The federal government has said the Nigerian Civil Aviation Authority (NCAA) will carry out a comprehensive audit of all local airlines in the country. The minister of aviation and aerospace development, Festus Keyamo, stated this on a television programme on Read more…
For the second consecutive time, Naira on Monday slightly depreciated at the official market, representing a 5.51 per cent loss when compared to the previous trading date on Friday, April 19, when it exchanged at N1,169.99 to a dollar. Data from the Read more…
The Kenya Police Service has arrested fleeing Binance executive, Nadeem Anjarwalla, as the International Criminal Police Organisation moves to extradite him to Nigeria within the week. Government sources familiar with the case who spoke on condition of anonymity because they Read more…
The Federal Government is looking forward to receiving around a $2.2 billion single-digit interest loan from the World Bank and another budget support facility from the African Development Bank (AfDB). Minister of Finance, Wale Edun, disclosed this during the press Read more…
First Bank of Nigeria (FBN) has appointed Olusegun Alebiosu as its acting managing director with effect from April, 2024. The Bank stated this in a release signed by its acting company secretary, Adewale Arogundade. Alebiosu takes over from Adesola Adeduntan, Read more…
Moscow will not leave the potential US decision to hand over its frozen assets to Ukraine unanswered, Kremlin spokesman Dmitry Peskov told journalists on Saturday. His words came after the US Congress greenlighted a potential transfer. “America will have to Read more…
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1123.391 billion as March 2024 federation account revenue to the federal government, states and local government councils. The balance in the Excess Crude Account (ECA) was $473,754.57. A Read more…
Chairman of the Independent Corrupt Practices and other related offences Commission (ICPC), Dr. Musa Adamu Aliyu, has assured the Federal Inland Revenue Service (FIRS) that the commission will assist the agency to tackle cases of tax evasion and financial crimes Read more…
From Ifeoma Ejiofor The deputy chairman, Tricycle Owners Association of Nigeria(TOAN), Comrade Michael Onyekwelu, has assumed the seat of acting chairman of the association in Anambra State, following the resignation of the immediate past chairman, Barrister Sylvester Obiorah. The new Read more…
NLNG has recently entered into a Memorandum of Understanding (MoU) with Nnamdi Azikiwe University Teaching Hospital (NAUTH) as part of the second phase of its multi-billion-naira Hospital Support Programme (NLNG HSP). The purpose of such a relationship was to raise Read more…
The presidential candidate of Labour Party in the 2023 general election, Peter Obi, has bemoaned the perennial power situation in the country. He said the collapse of the national grid a record 141 times in 11 years called for urgent, Read more…
The Governor of the Central Bank of Nigeria (CBN) Mr. Olayemi Cardoso, said yesterday that the apex bank is not defending the Naira with the nation’s foreign reserves. He was speaking against the backdrop of the recent decline in Nigeria’s foreign Read more…