The controversial national carrier, Nigeria Air, has failed to progress to phase two of the Air Operator Certificate certification process, according to a letter from the Nigerian Civil Aviation Authority. The PUNCH reported that the Federal Government took delivery of the first plane of the country’s national carrier, Nigeria Air, amid protest from local airline…
-How 6-month-old SCIL acquired lender with N1.2trn assets – The secret offshore companies involved in the deal -Embattled ex-Union Bank CEO, Emeka Emuwa uncovered as co-owner A fresh report by online newspaper, PREMIUM TIMES, has exposed more regulatory breaches in the acquisition of Polaris Bank Limited by Strategic Capital Investment Limited (SCIL) According to the newspaper, the trio…
A total of N81.7b was allocated to the construction of solar street lights in the 2023 FG Capital and Constituency projects. This is higher than the total allocation to schools and primary health centers, which gulp N77.9b and N3.1b, respectively, in the budget. The bogus allocation to streetlights is a gross misplacement of priority as…
For the fourth consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom. The award, which was published in the Spring 2023 edition of The Ethical Boardroom magazine, is in recognition of the bank’s adherence to global best practices and institutionalization of corporate…
It was a beautiful experience as all the contestants arrived from their Journey. They all took turn in their rooms at the well furnished Timeless Hotel, Beach and Resort. They were so happy because the atmosphere was welcoming and enriching In the evening of that day all the contestants came out in all their beach…
The Chairman of the Economic and Financial Crimes Commission, Mr. Abdulrasheed Bawa, on May 31, 2023 met with the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, Bola Ahmed Tinubu, GCFR, at the Presidential Villa, Abuja. The meeting which was the EFCC Chairman’s first official engagement with President Tinubu since…
Ekiti State Governor, Dr Kayode Fayemi ….. Several other former governors under probe – Source ….I can’t comment on the development – EFCC PRO A former governor of Ekiti State, Kayode Fayemi, is currently being interrogated at the zonal command office of the Economic and Financial Crimes Commission, in Ilorin, Kwara State, over an alleged…
By Victor Ahiuma-Young Maritime Workers Union of Nigeria, MWUN, has directed workers to shut down all operations of shipping companies and begin an indefinite nationwide strike from Monday over a lingering dispute with shipping companies concerning the poor pay package and welfare of employees. At a briefing, Thursday, the President-General of MWUN, Prince Adewale Adeyanju,…
The National Assembly management has commenced clearance of members of the Senate and the House of Representatives for payment and collection of severance packages, as the 9th Assembly winds down. The Clerk of the House, Yahaya Danzaria, made this known in a notice to members at the plenary on Wednesday. The 9th Assembly, which was…
