The Nigerian Airspace Management Agency (NAMA) has concluded arrangements to train Airspace Managers across all airports in Nigeria on Global Air Navigation Plan. This, according to the agency is targeted at equipping them with global trends in strategic air traffic management and also building their capacity for seamless airspace operations in their various domains. Making…
The naira on Friday appreciated against the dollar at the Investors and Exporters window, exchanging at 445.67.The figure represents an increase of 0.02 per cent compared with N445.75 to the dollar on Thursday. The open indicative rate closed at N444.42 to the dollar on Friday. An exchange rate of N447.50 to the dollar was the…
The Department of Justice announced today that it has transferred over $20.6 million to the government of the Federal Republic of Nigeria (Nigeria) in accordance with an Aug. 23 agreement between the governments to repatriate assets the United States forfeited that were traceable to the kleptocracy of former Nigerian Dictator General Sani Abacha and his…
The Economic and Financial Crimes Commission says it will appeal against Friday’s ruling by Justice Charles Agbaza of the Abuja Division of the Federal High Court, which dismissed a case of corruption against former Secretary to the Government of the Federation, Babachir Lawal.Ruling in a no-case submission made by Lawal and his co-defendants, Mr Agbaza…
Governor Yahaya Bello’s administration has threatened to sue the Economic and Financial Crime Commission (EFCC) over the alleged harassment of state officials.Information commissioner Kingsley Fanwo issued the threat in a statement on Thursday in Lokoja. The government said the action became imperative given the anti-graft agency’s alleged undermining and flaunting of the orders of a…
The bears dominated the domestic equity market as market capitalisation lost N20 billion or 0.08 per cent, to close at N23.971 trillion compared with N23.991 trillion recorded on Wednesday.Also, the All-Share Index (ASI) lost 35.72 basis points or 0.08 per cent to settled at 44,011.22 from 44,046.94 on Wednesday. The market’s weak performance was primarily…
Governor Gboyega Oyetola of Osun says he has no doubt in his mind that he will reclaim his mandate at the ongoing election petition tribunal.Mr Oyetola said this on Saturday during the 31st Iragbiji day in Iragbiji, Boripe Local Government Area of the state. The governor said he is optimistic that he would grace the…
Doha, Qatar – FIFA President Gianni Infantino accused Western countries of “hypocrisy” saying they were not in a position to give “moral lessons” to other nations, hours before the World Cup kicks off in Qatar. In a fiery news conference in the Qatari capital on the eve of the tournament, the Swiss Italian said Europe…
British Prime Minister Rishi Sunak has announced a new air defence package worth $60m as he met Ukraine’s President Volodymyr Zelenskyy during his first trip to Kyiv since becoming prime minister. “I am here today to say that the UK will continue to stand with you … until Ukraine has won the peace and security…
