archiveApril 2025

Nigeria has signed a Bilateral Air Services Agreement (BASA) with Trinidad and Tobago, according to the Minister of Aviation and Aerospace Development, Festus Keyamo. By signing this agreement, Nigeria and Trinidad and Tobago have set the stage for direct air connectivity, potentially reducing travel time and costs between West Africa...

The African Asset Recovery Practitioners Forum (AARP) has charged African countries to join hands in forging a road map and actionable processes against resource theft and asset recovery on the continent. This charge was given at the ongoing inaugural meeting of the Forum in Nairobi, Kenya with the theme: “Supporting...

Nigeria has officially signed and submitted its ECOWAS Tariff Offer to the African Continental Free Trade Area (AfCFTA), establishing zero duties on 90 percent of goods traded within the continent. The milestone, announced during the AfCFTA Council of Ministers meeting in Kinshasa, DRC Congo, reflects Nigeria’s interest in intra-African trade...

The Securities and Exchange Commission (SEC) is set to collaborate with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to implement joint nationwide sensitisation campaigns on “Financing SMEs through the Capital Market.” The Director-General of the SEC, Dr Emomotimi Agama, stated this during a meeting with SMEDAN in...

Nigeria headline inflation has increased to 24.23 per cent in March 2025 after dropping for the last two consecutive months. The National Bureau of Statistics (NBS) revealed in its latest consumer price index data on Tuesday, April 14. This shows that headline inflation inched up in March from 23.18 per...

Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, April 15, 2025, convicted and sentenced one Uzondu Precious Chimaobi to four years imprisonment for his refusal to accept the Naira as a legal tender. Chimaobi was arraigned by the Lagos Zonal Directorate 1 of the...

Nigerian Exchange Group (NGX Group) celebrated the extraordinary contributions of its retired directors, whose visionary leadership played a pivotal role in shaping the evolution of Nigeria’s capital market. The ceremony, held on Wednesday, April 9, 2025, followed the Group’s 64th Annual General Meeting (AGM) in Lagos, and brought together a...

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) Awolowo Road, Ikoyi, Lagos, on Monday, April 14, 2025, arraigned a Chinese, Liu Beixiang, before Justice Ayokule Faji of the Federal High Court sitting in Ikoyi, Lagos. The defendant is standing trial on a one- count charge...

In a remarkable demonstration of Air Peace’s unwavering commitment to career progression and in-house talent development, Nigeria and West Africa’s leading airline has elevated two of its accomplished Senior First Officers (SFOs)—Obinna Okeke and Adedamola Adeoye—to the esteemed rank of Captain on its Boeing 737 fleet. According to press statement...

President Bola Tinubu mas declared a national emergency on food security, urging expanded irrigation infrastructure and participatory water resource management nationwide. Tinubu made the declaration on Monday while opening the 6th African Regional Conference on Irrigation and Drainage in Abuja. The secretary to the government of the federation, George Akume,...