archiveFebruary 2022

  The Federal Government has approved the resumption of scheduled passenger flights between Nigeria and the United Arab Emirates (UAE). This is according to a communique released on Wednesday by the Nigerian Civil Aviation Authority. Director-General of the NCAA, Captain Musa Nuhu, emphasized in the statement that the approval comes...

The Leader Of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, on Wednesday warned the National Leader of the All Progressives Congress (APC), Bola Ahmed Tinubu, concerning the future of his political career. In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele revealed that he foresees nemesis coming...

The Economic and Financial Crimes Commission (EFCC) Ibadan Zonal Command on Tuesday, February 1, 2022, secured the conviction of four internet fraudsters: Oseni Abolore Ismail, Popoola Samuel Ayomide, Shorinola Oluwatobiloba Michael and Akindele Kabiru Johnson Hammed before Justice Nathaniel Ayo-Emmanuel of the Federal High Court, Oshogbo, Osun State. Each pleaded...

    *Presidential Enabling Business Environment Council receives critical report on cumbersome agro-export processes in Nigeria There has to be a complete reorientation on the exercise of regulatory authority in the country in order for businesses and investors to thrive in Nigeria.   This was the conclusion of Vice President...

Nigerian Exchange Limited (NGX) has announced the listing of the Federal Government of Nigeria (FGN) $4,000,000,000 FGN Eurobonds on its platform today, Monday, 31 January 2022. The Eurobonds were issued in three tranches as follows: 6.125% FGN SEP 2028 worth $1,250,000,000.00; 7.375% FGN SEP 2033 worth $1,500,000.00; and 8.25% FGN...

    Lawan says Senate’ll be rigid on increased revenues to reduce budget deficit, borrowings     President of the Senate, Ahmad Lawan, on Monday, said that revenue generating agencies of government are capable of generating and remitting N3 trillion naira annually to the coffers of the federal government if efforts...

The Senate on Tuesday passed the Civil Aviation Bill 2022, which seeks to repeal the Civil Aviation Act 2006.   The passage of the bill followed the consideration of a report by the Committee on Aviation.   Chairman of the Committee, Senator Smart Adeyemi, in his presentation, said the aim...

  The Series 1 offer for sale of 575 million shares held by the MTN Group in MTN Nigeria to Nigerian investors has been successfully completed. The Offer was implemented by way of a bookbuild to qualified institutional investors and a fixed price offer to retail investors. According to s...

Senators belonging to the All Progressive Congress (APC) Caucus would be holding a meeting today immediately after plenary. Also billed to hold an emergency meeting immediately after plenary is the caucus of the People’s Democratic Party (PDP). The notice of meeting was conveyed in two separate letters signed by the...

It was all glitz and glamour as winners emerged at the grand finale of the keenly contested Future Face Africa (FFA) model talent search competition which took place at the prestigious Eko Hotels and Tours, Lagos at the weekend.  Ana Campos, a Rwandan and Nziza Ken, an Angolan emerged winners...