The Minister of Aviation and Aerospace Development, Festus Keyamo, on Wednesday, gave an insight into why he approved the relocation of the Federal Airports Authority of Nigeria headquarters to Lagos State from the Federal Capital Territory. He had recently issued a directive for the relocation of FAAN headquarters from Abuja to Lagos. In an internal […]
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The Senate, on Wednesday, through its Committee on Banking, Insurance and other Financial Institutions, summoned the Governor of Central Bank of Nigeria, Olayemi Cardoso, to appear before it on Tuesday next week to answer questions on the state of the economy and the free fall of the naira in the forex market. The Committee, chaired […]
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Scene from the Ibadan explosion A suspected foreign miner in Ibadan, Oyo State, Sawane Youssouf, on Wednesday, said he neither owned nor rented the house where an explosion was recorded on January 16. Youssouf is believed to be the owner of the building where the explosion that killed five people, injured 77 persons and damaged […]
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Mrs Yetunde Ogunsakin, the widow of the slain traditional ruler of Esun Ekiti in Ajoni Local Council Development Area of Ekiti State, Oba Babatunde Ogunsakin, has disclosed her husband’s last request before he was gunned down by his assailants. Gunmen suspected to be kidnappers on Monday killed two Ekiti State monarchs on the Ipao-Oke Ako […]
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A Rivers State High Court sitting in Port Harcourt has granted a motion ex-parte filed by the Chief of Staff to the Rivers State Government House, Edison Ehie, against the Nigeria Police. Ehie had gone to the court to restrain the police or other security agencies from arresting, detaining and harassing him over his alleged […]
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A Federal High Court in Abuja on Wednesday issued a warrant for the arrest of the Chief of Staff to the Rivers State Governor, Edison Ehie over his alleged involvement in the burning of the state House of Assembly. The court also ordered that Jinjiri Bala, Happy Benedict, Progress Joseph, Adokiye Oyagiri, and Chibuike Peter […]
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The First Bank of Nigeria Holdings has appointed Nigerian billionaire and businessman, Femi Otedola, as the new chairman of its board of directors. Otedola, who recently expressed his excitement about his return to the Forbes African Billionaires list after a seven-year hiatus, takes over from the outgoing Chairman of the board, Alhaji Ahmad Abdullahi. Sharing […]
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President of the Senate, Godswill Akpabio (left) with Leader of the Senate, Opeyemi Bamidele, walking into the Senate chamber, following the resumption of the National Assembly after the Yuletide break in Abuja…yesterday. Credit: NAN The Senate, has again, summoned service chiefs to appear before it next week and proffer lasting solutions to the widespread insecurity […]
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A man exchanges Nigeria’s currency Naira for US dollars in Lagos, Nigeria (Credit: Pius Utomi Ekpei / AFP) Offsets ‘verified’ aviation FX backlog, pays $64.4m Amid sustained slide of the naira, which currently trades around N1,500 in exchange to a dollar, the Central Bank of Nigeria (CBN) has warned authorised dealers to ensure that transactions […]
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Osun State Governor, Ademola Adeleke(left); his Katsina, Niger, Cross River, and Bauchi counterparts, Dikko Umar Radda; Mohammed Umar Bago; Bassey Otu; Bala Muhammed; Permanent Secretary, Federal Ministry of Finance, Lydia Jafia; Minister of State for Labour, Nkiruka Onyejeocha; Head of Civil Service of the Federation, Folashade Yemi –Esan; Secretary to Government of the Federation, George […]
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