The Asset Management Corporation of Nigeria (AMCON) is exploring the possibility of merging Arik Air and Aero Contractors to establish a new national carrier. AMCON’s Managing Director/Chief Executive Officer, Gbenga Alade, disclosed this on Monday during an interactive session with media executives in Lagos. Alade highlighted the severe financial challenges facing both airlines, noting that…
By Aypmide Otitoju The Nigerian National Petroleum Company Limited (NNPC) has commenced the shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China under a Delivered Ex-Ship (DES) arrangement. This strategic move aligns with NNPC’s vision to establish itself as a dynamic and reliable global energy supplier. In a statement released on Monday, NNPC’s…
A Texas judge on Monday issued a temporary pause on a policy aimed at streamlining the process for spouses of U.S. citizens to obtain legal status, marking a significant setback for one of President Joe Biden’s key immigration reform initiatives. Judge J. Campbell Barker granted a 14-day administrative stay in response to a lawsuit filed…
The Court of Appeal in Abuja on Monday cleared the way for Asue Ighodalo to participate in the September 21 governorship election in Edo State as the legitimate candidate of the Peoples Democratic Party (PDP). The appellate court overturned a July 4 ruling by Justice Nyang Ekwo of the Federal High Court, which had nullified…
The Kauran Bauchi Frontiers, a Bauchi-based group, has called on President Bola Ahmed Tinubu to appoint former Speaker of the House of Representatives, Yakubu Dogara, as his spokesman. The group made this suggestion in response to Dogara’s ongoing criticisms of Bauchi State Governor Bala Mohammed. In a statement signed by the group’s chairman, Musa Zango,…
Yusuf Magaji Bichi, the Director General of the Department of State Services (DSS), has resigned from his position, according to a statement issued on Monday by Ajuri Ngelale, the media aide to President Bola Tinubu. Alongside Bichi’s resignation, the President has also accepted the resignation of Ahmed Abubakar, Director General of the National Intelligence Agency…
By Ayomide Otitoju At least 49 people have lost their lives, and thousands have been displaced due to severe flooding in Nigeria’s northeastern region, the National Emergency Management Authority (NEMA) reported on Monday. The floods, which have ravaged the states of Jigawa, Adamawa, and Taraba, have forced 41,344 people from their homes, according to NEMA…
In a pre-dawn operation on Sunday, operatives of the Department of State Services (DSS) arrested Adejuwon Soyinka, the Regional Editor of The Conversation Africa. Soyinka was apprehended around 5 a.m. upon his arrival at Murtala Muhammed International Airport in Lagos. Fellow journalist Dayo Aiyetan disclosed the incident in a post on X, stating that Soyinka,…
At the opening ceremony of the 2024 Annual General Conference of the Nigerian Bar Association (NBA) in Lagos, the Director General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, called for consistent policies in Nigeria, urging continuity regardless of changes in administration. “Maintaining good economic and social policies, maintaining policy consistency, and adding more reforms…
