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Flight scare on Royal Air Maroc flight to Casablanca

Passengers onboard a Royal Air Maroc flight (AT 554) from Lagos to Casablanca, Morocco, endured a panic-filled ordeal on Easter Monday after the aircraft attempted an unscheduled diversion to Marrakech, another major city in the country. The flight departed Murtala Muhammed International Airport, Lagos, at 7:05 a.m., with a scheduled arrival in Casablanca at 11:30...
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Air Peace Flights Delayed by Baggage Screening Glitch

Operations at the domestic terminal of the Nnamdi Azikiwe International Airport, Abuja, were disrupted on Monday following a technical fault affecting baggage screening equipment, causing delays to passengers, specifically those flying Air Peace. The airline, in a statement issued by its management, confirmed that the glitch had significantly slowed baggage processing and loading procedures, thereby...
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GenCos Question N3.3tn Power Sector Debt Settlement Plan

The Federal Government’s renewed approval of N3.3tn to settle longstanding debts in the power sector has sparked fresh controversy, as power generation companies say they have not received any payments despite similar assurances made nearly two years ago. Our correspondents report that the Federal Government has, on two different occasions, announced the approval of N3.3tn...
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Naira Policy Reshapes Nigeria’s Remittance Landscape

The Central Bank of Nigeria’s new naira settlement rule for diaspora remittances marks a notable shift in policy, with implications for recipients, foreign exchange flows, and market operations, JUSTICE OKAMGBA writes The Central Bank of Nigeria recently unveiled a sweeping policy that is set to reshape how diaspora remittances are received in the country, marking...
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FG to Build 168-Room Hostel for UNILAG Medical Students

The Federal Government, through the Tertiary Education Trust Fund, has concluded plans to construct a 168-room ultra-modern hostel for medical students of the University of Lagos. Speaking during the groundbreaking and site handover ceremony at the proposed site of the hostel inside the Lagos University Teaching Hospital, Idi-Araba, on Wednesday, the Chief Executive Officer of...
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REA disburses N9bn to boost mini-grid projects in Nigeria

The Rural Electrification Agency has disbursed about N9bn to support the deployment of mini-grid projects in Taraba, Kogi, and Kwara states as efforts to expand renewable energy access gather pace. This was contained in a statement made available to our correspondent by the agency on Sunday. According to the statement, the agency announced that N7.95bn...
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CHH reports N79bn assets in 2025 financial results

Consolidated Hallmark Holdings Plc has released its audited financial results for the 2025 fiscal year, reporting a significant expansion of its balance sheet and a reinforced commitment to policyholder obligations despite a complex macroeconomic environment. The Group’s total assets surged 33 per cent, rising from N57bn in 2024 to N79bn in 2025. This growth was...
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Tinubu approves N3.3tn power debt bailout for Nigeria

As the power sector struggles with liquidity challenges across the value chain, President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme. According to a statement on Sunday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the debt...
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MAIDS Launches Blockchain Insurance Model in Nigeria

Mutual Aid Specialist Micro-Insurance Limited has officially launched its operations, introducing a first-of-its-kind Blockchain Hybrid Mutual Insurance model in a move set to redefine the trust dynamics of the Nigerian financial sector. The launch, held at the company’s headquarters in Lagos, comes at a pivotal moment for the industry following the recent enactment of the...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...