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The Minister of Aviation and Aerospace, Festus Keyamo, has disclosed United Nigeria flight diversion that happened on Sunday was not due to bad weather conditions. The minister said this while meeting with airline operators in Abuja on Monday. Recall the Lagos-Abuja flight of United Nigeria Airlines was diverted to Asaba, Delta State capital, due to […]

There’s currently leadership crisis at the Bauchi State House of Assembly following the nullification of the election of Speaker and the Deputy Speaker by the Court of Appeal in Abuja. Recall that the appellate court had Friday sacked the Speaker Abubakar Y Suleiman and ordered a rerun in his constituency, Ningi Central. On Tuesday, the […]

A digital rights group, Personal Data Protection Awareness Initiative, has filed extensive complaints with the National Data Protection Commission (NDPC) against several transport firms, including ABC Transport, GIG Logistics (GIGL), GIG Mobility (GIGM), GUO Transport and Ekeson Transport, over non-compliance with fair information provision obligations via privacy notices, despite the trove of personal data they […]

President Bola Tinubu on Tuesday, November 28, urged the Senate to consider and approve his request to obtain a loan of $8,699,168,559 and €100 million as part of the 2022 – 2024 external borrowing plan of the federal government. Tinubu’s letter of request was read at plenary by Senate President, Godswill Akpabio. The president noted […]

Former Central Bank of Nigeria (CBN) governor Godwin Emefiele will remain imprisoned for failing to meet the N300 million bail condition ordered by a High Court of the Federal Capital Territory (FCT). The court also adjourned the case to January 18, 2024, for the continuation of trial. At the resumed hearing, the Prosecution Witness, who […]

Some passengers who boarded a plane from the Murtala Muhammed Airport in Ikeja, Lagos have recounted their ordeals after the plane which was meant to carry the passengers to Abuja, the Federal Capital Territory, landed at the Asaba Airport in Delta State. The incident which happened on Sunday threw many passengers into confusion as some […]

The Directorate of Citizens Rights (DCR) from the Ministry of Justice in Ekiti State has filed a lawsuit on behalf of Ekiti-born Chef Damilola Adeparusi, popularly known as Chef Dammy against Pastor Jeremiah Adegoke and the Ekiti State Police Command for alleged infringement of the chef’s rights. The DCR is also seeking compensation of N10 […]

Market Capitalisation Slides as UBN Delists from Nigerian Exchange Nigeria’s stock market opened this week’s trading with bullish sentiments, underpinned by bargain hunting in FBNH (+10.0%). Accordingly, the Nigerian Exchange All share index notched higher by 0.2% to close at 71,353.81 points from 71,230.48 achieved on Friday. Consequently, the year-to-date (YTD) return rose to 39.22 […]Read More

FG to Develop Integrated National Electricity Policy The Federal Government (FG) has revealed a plan to develop an Integrated National Electricity Policy, and Strategic Implementation Plan, as mandated by the Electricity Act 2023. On June 9, President Bola Tinubu assented to the Electricity Bill, now an Act empowering states, companies and individuals to generate, transmit […]

Dangote Refinery to List on Nigerian Exchange Africa’s richest man, Aliko Dangote, has announced plans to list his $20bn Dangote Petroleum Refinery on the Nigerian Exchange (NGX). Speaking to the Financial Times, Dangote revealed that the refinery would be floated on the NGX as a separate company, in what will be a significant development for […]

Tinubu Appoints NNPC Board, Management Team President Bola Tinubu has approved the appointment of a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL) with effect from Dec. 1. A statement issued by Chief Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, announced this on Monday in […]

Efficient Judicial System Attracts FDI– CBN Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), says an efficient judicial system will attract Foreign Direct Investment (FDI). Cardoso said this in Abuja on Monday at the 22nd National Seminar on Banking and Allied Matters for Judges organised by the Chartered Institute of Bankers of […]