However, another source revealed that the Sokoto Central market fire emanated from a dump site close to the…
Submarine cable company, MainOne says it may take up to two weeks to repair undersea cable cut which disrupted internet services in Nigeria, Ghana, Cote D’Ivoire, Senegal, and other West African and East African countries since Thursday. The company said the cause of the network outage was as a result to a fault on the…
The Socio-Economic Rights and Accountability Project has urged the Senate President, Godswill Akpabio, to recall Senator Abdul Ningi who was suspended for three months over his allegation of budget padding. Ningi, the lawmaker representing Bauchi Central, was suspended for three months over an interview in which he alleged that the National Assembly padded the 2024…
