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Month: June 2026

Breaking News

FCMB names economist Bismark Rewane board chairman

First City Monument Bank Limited has appointed Bismarck Rewane as a Non-Executive Director and Chairman of its Board of Directors following approval from the Central Bank of Nigeria. It stated in a statement that the appointment brings one of Nigeria’s leading economists to the board of the lender as it seeks to strengthen its governance […]

National Assembly

Senate Orders Kyari’s Arrest Over Alleged Missing ₦210tn

FILES: Former NNPCL Boss Mele Kyari and NNPCL logo The Senate Committee on Public Accounts has ordered the arrest of the immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, for failing to appear before it over allegations of an unaccounted ₦210 trillion between 2017 and 2023. The […]

Breaking News

Alleged ₦2b Fraud: How Sirika Allegedly Used Ethiopian Airlines As Fake Nigeria Air — Prosecution Witness

Nigeria Air (Photo by: Channels TV/Sodiq Adelakun) The 12th prosecution witness in the trial of the former Minister of Aviation, Hadi Abubakar Sirika, on Wednesday, told Justice S. C. Oriji of the Federal Capital Territory High Court, Abuja, how Sirika allegedly passed off an aircraft belonging to Ethiopian Airlines as that of the promised Nigeria […]

Breaking News

Show me who hasn’t felt govt impact, Wike challenges FCT residents

The Minister of the Federal Capital Territory, Nyesom Wike, on Wednesday, stated that President Bola Tinubu’s infrastructure achievements in Abuja can guarantee his political future, stating the President should “sleep with his two eyes closed.” Speaking during the official commissioning of Arterial Road N5 in Abuja, on Wednesday, the minister maintained that if governance and […]

Breaking News

Insecurity: Reps vote on state police bill Thursday

The House of Representatives will on Thursday commence voting on a constitutional amendment bill seeking to establish state police, in what lawmakers describe as a major legislative response to Nigeria’s worsening security crisis. The Deputy Speaker of the House and Chairman of the House Committee on Constitution Review, Benjamin Kalu, disclosed this on Wednesday while […]

Breaking News

FG, Ethiopia Finalise Deal To Transfer Over 100 Nigerian Prisoners

The Nigerian delegation was received by Ethiopia’s Minister of State for Foreign Affairs and the country’s Chief of Protocol. More than 100 Nigerians serving jail terms in Ethiopia may soon be transferred to Nigeria as both countries conclude arrangements for a prisoner transfer agreement. Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, arrived in Addis Ababa for […]

Breaking News

NEMA mobilises for arrival of evacuees from South Africa

The National Emergency Management Agency (NEMA) has activated comprehensive reception arrangements for Nigerian citizens being evacuated from the Republic of South Africa ahead of their arrival in the country. NEMA Director-General, Mrs. Zubaida Umar, has deployed the agency’s response team to the Murtala Muhammed International Airport, Lagos, to work with relevant government agencies in receiving […]

Breaking News

Nigeria Air fraud: Ex-aviation minister rented Ethiopian Airlines plane for three-day show-EFCC

The Economic and Financial Crimes Commission Head of Media and Publicity, Dele Oyewale The Economic and Financial Crimes Commission has told the Federal Capital Territory High Court in Abuja that former Minister of Aviation, Hadi Sirika, allegedly presented an aircraft belonging to Ethiopian Airlines as the proposed Nigeria Air shortly before the end of the […]

Business

LCCI, NASD rally SMEs on Capital Market Funding

L-R: Managing Director and Chief Executive Officer, NASD PLC,Eguarekide Longe; Director General, Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona; Vice President and Chairman, Business Education Services and Training (BEST) Unit, Sir Ladi Smith and Deputy Director and Head, Office of Advocacy for Small Business Capital Formation (OASBCF), Securities and Exchange Commission (SEC),Ojone […]

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