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Pay School Teachers Owed 10 Years

20.05.2026
The Court of Appeal in Port Harcourt has directed the Rivers State Government to pay the teachers of Demonstration Secondary School, Ignatius Ajuru University of (IAUOE) their almost 10 years outstanding salaries from February 2016 until the judgement is fully complied with. The court’s three-member panel upheld the decision of the National Industrial Court, which...
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VivaJets Urges Action on African Economic Integration

20.05.2026
VivaJets, an African business aviation company under the Falcon Aerospace Group, has urged African leaders to move beyond policy declarations and begin implementing practical measures that will drive economic connectivity across the continent. The call was made during the just-concluded Africa CEO Forum 2026 held in Kigali, Rwanda, where the company stressed that Africa’s economic...
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Nigeria Sets June 1, 2026 for T+1 Settlement Cycle

20.05.2026
The Securities and Exchange Commission has announced the transition to a T+1 settlement cycle for equities and commodities transactions in the Nigerian capital market, with effect from Monday, 1 June 2026. The apex regulatory body stated that the transition is in furtherance of its statutory mandate to promote an efficient, fair and transparent capital market...
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Leadway Assurance Revenue Grows 30% to N225bn in 2025

20.05.2026
Leadway Assurance, Nigeria’s leading insurance services provider and a member of the Leadway Group, has recorded a 30 per cent growth in insurance revenue to N225.3bn for the 2025 financial year, reinforcing its position as the nation’s most dependable insurer. This robust performance, up from N173.2bn in 2024, was driven by broad-based growth across all...
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IATA pushes safer, cleaner ground handling operations

20.05.2026
The International Air Transport Association has called for the modernisation and digitalisation of ground handling operations as part of efforts to reduce aircraft damage incidents and improve operational efficiency across the aviation industry. Speaking on the need to modernise ground support equipment fleets, IATA’s Director Ground Operations, Monika Mejstrikova, said aircraft ground damage remained one...
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Global UAV Market Projected to Surpass $160bn by 2034

20.05.2026
Former Director-General of the Nigeria Civil Aviation Authority, Musa Nuhu, has projected that the global Unmanned Aerial Vehicle industry could exceed $160bn by 2034 as rapid technological advancements continue to transform the future of civil aviation across the world. Nuhu made the projection through a paper he delivered at the 6th Drone Technology Conference and...
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FGN bond subscriptions drop 45% despite higher yields

20.05.2026
Investor appetite for Federal Government bonds weakened in May 2026 as total subscriptions dropped by 45.6 per cent month-on-month, despite rising yields at the auction. Data released by the Debt Management Office showed that total market subscriptions fell to N516.17bn in May from N947.99bn recorded in April. At the May 18 auction, the DMO offered...
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Access Bank FX Liquidity to Cover $1bn Debt

20.05.2026
Access Bank Plc possesses adequate foreign currency liquidity to comfortably service its looming $1bn external debt obligations maturing later this year. Global credit rating agency Fitch Ratings disclosed this in its latest institutional credit assessment, where it also affirmed the bank’s Long-Term Issuer Default Rating at ‘B’ with a Stable Outlook. The financial institution faces...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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